PESHAWAR: The Khyber Pakhtunkhwa Board of Investment and Trade (KPBoIT) said that government has planned an investment road show in Peshawar this month to attract foreign investment to the province.
The KPBoIT said that under the ‘Ease of Doing Business policy’, the government is providing maximum facilities to investors and an official business portal, a new website and an investment relations management system have been launched for this purpose.
During the 9th Board meeting of KPBoIT, Chief Minister Mahmood Khan was informed that 44 MoUs worth $8 billion have been signed in energy, agriculture, industry, tourism, minerals and information technology during Dubai export.
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The KPBoIT said that investment road shows were attended by representatives of over 250 foreign companies. Eight sectorial conferences were also organised in which 100 foreign investors participated. The government has also prepared an action plan to implement the signed MoUs.
The meeting, chaired by Chief Minister, was informed that government had 34.27% of the funds allocated for participation in Dubai Expo. The Chief Minister termed the participation in Dubai Expo “successful and fruitful” and appreciated the performance of the entire team. The chief minister directed to execute 50% of signed MoUs during the current government.