KP government to set up CPEC city
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PESHAWAR:
The government of Khyber-Pakhtunkhwa has come up with a unique idea of setting up a CPEC city in the province.
The Khyber-Pakhtunkhwa (K-P) government will set up two new cities – CPEC City and Peshawar Model Town – to develop the housing sector and cater to the residential needs of the province.The provincial government inked a memorandum of understanding (MoU) with the Frontier Works Organisation (FWO) on Monday for this purpose. The MoU was singed at the K-P Chief Minister’s House.
Chief Minister Pervez Khattak told reporters that $11 billion were being invested in the housing, oil and gas, hydroelectricity and cement sectors.
