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Chief Minister Khyber Pakhtunkhwa Pervez Khattak said that he succeeded in signing 82 MoUs of different projects with Chinese public sector companies

Chief Minister Khyber Pakhtunkhwa Pervez Khattak said that he succeeded in signing 82 MoUs of different projects with Chinese public sector companies during his visit to China for holding a road show there to market its natural advantages that he added would change the destiny of the province. These projects valued around 24 billion dollars and these projects included 11 in energy, 7 in housing, 12 in industry, 7 in information technology, 4 in local government, 3 in mines and minerals, 9 in highways, 2 in agriculture, 3 in culture, 19 in higher education, one in urban development and three in WSSP. He was talking to different delegations at Chief Minister House, Peshawar. Provincial Minister Inayatullah, MPA Wajihuzzaman, Fazle Shakoor and Mehmood Jan were also present at the occasion. The chief Minister said that these projects would soon see the light of the day adding that in addition to these projects, his government had agreements with Frontier Works Organization for four projects with the value of 10 billion dollars. These projects included; Karak Oil Rifenery, Haripur Cement Factory, 600 MW of electricity and two housing schemes. The provincial government would get a share upto 10% without sharing a single penny in the projects. By this yardstick, these projects and agreements were historic in nature, he added. Pervez Khattak made it clear that it was the watchful interest indicated by Chinese in the 6th JCC meeting that he started supervising the preparatory work to hold a road show and prepared 100 projects to showcase them in the Beijing Road Show. The Chinese companies signed MoUs for 82 projects prominent among them are motorway industrial park, greater circular railway project, Peshawar mass transit, projects in energy, D.I.Khan economic zone, Kohat economic zone, Kohat Oil Refinery, Swat Model town, south districts economic zone, Cargo Rail, alternate route to CPEC from Gilgit to Chitral, Dir and Chakdara, greater water supply scheme for Peshawar, 500 KW of grid station at Darosh and Chakdara, petroleum block, oil marketing and storage, China – KP TTC Commercial Complexes, Warsak one and two, low cost housing schemes, IT related projects, Mansehra special economic zone, technology city Reshakai and a new general bus stand in Peshawar. Chief Minister said that there were both government to government projects and business to business projects. 90 private companies participated in the road-show on their own cost. His government only facilitated them and these private companies also concluded different projects of 900 million dollars. He said that this is a real investment. He said we would not take loans that would over burden the resource base of the province. He said that the province of Khyber Pakhtunkhwa was not a feasible province but the CPEC made it the most feasible province adding that he had already signed an MoU during his visit to China for the provision of solar kit for 10 thousands schools and 400 hospitals. He also talked about his government pro investment policy and added that these agreements were held transparently. He warned against any illegal dealing otherwise he would cancel the agreements. Pervez Khattak said he would have made a headway much before but unfortunately the federal government obstructed their efforts. He also had a fruitful meeting with the Chinese vice minister Foreign Affairs, where he assured him complete implementation on these projects. The next few months were very crucial therefore he formed a committee to oversight the process of implementation on these projects. ==========