Governor apprises Chinese investors about investment opportunities in FATA

PESHAWAR: Governor, Engr. Shaukatullah has said Mineral sector in FATA offers tremendous opportunities for investors to promote their businesses and generate economic activities for the local people as well and government has already initiated concrete measures to facilitate them to the utmost level to make this possible.
Talking to a group of Chinese investors who accompanied by their Pakistani partners called on him at Governor's House here on Tuesday, the Governor particularly mentioned the recently developed Momand Marble City; the First ever industrial estate in FATA and said, not only un-interrupted electricity supply has been made available but mere the development cost of rupees one million is charged for one acre industrial plot.

Welcoming the keen interest of the investors in up-gradation of raw chromite and copper which are abundantly available in Momand, Bajaur and South Waziristan agencies, the Governor said, "the Momand Marbel City is the ideal city for processing purposes which will also be of great benefit to the investors to avoid transportation cost.
It merits a mention here the investors at present have to transport hundreds of tons of raw material from mines site in FATA to Karachi and other parts of the country. The Chief Executive, FDA Fida Muhammad Wazir was also present on this occasion. - APP

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