Sarhad Development Authority (SDA) has planned a new industrial estate on thousand acres of land near Rashakai Interchange on Motorway. Chairman Sarhad Development Authority (SDA) Akbar Khan told this while talking to APP here on Saturday.
He said that the new industrial estate was a mega project that was more like Sundar Industrial Estate of Punjab. Khyber Pakhtukhwa would emerge as hub of business activities after elimination of terrorism from the region as it was gateway to Central Asian Republics (CARs)and Pakhtunkhwa had good economic prospects in the future .
He said that industrial sector was affected due to a number of reasons in Khyber Pakhtunkhwa and the major causes were militancy and power crises in the region.
Once these issues were resolved the economic indicators would start improving in the province and the sick industrial units would also be revived, he opined. He said that a scheme has been approved in ADP 2011-12 to set up industrial unit in Manshera district and the construction work would start by the end of the current year. Moreover, he added that Hattar industrial estate extension project has also been approved in the present ADP and the construction work on the project would start very soon.