'Establishment of Pak-Afghan Economic Zone in progress, section four enforced for land acquisition'.

PESHAWAR -- Establishment of Pak-Afghan Zone near Afghanistan border in the periphery of Peshawar district is in progress and section four has been enforced for acquiring of the land.

This was disclosed by Javed Khattak, CEO Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) while talking to reporter here Thursday.

The KPEZDMC is establishing Pak-Afghan Economic Zone with the objective of tapping the potential of trade and commerce and facilitate businessmen of both the neighbouring countries, he told.

508 acres land will be established within the vicinity of Hayatabad Industrial Estate under the foothills of Shalman mountains. In Pak-Afghan Economic Zone, Afghan businessmen would be given the opportunity of doing business through partnership with Pakistani businessmen, Javed explained.

He said a separate economic zone is expected to give impetus to Pak-Afghan business by strengthening supply chain of both the raw material and finished goods between the two countries.

Special cold storages will also be set up to protect perishable goods from being getting rot due to closure of Torkham border post, he added.

The CEO KPEZDMC informed that NESPAK was working over feasibility of the Pak-Afghan zone and the work on infrastructure development would soon start after acquiring of the land.

For Pak-Afghan Economic Zone, the new Expressway will be utilized for transportation of goods from main G.T road and Motorway industrial estate to avoid entry of goods laden trucks within the premises of city area of Peshawar district, he continued.

He said KPEZDMC is striving with the...