PESHAWAR
\nThe Khyber Pakhtunkhwa (KP) Government in collaboration with the Sustainable Energy and Economic Development (SEED) programme, hosted a dynamic investment road-show in Islamabad, the other day said an official press release issued here on Tuesday.
\nThe event was part of the series of similar road-shows recently organized in Karachi and Lahore. The event saw an impressive turnout, with active participation from women and robust representation from the federal capital\u2019s business and multilateral community, further solidifying KP\u2019s growing appeal as an investment hub.
\nIn the road-show, the provincial government showcased KP\u2019s diverse energy projects and investment opportunities, with a particular emphasis on the ability to provide affordable, green, and efficient energy solutions tailored to meet the business community\u2019s needs.
\nThe participants also explored KP\u2019s economic zones, which offer competitively priced industrial plots and significantly lower electricity tariffs compared to other regions in the country Speaking at the occasion, the Advisor to KP Government on Finance, Muzzamil Aslam thanked SEED for organizing the road-show and facilitating meaningful engagement between the business community and the province.
\nHe underscored the global momentum toward green energy and climate finance, citing his recent discussions in the United States and at COP29 in Azerbaijan.
\nThe advisor highlighted that institutions such as the World Bank are extending the repayment terms for climate finance loans to 50 years, signaling a strong global commitment to sustainable development.
\nHe also emphasized Islamabad\u2019s strategic importance as a hub for multilateral institutions, creating an environment conducive to collaboration, innovation, and sustainable growth in KP. During his address, the Advisor on Energy & Power, Tariq Saddozai highlighted the critical importance of the energy sector for Pakistan\u2019s economic growth, while outlining its challenges. He stated, \u201cPakistan\u2019s electricity sector is vital for its economic growth but faces significant challenges such as circular debt, poor performance of DISCOs, inefficiencies in generation sector and most of all NTDC\u2019s failure to extricate the available power from the power stations to the end consumers. The country\u2019s power generation capacity is around 42,000 MW, generating 90-95 billion kWh annually. However, reliance on imported fuels, contributing 45-50% of electricity, places immense pressure on
\nforeign exchange reserves and exposes the economy to volatile global fuel prices.
\nHe said that renewable energy offers a viable solution to address these challenges, saying KP is strategically positioned to lead this transition, holding over 40% of Pakistan\u2019s hydropower potential, estimated at 60,000 MW. Through innovative projects and focused initiatives, KP is making strides in hydropower, solar, and wind energy development to ensure sustainable energy solutions for the country.\u201d
\nThe event featured a detailed overview of the Pakhtunkhwa Energy Development Organization (PEDO)\u2019s contributions to KP\u2019s energy landscape. PEDO has completed 172 MW of hydropower projects and is advancing another 226 MW currently under development. Major initiatives include the 300 MW Balakot Hydropower Project (supported by the Asian Development Bank), the 88 MW Gabral Kalam, and the 215 MW Madyan projects, both funded by the World Bank.
\nCollectively, these projects represent over PKR 321 billion in investment, underscoring the province\u2019s commitment to sustainable energy and economic growth.
\nHassan Masood, Vice Chairman of the KP Board of Investment and Trade (KPBOIT), further elaborated, \u201cKP is not only a reservoir of renewable energy but also a province offering unmatched opportunities for investors. Our economic zones provide competitively priced industrial plots and significantly lower electricity tariffs compared to other regions, making KP a highly attractive destination for industries looking to expand.\u201d
\nNiaz Akbar, Investment Lead at SEED, emphasized, \u201cKhyber Pakhtunkhwa has immense investment potential and innumerable opportunities.
\nThe present government\u2019s vision is to transform KP by leveraging its comparative advantage in key sectors like hydro energy. By presenting this potential to investors and development partners, we aim to forge mutually beneficial partnerships for economic growth and the betterment of the people, the province, and Pakistan as a whole.\u201d The road-show concluded with a vibrant Q&A session, where potential investors actively engaged with government and technical experts to explore KP\u2019s business opportunities.
\nThe keen interest and enthusiastic participation of the participants,
\nespecially women and other diverse stakeholders has reaffirmed KP\u2019s
\nposition as a promising destination for sustainable investment and
\ninclusive economic development.
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PESHAWAR The Khyber Pakhtunkhwa (KP) Government in collaboration with the Sustainable Energy and Economic Development (SEED) programme, hosted a dynamic investment road-show in Islamabad, the other day said an official press release issued here on Tuesday. The event was part of the series of similar road-shows recently organized in Karachi and Lahore. The event saw […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-450031","post","type-post","status-publish","format-standard","category-peshawar"],"yoast_head":"\n