Construction of Khyber Pass Economic Corridor given green signal

Peshawar:       The Executive Committee of the National Economic Council (ECNEC) has approved Khyber Pass Economic Corridor (KPEC), including a 47.55 km long two-lane Peshawar-Torkham Motorway, Khyber Pakhtunkhwa Minister for Finance Taimur Saleem Jhagra said.

KPEC is considered to play a pivotal role in boosting trade and maximising regional exports, which is likely to transform the socio-economic status of the entire province. The provincial minister said that the $400 million investment will generate 100,000 jobs for the local populace and improve local connectivity.

“The KPEC links Pakistan, Afghanistan and Central Asia for boosting regional connectivity and trade opportunities,” he remarked.

Similarly, the minister said that with the Torkham-Peshawar Motorway, Pakistan’s North-South connectivity from Karachi and Gwadar to Central Asia will be completed.

“To transform Pakistan, we need to act bold, act fast and dream big. Let’s work hard to transform it,” the minister concluded.