The chief minister and governor Khyber Pakhtunkhwa (KPK) were also present, a news release of Inter Services Public Relations (ISPR) stated here.
Speaking on the occasion, the COAS paid gratitude to the people of Swat for their valiant stand against reign of terror and standing alongside the security forces to throw terrorists out of the valley forever.
Felicitating the people of Swat on this historic day, General Raheel reaffirmed army's commitment to continue playing a solid role in bringing enduring peace and security of Swat.
Establishment of cantonment in Swat will act as a deterrent for terrorists, boost the confidence of all law enforcement agencies and help bring permanent sense of security with readily available force to counter any threat to peace in the area.
The newly established cantonment will also contribute to local socio-economic development for the area.
The COAS said that development of FATA and Malakand is a priority task being executed as a well considered strategy.
Pakistan Army has undertaken over 700 mega and minor projects so far in social sector in the areas where operations were carried out.
These projects are aimed at improving the quality of life of locals and address the problem of militancy on long-term basis. The whole world acknowledges Pakistan Army for uniquely completing the entire cycle of fighting terrorism from operations to reconstruction and resettling the displaced people back in the area, the COAS said.
Chief Minister, Governor KPK and local elders of the area thanked the COAS and Pakistan Army for establishment of cantonment with all its concomitant fringe benefits for the people of Swat.
The COAS visited the recently completed Sheikh Khalifa Bin Zaid Model Hospital Swat.
Appreciating the quality of hospital and facilities, he along with locals and hospital staff, thanked the UAE and its leadership for their contribution for socio-economic development of the area.
UAE Ambassador Essa Abdulla Albasha al Noaimi, and Director UPAP Abdullah Al Ghefeli were also present on the occasion.
Later, the COAS visited under construction state-of-the-art Army Public School.
Earlier on arrival, Corps Commander Lt Gen Hidayat ur Rehman and General Officer Commanding Swat Major General Asif Ghafoor received the COAS.