PESHAWAR: (APP) Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed for expeditious preparations for the safe city Peshawar project.
He directed the home, P&D, Police and the team of Chinese company to sit together and finalize the requirements including cameras, poles and fiber optic and control room for the safe city Peshawar project. The safe city Peshawar project would also focus on monitoring the adjacent areas bordering the tribal agencies.
This he stated while meeting with the Vice President Chinese Company ranked among the top companies of China.
The Chief Minister directed that the project would be started from
Peshawar and would be extended to other cities of the province later on, adding that the safe city project should be planned in a manner that could also generate resources.
The team of the provincial government and the company should coordinate with each other and finalize the modalities in this regard. The team of Chinese company for the safe city project is due to visit Peshawar next month.
The Chief Minister said that the Government of Khyber Pakhtunkhwa would finalize investment agreements with a number of foreign particularly Chinese companies this week.
The agreements to be concluded mainly related to small hydel and renewable power generation schemes which would on the one hand provide cheap electricity to the people of the whole country while on the other hand would contribute to environmental conservation and would become a source of income generation for the Province.
Meanwhile, a delegation of Sino Hydro Corporation called on the Chief Minister Khyber Pakhtunkhwa and offered to make further investments in different projects.
The company is already working on different hydel power generations in the province including the extension of Turbela Dam anb Shamai Khwarh.
Secretaries PE&DD, Shahab Ali Shah and Secretary Power Mohammad Naeem Khan were also present on the occasion who briefed the members of the delegations about investment in the Province.
The Chief Minister pointed out to the delegations that Khyber Pakhtunkhwa has so strategically located that it provided the best place for investment to get maximum benefits from the China Pakistan Economic Corridor (CPEC).
He also briefed the delegation about the natural resources of the province which makes it the best place for getting maximum return on investment. It was agreed that details technical experts of the groups, the Province and the investors will meet in a day or two to finalize arrangements for further investments.
The Chief Minister directed the decision makers to ensure that the province had a share in the revenue generation mechanism of the all hydel power projects to be offered and implemented by the foreign investors.
He said that the electricity produced thus would directly flow to the national grid but the province should be the end beneficiary of the revenue as the natural advantage of this province was being used for hydel power generation, he added.
Both the companies also offered investment in different sectors beyond the hydel power generation that the Chief Minister took well and assured that his government has already laid down the turf for investment facilitation in the province that would ultimately lead to the benefit of province, he concluded.