Fata-KP merger will not affect Fata’s unique investment climate: Haqqani


UNDISCLOSED – The upcoming merger of Fata and Khyber Pakhtunkhwa will not affect the former’s unique investment climate, Jalaluddin Haqqani told a delegation of investors on Saturday.

“I have been assured that the unique advantages that Fata brings to the table for multinational ventures like yourselves will remain firmly intact,” he said.

“This includes all the services that we have gained international fame for, like training and product development, rest and recreation and project incubation,” he continued. “And, of course, all of this in the backdrop of the unique, global meeting of the minds that Fata has been able to provide to its investors.”

Parrying away the idea that a new regulatory framework is going to make things difficult for investors, he said, “Whether it is the Frontier Crimes Regulation or it is the Pakistan Penal Code, you all know that our esteemed investors have always been exempt from such laws. This is an industrial park. And we’ve got one hell of an industry here.”