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Sunday September 08, 2024

Financial crunch forces KP govt to 'sell' education complex's land

KP education secretary confirms govt faces shortage of funds to clear payments of land owners

By Maham Qureshi
July 27, 2024
A general view of Bab-e-Mardan (Mardan Gate). — X/@poa_ecommerce/File
A general view of Bab-e-Mardan (Mardan Gate). — X/@poa_ecommerce/File

PESHAWAR: The Khyber Pakhtunkhwa authorities have decided to put lands owned by the education department on sale to acquire funds as the provincial government faces a financial crunch, sources told Geo News on Saturday.

The sources said that the land bought for the Bacha Khan Greater Educational Complex in Mardan would be put on sale to clear the payments of land owners.

They said that 700 kanals of the 4,800 kanals reserved for the educational complex, which was intended to house four separate institutions, will be sold off to generate Rs35 billion.

This land was reserved during the Awami National Party's (ANP) government in the province.

Four separate buildings including Bachakhan Medical College, Abdul Wali University, an agricultural university and an engineering university were planned to be established inside the Bachakhan Greater Educational Complex.

The insiders further stated that the government plans to sell the land to its original owners if they are willing to buy it back or else the land will be auctioned.

Individual committees of all four educational institutions have been formed for the marking and sale of the said land.

Speaking to Geo News, KP Education Secretary Kamran Afridi confirmed the decision to sell the land as the government faces a shortfall of funds.

He said that the decision to sell the land had been made in compliance with the Supreme Court's orders. The government has to pay more than Rs30 billion to the land owners, he added.

The official further stated that directives have been issued for marking the additional land in the four educational institutes' share.

He said that while the universities are unable to clear the remaining payments, the Higher Education Commission (HEC) has also held the funding for the varsities.