PESHAWAR – Government of Khyber Pakhtunkhwa has signed a Memorandum ofUnderstanding (MoU) with a Chinese company for development of RashakaiEconomic Zone (REZ) under CPEC.
A government spokesman told Radio Pakistan Peshawar correspondent thatunder the agreement, the Chinese company will invest one hundred billionrupees in different fields, including textile, Information Technology,energy, marble and industrial units of food processing sectors.
The economic zone will generate over one hundred thousand job opportunitiesfor the youth and help boost trade and economic activities in the province.