Khyber Pakhtunkhwa signs 44 deals worth $8bln at Expo 2020 Dubai

Khyber Pakhtunkhwa signs 44 deals worth $8bln at Expo 2020 Dubai

Khyber Pakhtunkhwa (KPK) has signed 44 deals worth $8 billion at Expo 2020 Dubai that will transform the province into an investment and trade hub in the region, it's top officials say.

The third largest Pakistani province in terms of population, which is celebrating a month-long activities at the world's largest expo in Dubai, said the UAE and global investors have shown great interest to invest in the KPK tourism, industries, infrastructure, food processing, livestock, energy and power sectors.

The 44 memorandum of understandings were signed at the Investment Conference hosted by the KPK Board of Investment and Trade (BoIT) and the Government of KPK on the sidelines of Expo 2020 Dubai.

Shahab Ali Shah, additional chief secretary, presented investment projects and incentives framework to the investors attending the conference.

Energy and power, tourism, economic zones development and mines and minerals were some the sectors that gained the attention of international and the UAE investors who committed $8 billion of investment in the province.

CEOs of Samara Group, Mazaya Group, Jannat & A.J Group, Almasa Group and a number of international and Dubai-based investors expressed willingness to invest in various projects of KPK province.

Earlier, the Punjab and Sindh signed multi-billion dollars deals at the six-month