Construction work on Peshawar Expo Centre begins
PESHAWAR: The federal government has kicked off work on the construction of Expo Centre in Peshawar to facilitate traders and business communities of the province.
According to reports, the expo centre will cost between Rs 3 billion and Rs 5 billion. The centre will help enhance trade with Afghanistan and the Central Asian States besides promotion of business activities and lead to the creation of job opportunities in the province.
KP Chief Minister Pervez Khattak and federal commerce minister Khurram Dastagir Khan on May 24 performed the groundbreaking ceremony of the facility to be set up on 25 acres of the land at Tarnab Farm around 20 kilometers east of the provincial capital.
The federal commerce ministry and KP agriculture department had signed a memorandum of understanding on Jan 20, 2015, to set up the expo centre.
The MoU says the KP government will provide 25 acres of the ARI land for the purpose as its equity in the project, while the federal government will ensure provision of necessary funds to meet the costs of the centre’s establishment and development.