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Home Economy

7 newly-installed industrial units become operational at MEZ

by News Desk
in Economy
Reading Time: 2 mins read
MEZ
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7 newly-installed industri­al units at Mohmand Economic Zone (MEZ) have become oper­ational while construction work on 54 more has begun.

The economic zone is situated in district Mohmand of the newly merged districts (NMD). The new industrial units were inaugurated by the Special Assis­tant to KP CM on Industries and Focal Person for Investment, Ab­dul Karim Khan. Besides, Special Secretary Industries & Commerce, the Chief Executive Officer (CEO) Khyber Pakhtunkhwa Econom­ic Zones Development and Man­agement (KP-EZDMC), Javed Iqbal Khattak and the Director General (DG) PCSIR Laboratories also ac­companied the special assistant.

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According to CEO KP-EDMC, Javed Iqbal Khattak these units were included Markhor Ghee & Oil that will be installed with the investment of Rs100 million and generate 100 employment.

The second unit is Metcore Cop­per & Aluminium for re-melting and copper and aluminium fabri­cation. The unit will be installed with investment of Rs.100 million and generate 100 employments.

The third unit is Calcium Car­bonate Grinding Mill with the name of Pak Grinding Mills has been installed with the invest­ment of Rs50 million. The mill has started productions and gen­erated employment for 40 peo­ple. The production capacity of the mills is 50 tons/hour.

The fourth inaugurated unit is of Mineral Line Company and the business of Calcium Carbonate Grinding and Marble cutting unit with total investment of Rs50 million has started production.

Similarly, construction work on Abbas Mohmand Flour & Gen­eral Mills has begun. The own­ers will invest Rs.250 million. The sixth unit is Royal Marble Solution, marble cutting at the investment of Rs.25 million and employment generation capacity of 20 persons. The unit has started production.

The seventh unit is also of mar­ble sector with the name of Madi­na Marble with the investment of Rs.25 million has already start­ed production and employed 30 workers.

Speaking on the occasion, the Special Assistant to KP CM said that the beginning of the indus­trial and trade activities in Mo­hmand District will open a new era of economic growth and pros­perity in the province especially in the newly merged districts.

He said that with the opening of these industrial units will bring an investment of Rs900 million and generate at thousand direct and indirect employment oppor­tunities for the locals.

Tags: industri­al unitsKhyber PakhtunkhwaMohmand Economic Zone
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