Peshawar: A Chinese company will make an investment of PKR 100 billion in Rashakai Economic Zone (REZ), reported a news source. The report further elaborated that the money will be spent in the development of the economic zone according to an MOU signed between the company and the Khyber Pakhtunkhwa government.
According to a different report, the investment and the resultant development is expected to generate 100,000 direct and indirect jobs for the locals once the zone is fully developed. REZ will have pharmaceutical, textile, food, beverages, steel and various engineering related industries.
