KP govt to hold roadshows to attract investment in energy sector

PESHAWAR: The Khyber Pakhtunkhwa government has decided to organize roadshows in major cities across Pakistan to attract investment in the energy sector.According to Muzzammil Aslam, adviser to the chief minister for finance, the proposed roadshows would be held in Karachi, Lahore, Islamabad and Peshawar.

With the approval of the adviser, the secretary finance issued the notification of the technical committee for holding roadshows.The main objective of the roadshows is to showcase investment opportunities in Khyber Pakhtunkhwa’s energy sector and provide necessary data to investors for further investment opportunities in the province.

As per notification, the additional secretary Finance-II is the chairperson of the said committee while the CEOs of the Pakhtunkhwa Energy Development Organization (PEDO), Khyber Pakhtunkhwa Oil and Gas Company, Khyber Pakhtunkhwa Economic Zones, and Khyber Pakhtunkhwa Transmission and Grade Company; senior chief planning officer at the energy department; PFM adviser SNG II; team lead DMU Finance and SEED project representative are its members.

As per the notification of the technical committee, terms of reference (ToRs) for the technical working group are to finalise the roadshow dates, session structure, speakers, and participant list, and securing necessary approvals.

The committee will also select and finalise potential energy and power projects along with the provision of essential projects and to review and finalise all related concept notes and presentations regarding the events.