Special Economic Zone
our correspondent
Peshawar,
CEO KPEZMDC meets local residents of Rashakai area securing their cooperation in development of 1000 acre Rashakai prioritized Special Economic Zone.
CEO KPEZDMC held a meeting with the delegation of local residents of Rashakai area at KPEZDMC Head Office to hear their concerns. In the meeting CEO informed the delegation that KPEZDMC will give priority to employment of locals and provide them with vocational trainings. CEO assured the delegation that he was committed to Corporate Social Responsibility and will ensure that enterprises setting their units at the Zone will play their role in development of the local area through CSR initiatives. The delegation was informed that Rashakai pSEZ will generate thousands of jobs and bring billions of dollars of investment over the years making the region prosperous.
The meeting was concluded with a positive note by the delegation assuring full cooperation to KPEZDMC in the development of Rashakai prioritized Special Economic Zone.
KPEZDMC has signed an Engagement Agreement with Chinese partner CRBC to develop 1000 acres of land as Special Economic Zone and install a 225 MW power plant at Rashakai. KPEZDMC is in final stages of modalities of the Joint Venture Agreement and plans a ground breaking of the project soon.
