KP govt prepares draft new policy for small industrial estates

PESHAWAR: The Khyber Pakhtunkhwa government has prepared the first and basic draft of the new policy for allotment, cancelation, transfer and surrendering of the plots at industrial estates and parks under Small Industries Development Board (SIDB) in the province.

After a thorough review to make it useful and feasible from all aspects, the policy will be presented for approval.A meeting was held here with Special Assistant to Khyber Pakhtunkhwa Chief Minister on Industries, Commerce and Technical Education, Abdul Karim Tordher in the chair on Wednesday and reviewed the important points of the draft policy and presented proposals and suggestions to bring further improvement in it.

Besides, Special Secretary Industries, Mohammad Anwar Khan, the Managing Director (MD) SIDB Habibullah Arif and Deputy Managing Director (DMD) Sahibzada Zulfikar, other authorities also attended the meeting.

The participants of the meeting was given a detailed presentation regarding the draft of the new policy and were told that after the formal approval, the new policy will be enforced in all prevailing and future industrial parks and industrial estates.

Under the new policy, the applicants for plots at industrial parks and estates will be provided the facility of the submission of online applications while a period of 20 days would be available for submission of essential documents.