British Firm announces investment of $400 million in KPK
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ISLAMABAD – A British firm has announced an investment of $400 million to build a new state-of-the-art cement plant in Khyber Pakhtunkhwa, recognising the clear potential for future growth in Pakistan.
During a meeting between top officials of Asian Precious Minerals (APML) and KPK Chief Minister Pervez Khattak on Saturday, both sides discussed the potential of bilateral trade between the United Kingdom and the province.
The meeting was attended by Nadim Khan, CEO of APML; Peter Frost, Executive Director of APML; Irshad Ali Khokhar, Country Manager of APML; and Jason Mumtaz from the British High Commission.
The chief minister explained his new industrial policy pursuant to which the KPK government has announced several incentives for local and foreign investors who can benefit from a transparent one-window operation to set up an industrial concern within the province without the need for an NOC.
