KPK provisional government has thought-out for the establishment of 10 Special Economic Zones (SEZs) to promote industry, trade and general employment opportunities for youth in the draft policy of KP Industrial Policy 2020-30. It includes Hattar SEZ extension (1000 acres), Darband (D.I. Khan) SEZ (1500 acres), Mohmand SEZ (350 acres), Nowshera extension EZ (77 acres), Swat EZ, Buner EZ, Shakas (KPEC), Chitral EZ, Ghazi and Jalozai. Also, with these projects, the provincial government will also be established at least two SEZs under Public Private Partnership (PPP) like Rashakai SEZ in next five years. It will provide effective governance system to help support rapid industrialization. Under the proposed industrial policy, following actions are subjected to be taken; to promote coordination and integration amongst the government functionaries to facilitate investment/industrialization, establishment of international standard logistic parks and easy access and availability of diversified credit lines by commercial banks to the industries, establishment of the sector specific economic zones across various districts of Khyber Pakhtunkhwa, and promotion of competitive SMEs and cottage industry and generation of the herds of skilled workforce as per demand of the industry. For the attainment of the desired areas, the provincial government will also take steps for the promotion of pharmaceutical, electronics, home appliances, apparel, transhipment, IT based as well as food and beverages and labour-intensive industries.
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