Peshawar: The Khyber Pakhtunkhwa governor Sardar Mahtab Ahmad khan has said Pakistan especially Khyber Pakhtunkhwa and FATA were endowed with the best natural resources, but the resources have not been tapped to its optimum potential in the past.
He said with the great sacrifices of our security forces we are heading to the new phase of peace and stability and now conditions are better for foreign investment in this region.
He said efforts are being made for the effective utilization of natural resources in the FATA and this will not only increase the country’s production but will also generate the employment opportunities for the locals and improve the region’s economy. “This will ultimately bring the economic revolution and prosperity in the country and will change the destiny of the region”, he added.
He said FATA was enriched in mineral resources and industrious workforce and it is time for the private entrepreneurs; national and international investors to investment in this sector and assured that government will fully cooperate them in furthering oil and gas exploration in the area.
He expressed theses views while addressing the inaugural ceremony of the new campus of the National Centre of Excellence in Geology, university of Peshawar on Thursday. On this occasion, the governor took a round of various lab facilities available to research students in the campus.
Director National Centre of Excellence in Geology Prof. Dr. Tahir Shah briefed the governor on the occasion. The new campus has been constructed at a cost of 12.1 million and includes state of art laboratories, class rooms and three hostels separately for male, female students and staff. He urged the national and international investors to invest in the mineral sector of this region.
Addressing the ceremony, the Governor said that natural resources were the backbone for a country’s constant economic growth. He added that Pakistan; especially Khyber Pakhtunkhwa and FATA were endowed with the best natural resources, but the resources have not been tapped to its optimum potential. Rather it would be right to say that tapping of natural resources have been neglected in the past, he added.
He stressed upon the faculty of this Centre to contribute in up-lifting the socio economic conditions of the country by putting their expertise in policy making. By promoting mineral based industry through enhanced research capabilities will not only improve the mineral development but industrial growth as well, he added.
“The Centre extensive research, outstanding academics and state of the art analytical facilities will not only attract and facilitate local entrepreneurs but will build the confidence of international investors in this province”, he further added.
Governor Mehtab said that the sitting Government was making all out efforts to attract investors for exploration projects and good news are coming in this regard. He said that the National Centre of Excellence in Geology is one of the best centres of the country and its experts need to come forward and extend technical support to exploration projects. He urged the Director NCEG to keep close liaison with the Government Department and achieve a joint milestone of seeing a prosperous Pakistan through utilization of its own natural resources.
While talking to media on this occasion, he said that inauguration of FATA University was round the corner. He added that strong educational institutions can bring a real change by producing best graduates and scientists for the homeland.
The Vice Chancellor UoP Prof. Dr. Mohammad Rasul Jan in his address reiterated the need for a strong industry academia liaison for practical manifestation of researches conducted at varsities. He added that the National Centre of Excellence in Geology has produced the best Geologists of the country.
National Centre of Excellence in Geology was established back in 1976 under an act of parliament, said Prof. Dr. Tahir Shah. He added 44 Kanal of land was acquired for the new campus whereas funds amounting to Rs. 334 million were provided by the Higher Education Commission for the civil work of the new campus.
Dr. Tahir Shah said that the project also has an (Additional) allocation of Rs. 259 million for Laboratory equipment and 200 million for strengthening of the human resource. He informed that up till not 17 scholars have completed PhD under the project from technologically advanced countries.