Going to China to bring foreign investment not loans: Khattak

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Khyber Pakhtunkhwa Pervez Khattak Chief Minister has said that he is leaving for Peoples’ Republic of China (Beijing) along a delegation to hold a road show and bring hundred new schemes for different sectors and requested the federal government to facilitate the province in this regard.

Addressing a press conference here at Assembly Secretariat on Friday, the chief minister said that China-Pakistan Economic Corridor would play vital role for the economic uplift in the country adding that they would make efforts to bring maximum developmental schemes to Khyber Pakhtunkhwa.

He said that big investment including industrial states, energy, railway track, roads, industrial park, cement factories, tourism, agriculture and others sectors would be the part and parcel of the CPEC.

He disclosed that major schemes would be started in three areas including Dera Ismail Khan, Rashakai (Nowshera) and Hattar (Haripur). The chief minister said that seven to eight billion dollars would be spent in KP but would try to enhance it to ten billion dollars. He said that 4000 mega watt power projects would be started during their government. He said that route from Chitral to Gilgit would also be approved during the visit. He said that they were going to China not to get loans but to bring huge foreign investment.