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Deadline for KP’s Industrial Estate Allottees to Pay Arrears

According to media sources, the Small Industries Development Board (SIDB) of Peshawar has issued a deadline for the allottees of industrial estates to settle their debts.

According to the information provided, the board has instructed the allottees to pay their debts by November 15 or face legal penalties. The relevant personnel were instructed to send letters to all delinquents within three days to ensure that all debts were paid within the allotted time frame.

According to a statement, SIDB is working hard to ensure that industrial zones have access to basic amenities such as power, drinking water, gas, and water.

Read: Advantages and Disadvantages of Investing in Real Estate

According to reports, the modest industrial zone will be located 14 kilometers away from the existing industrial estate on the main Indus Highway. The industrial zone will produce firearms, plastic, and food and beverages, it was disclosed.

The managing director indicated that industrial estate would create a substantial number of employment prospects. He stated that the sanitation system in all industrial zones in Khyber Pakhtunkhwa would also be enhanced (KP).

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