PESHAWAR - Khyber Pakhtunkhwa government has established the ‘Chief Minister’s Investment Promotion Cell’ in the Chief Minister’s Secretariat with immediate effect on Friday. Rafaqatullah Babar will be the Economic Coordinator of the Cell and will serve voluntarily.

The Chief Minister’s Investment Promotion Cell will send investment proposals received from investors to government departments concerned for evaluation, keep liaison with government departments, including Energy and Power Department, Industries, Commerce, Technical Education and Manpower Training Department, Mineral Development Department, Irrigation Department, Tourism Department, Science and Technology and Information Technology Department etc with regard to investment in various sectors of the said department.

The cell will invite investors and facilitate them on behalf of Chief Minister Khyber Pakhtunkhwa. The cell will have all relevant information regarding investment in KPK of all relevant departments, which may be provided to investors under the rule and will also chalk out guidelines for investment in the province.

It will plan, organise and host conferences, seminars, fairs, exhibitions and other similar activities to promote interest in investment in the province. The Cell will examine and analyse issues of economic importance and make recommendations to the chief minister. It will also analyse and make recommendations in financial matters referred by the CM, coordinate meetings chaired by the CM relating to development and economic activities and follow up of decisions. The Cell will also coordinate, interact and facilitate donors and international community.