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INVESTORS START INSTALLING PLANTS IN MOHMAND AS PART OF CPEC

Mohmand marble plants

INSTALLING PLANTS IN MOHMAND AS PART OF CPEC

Mohmand, a Pakistani district bordering Afghanistan, is going to witness a new era of development. Since, industrialists prepare to install marble processing plants at the special economic zone being developed under CPEC.

According to a report published by Gwadar Pro on Sunday, Mohmand, and surrounding districts of Bajaur and Khyber, are rich in a vast variety of marble stones and other minerals. Even then, extreme poverty and unemployment resides in these areas. However, the Mohmand SEZ (special economic zone), will probably generate around 18,000 direct jobs. Moreover, it  has the potential to make the district a hub of jobs and business opportunities instead.

Bilal Mohmand, an industrialist and convener of the standing committee on marbles and granite of the Federation of Pakistan Chambers of Commerce and Industry, sought early provision of facilities to the SEZ. “I have started setting up my plant in the SEZ but there are no access roads or facilities like water supply and electricity”, he said.

Several other industrialists had also started installing marble processing plants, he added. The SEZ was firstly anticipated by Pakistan Stone Development Company (PASDEC). As Mohmand Marble City is to streamline the marble stone processing industry in the region. Moreover,  it will provide facilities for the purpose near the districts rich in these minerals. Later, they designated it as a full-pledged Special Economic Zone under CPEC. Keeping in view its ideal location, said Waqas Ansari, Project Manager (Marble Cities) at Pasdec.

KP Economic Zones Development and Management Company, or KPEZDMC (MOHMAND)

Authorities handed over the management of Mohmand Economic Zone to the KP Economic Zones Development and Management Company, or KPEZDMC.  Which is a provincial government body, following two constitutional amendments, he said. He also said that this shift in authority delayed, much-needed facilities including uninterrupted power supply and access roads.

A source in KPEZDMC said that the KP government wanted the project to become fully operational before July. Umar Shahid, a technical officer at KPEZDMC, said that we have sought tenders for the left-over works. 

A week ago, Tribal Areas Electricity Supply Company (TESCO) authorities visited the grid station, which they will install at the facility. On December 31, the KP chief minister Mehmood Khan while directing for early completion of facilities at the SEZ also asked the officials to start shifting marble plants on Warsak Road, and scattered plants in Mohmand districts to the new facility. Authorities informed him that of the 290 plots, we have leased out 106 already. Whereas, they will accommodate the Warsak Road plants in the rest of the plot.

For more news about real estate, construction and development in the country, please visit https://www.landster.pk/blog/

 

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