Afghan investors show interest to invest in KP’s SEZs

PESHAWAR, October 23 (Gwadar Pro) – Afghan investors have expressed interests to invest in Khyber Pakhtunkhwa Economic Zones Development & Management Company (KPEZDMC)’s special economic zones (SEZs).

In this regard a delegation of investors from Afghanistan visited KPEZDMC Peshawar on Friday and held a meeting with Special Assistant to Chief Minister KP on Industries and Commerce Abdul Karim Tordher.

The visiting delegation was briefed on investment potential in SEZs across KP province. “We have extended all supports to the Afghan investors,” Abdul Karim Tordher told Gwadar Pro.

Mr. Tordher said that the government has established Hattar SEZ and work on CEPC’s Rashakai SEZ is underway, adding more SEZs are in the pipeline, which will allow the creation of industrial clusters with liberal incentives and tax relief. “The SEZs will effectively change the industrial landscape of the region,” he added.

Due to CPEC’s projects, foreign and local investors both have shown interest to invest in KP. The estimated share of KP in the Western Route of CPEC will be around 20 percent, which will boost economic growth. CPEC will significantly influence Industrial Estates (IEs) and SEZs in KP, as they are strategically located along CPEC routes and aligned to translate its full benefit for the equitably distributed economic development of the province.

Pakistan and Afghanistan enjoy historic trade relations. The volume of transactions fluctuates but never comes to a complete stop. In September 2021, Pakistan’s exports to Afghanistan remained at $ 49.158 million.