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

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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 for KP Archeology department and religious tourism.

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

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

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

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

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