Oil Refinery planned in KPK with FWO support services
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PESHAWAR (APP): Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that his government is expected to make an agreement with the Frontier Works Organization (FWO) for the setting up of an Oil Refinery at Karak along with some other projects in hydel power generation, housing sectors and industrial sectors in the province.
The housing project included Peshawar Model Housing Scheme comprising 120,000 kanals of land, Housing scheme on Motorway comprising 80,000 kanals and Hangu Housing Project.
Cement projects pertaining mines & mineral sector and four hydropower projects three in Chitral and one at Balakot and establishment of Industrials Hubs and Economic Zones in the context of CPEC and other Industrialization, provincial government has already planned in the province.
Chief Minister agreed to the proposal that the strategic storage normally occurred in KP and Northern Punjab necessitated the establishment of Oil Refinery in Karak that will ensure national security and it was also important from social prospective and there will be no chances of fuel shortage in the entire belt.
He asked the quarter concerned to finalize the formalities for making agreement with FWO. The province will get its share from these projects.
On this occasion, Pervez Khattak stressed upon the officials of energy sector to expedite land acquisition and make all formalities without wastage of time so that an agreement could be concluded with the FWO for the projects in hydel power generation sector. These projects are identified in Chitral and Balakot areas.
The province of Khyber Pakhtunkhwa would be a share holder in the earning from the projects.
In the cements projects, the Chief Minister directed to finalize all formalities so that a cement project could be launched in Sarikot Haripur.
A decision in this regard could be taken on the 30th of this month.
In the housing sector, the Chief Minister offered three projects to the FWO that included Peshawar Model Town, a Township at Motorway and Hangu Township. FWO took keen interest and was willing to take these projects in hand.
In the establishment of Industrial hubs and economic zones in the context of CPEC, the Chief Minister wished to thresh out a sharing formula and asked the quarter concerned to make further progress in this regard.
Pervez Khattak said his government has given a direction to the development and progress of the province. We want this province to make progress by leaps and bounds. The government officials should pull their sleeves for a more hectic job ahead. His government would make legislation for the benefit of its people and province, he added.
