Peshawar: The Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) and the State Bank of Pakistan (SBP) collaborated for an interactive awareness session for industrialists on the financing facilities available at the Mohmand Special Economic Zones (SEZ), according to a news report published on November 18.
The report revealed that the industrialists were briefed on the new products produced by the Small and Medium Enterprises Development Authority (SMEDA), SBP, Trade Development Authority of Pakistan (TDAP), and the local banks.
During the session, the industrialists were informed about the grants and financing on offer from different banks to facilitate operating expense, export-related schemes, the upgradation of existing ones, and the establishment of new industries.
As per the information shared by the KPEZDMC’s manager of Industrial Facilitation and Support stated that similar sessions will be organised in the future for the industrialists.
The Mohmand SEZ spans 350-acres of land with a leasable area of 257-acres along the junction of Mohmand, Bajaur, and Peshawar. The SEZ is 25-kilometre away from the Peshawar-Torkham Highway in the Michni area.
Reportedly, the total investment in this economic zone is PKR 7.6 billion and it is expected to generate 56,000 indirect and direct employment opportunities.
Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows & movies.
