PESHAWAR: Khyber Pakhtunkhwa Chief Minister Pervez Khattak has directed the concerned authorities to acquire the land for the 545-megawatt electricity production project in Kandia Valley, Kohistan.
He also directed the government officials to extend all possible help to the concerned company for Kaiga Hydro project, an electricity generating project.
These directives were issued by the CM in a meeting which was attended by Education Minister Muhammad Atif Khan, MNA Sajida Zulfiqar Khan, SK-E&C General Manager Eddy Nam, Manager Choris Hwans, National Engineering Cooperation Director Babar Mehmood and others.
The project costing 1.42 billion US dollar would be completed through a South Korean firm SK-E&C.
The participants of the meeting were given first-hand information about the company, its quality of work, its experience in the field and the provincial government engagement with the company reflected the terms of engagement between the provincial government and company.
The company pleaded to be supported for necessary licensing and acquisition of land for the project as the project was being executed through a Public Private Partnership the government had assured its support. The design of the project would be completed in July while the execution would start next year.
The chief minister directed the concerned quarter to move swiftly for the land identification and acquisition for the project, resolution of problems related to the project and settling down the rate of the land to be acquired for the project.
The chief minister, while welcoming the South Korean investment in Khyber Pakhtunkhwa, said that the government has evolved a transparent mechanism to attract investors to the province.
The chief minister also assured that the provincial government would facilitate the foreign investors in the province. He further assured that the government would resolve the land acquisition and would also provide security to the investors.
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