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Industrialists Briefed on Facilities Available at Mohmand SEZ

According to a published news article, the Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) and the State Bank of Pakistan (SBP) collaborated on an interactive awareness session for industrialists regarding the financing facilities available at the Mohmand Special Economic Zones (SEZ).

Read: Reasons to Buy Property Near Islamabad Airport 

Industrialists were briefed on the new items manufactured by the Small and Medium Enterprises Development Authority (SMEDA), the State Bank of Pakistan (SBP), the Trade Development Authority of Pakistan (TDAP), and the local banks, according to the report.

During the session, the industrialists were told of the grants and funding available from various institutions to assist with operational expenses, export-related programs, the upgrading of current enterprises, and the formation of new ones.

According to the information provided by the KPEZDMC’s manager of Industrial Facilitation and Support, similar sessions would be held for industrialists in the future.

The Mohmand Special Economic Zone encompasses 350 acres of land, including a leaseable area of 257 acres, at the intersection of Mohmand, Bajaur, and Peshawar. In the Michni region, the SEZ is 25 kilometers from the Peshawar-Torkham Highway.

The overall investment in this economic zone is reportedly 7.6 billion Pakistani rupees, and it is estimated to generate 56,000 indirect and direct jobs.

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