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Chief Minister Khyber Pakhtunkhwa Pervez Khattak has agreed to a proposal for the establishment of a Chamber of Construction Industries on the pattern of provincial Chamber of Commerce

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has agreed to a proposal for the establishment of a Chamber of Construction Industries on the pattern of provincial Chamber of Commerce in a meeting with the top contractors of the province here at Chief Minister House Peshawar. Contractors would form a consortium to negotiate agreements not only in the province but would also be able to launch joint ventures with foreign investment companies in the field of construction industry. The Chief Minister assured that the provincial government would back the genuine contractors and their companies but would never compromise on the quality construction of different projects being initiated by the provincial government for different services of public interest. Advisor to Chief Minister for C&W Akbar Ayub and other concerned authorities were also present Chief Minister agreed to the establishment of the chamber for the expansion, betterment and facilitation of local construction industry to grow and get to the international standard. He directed to move a summary having different feasible recommendations for the establishment of separate chamber. The Chief Minister assured the contractors to take them on board and facilitate them for joint ventures with foreign investors. He directed to work out a mechanism for implementation on it and added that it was a good proposal. The government wanted to bring forward the local private investors, traders and construction companies. He said the provincial government had given proper representation to private investors and traders in the provincial government investment road show in Beijing who concluded agreements worth billion. The Chief Minister called upon the local construction industry to improve its quality of the work because the government had to cancel tenders because the local investors did not meet the quality construction. This also was a source of wastage of time and resources. He is in favour of encouraging local contractors but when it comes to the quality of work, he had no other option but to select a quality company. If the local contractor meet the required standard then he had no objection to award any contract. The Chief Minister said that he had a clear intention and therefore won different cases in the court of law. He can go to any extent in the interest of province. The provincial government, he added had already established autonomous boards and authorities in different departments and these were headed by the private sector professionals. He directed the KPPRA to give representation to the contractors association. Regarding the availability of resources for different schemes in different departments, he assured that he would give preference to completion of ongoing schemes. 80 to 90% resources would be injected to the ongoing schemes in order to complete them in time. The Chief Minister directed the C&W to form a monitoring team to check the qualification of consultants. The consultants should have all the facilities for mobility and warned against any act of asking the contractors for any facility. Each department should include all these facilities to the consultant in the qualification process. The Chief Minister agreed to replace the process of keeping the 10% performance bond guarantee in a bank with the rating insurance company. There should be foolproof arrangement in this regard. Regarding the profit of retention money, the Chief Minister agreed to the proposal for sharing the profit because he would go for the interest of the province. He also referred to the different agreements with FWO wherein the provincial government would get 10% in profit that is considerable in nature widening the fiscal space of province. <><><><><><><><><>