Times of Islamabad

European Country announces soft loan worth Rs 1.2 billion for KP Archeology department

European Country announces soft loan worth Rs 1.2 billion for KP Archeology department

ISLAMABAD – European Country announces soft loan worth Rs 1.2 billion forKP Archeology department and religious tourism.

The Italian government has announced a Rs. 1.2 billion soft loan for thedevelopment of the Archaeology Department of Khyber Pakhtunkhwa and thepromotion of religious tourism in the region.

Italian Ambassador Stefano Pontecorvo announced this during a meeting withKP Senior Minister, Atif Khan at Civil Secretariat Peshawar.

The meeting also discussed detailed bilateral relations including thepromotion of religious tourism and the development of integrated districts.The Italian ambassador also assured the training of archaeological specialpolice in the province, which would ensure the prevention of antiquities.He also assured to give funds for the development of the integrated tribaldistricts and offered the provincial government to point out differentsectors in erstwhile FATA.

On this occasion, Senior Minister Atif Khan thanked the Italian Ambassadorfor lending the archaeology department on easy terms and provision offinancial support for the development of the integrated districts.

The Senior Minister said that the situation in the province is nowfavorable for investors.