Vows to take it up with Federal Govt: Economic revival formula of Abu Dhabi impresses CM a lot

F.P. Report

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Mahmood Khan revealed that government will whole heartedly participate in 2020 Dubai World Expo for the promotion of tourism and other sectors in the Province Khyber Pakhtunkhwa. Chief Minister also revealed that a high level delegation of KP consist of tourism, Health, Education, Industries will also be sent to Abu-Dhabi for bilateral trade and investment very soon.

The Chief Minister welcomed the delegation for investment in different sectors of KP. Mahmood Khan also welcomed the formula for economic revolution in the province and assured that the said formula would be taken up with the federal government.

The Chief Minister was talking to a representative delegation of Chamber of Commerce Abu Dhabi at CM House Peshawar, different investment opportunities came under discussion in the meeting. Provincial Finance Minister Taimur Saleem Jahgra, Provincial Spokesperson Ajmal Khan Wazir, Advisor to CM on Education Ziaullah Bangash, other relevant officials attended the meeting while the other side delegation members including Khan Zaman Saroor member of Abu Dhabi Chamber of Commerce, Dr. Niaz Ahmad Khan, Habib Ahmad Secretary Custom Islamabad, Fazle Ahad Bacha Businessman Abu Dhabi and Zamurd Buneri present on the occasion.

Dr. Niaz Ahmad Khan briefed the meeting about the economic formula to boost the economy of the province. He revealed that with the implementation of this formula will change the whole economic picture of the province suddenly. 50 lakh people will get jobs and also will fulfill the requirements of fiscal year budget. He further told the meeting that this will reduce inflation, tax and duties in the province. This is a zero risk formula from which the government will get its economic goals and objectives. The economic formula will promote interest free banking where the people of the province as well as investors can be supported fully. Dr. Niaz Ahmad Khan described different features, its implementation, monitoring and establishment of monitory fund through this economic formula.

The Chief Minister appreciated this revolutionary economic formula of the delegation and said that the provincial government will take up this formula with the federal government. Mahmood Khan assured that he will present this formula to federal government and will also support the formula for implementation at all level.

The delegation also informed the meeting about Dubai World Expo 2020 and requested the provincial government to participate in the expo so as to promote bilateral tourism between the Pakistan and UAE. Besides this there are vast opportunities for investment in the oil & gas field between the two countries. The Chief Minister said that to provide jobs opportunities to our young generation is the top priority of our government. He said that those companies and firms who take interest to invest in KP will be provided human resource and other facilities also.

The meeting agreed in principle with the requirement of training for investors in health, education and marble sectors of the province. The meeting also agreed with the suggestion to facilitate Pakistani labours and to support drivers in getting driving license in Dubai, Abu Dhabi and other states of United Arab Emirates.

The delegation revealed that several investors and companies of UAE especially of Dubai and Abu Dhabi have deep interest to invest in Khyber Pakhtunkhwa in all sectors. The government of UAE is also keen for bilateral investment and for this purpose government to government coordination is necessary.

The Chief Minister revealed that to utilize this opportunity and to promote tourism and investment in the province, he will constitute a high level delegation and will send to Abu Dhabi for the purpose. The Chief Minister directed that a meeting will be convened to prepare a full fledge plan for this purpose where all the stakeholders will be taken in loop.     

Furthermore Chief Minister Khyber Pakhtunkhwa Mahmood Khan had a meeting with the parliamentary committee constituted to probe into the incident of Peshawar University and the unrest created on the campus. Headed by Provincial Law Minister Sultan Muhmmad Khan with representation to MPAs Nighat Orkzai, Sardar Hussain Babak, Khliq-ur- Rehman, Arif Ahmad Zai, Mehmood Battani and Nazir Abbasi of the parliamentary groups in the Khyber Pakhtunkhwa Assembly throughouly discussed the matter and informed the Chief Minister about the fixing of responsibility for incident and the recommendations firmed up by the parliamentary committee.

The detailed report of the recommendations was formally handed over to the Chief Minister. The Chief Minister assured that his government would justly implement the recommendations of the parliamentary committee of the provincial assembly. Mahmood Khan said his government would make decisions on merit and creating conducive environment in the educational institutions would stay the top priority of provincial government. The Chief Minister said “students are our assets and we will ensure their bright future”. Their issues will be resolved at priority, he added.