Business community has extended commendable support to the economy of the province, Sikandar Hayat


Peshawar: Khyber Pakhtunkhwa Senior Minister for Irrigation and Social Welfare Sikandar Hayat Khan Sherpao while linking the development of any country or province with the development of Industrial sector there said Monday that the business community of the insurgency-hit province had extended commendable support to the economy of the province and services to the people despite unfavourable situation, therefore, the provincial government too would take all possible measures for addressing their problems on priority basis as well as incorporating their useful proposals in the Industrial Policy, which was being finalized, to achieve the goal of industrial development in the province.

Addressing the cheques distribution ceremony held here under the auspices of Khyber Pakhtunkhwa Chamber of Commerce and Industry, SMEDA and Economic Revitalization of Khyber Pakhtunkhwa and FATA (ERKF) project, he said that the KP province had great potentials for producing cheaper hydro power, Sui gas and oil etc, which on utilization to the optimum could put the province on the track to speedy progress and prosperity.

The ceremony amongst others was also addressed by Special Assistant to Chief Minister KP for Industries Abdul Karim Khan, District Nazim Peshawar Asim Khan, President KP Chamber of Commerce and Industry Zulfiqar Ali Khan and Chief SMEDA Javed Khattak.

As many as 80 cheques having a total value of Rs. 45 million were distributed among the affectees of the business community on the occasion whose businesses got affected due to insurgency in the province.

Sikandar Sherpao said that the people of this province including the business community had suffered a lot during the war on terror as we lost a considerable number of men, women and children and daily life remained paralyzed. Now this province deserved to be compensated and given all its due rights and we would voice for it at every forum, he remarked.

He also stressed for improving Pak-Afghan relations at the government, establishment and people to people level so that the goal of restoring lasting peace in the region could be achieved, which was essential for the progress and prosperity of both the neighbouring countries.

Referring to the China-Pakistan Economic Corridor, he appealed the federal government to implement the recommendations of the All Parties Conference, held in the recent past, in letter and spirit and initiate work on the western route of the project as this was necessary for removing the sense of deprivation of the smaller provinces.