December 26, 2022 (MLN): The board of directors of the Small Industries Development Board (SIDB) Khyber Pakhtunkhwa has approved the establishment of four new industrial parks, a press release issued on Monday showed.
The decision was taken in a meeting chaired by Special Assistant to Chief Minister (SACM), Abdul Karim Khan today.
“The board has further directed the management of the SIDB to publicize plots in the Peshawar Industrial Park with immediate effect besides local, overseas investors should also be given the opportunity on a priority basis”, it added.
Furthermore, the board has also identified prioritized sectors for the establishment of units in the Peshawar industrial park that include agriculture, surgical, sports, carpet manufacturing, solar panel, mobile phone, auto-mobile and cycle manufacturing units.
“In order to promote industrialization in Northern areas SIDB must ensure land acquisition for Small Industrial Park Peshawar and another 1,250 Kanal land for Small Industrial Park Bannu near Kasho Bridge connected to China Pakistan Economic Corridor (CPEC) route as soon as possible”, Abdul Karim said.
The board has also granted approval for the establishment of industrial parks in Kurram Upper, Kurram Lower, and Dir Lower.
