MoU Signing Ceremony between Khyber Pass Economic Corridor and KPEZDMC for the Establishment of Inclusive Business Development Park (IBDP)

 

A memorandum of understanding (MoU) was signed between Khyber Pass Economic Corridor (KPEC) SDU, P&D Department and Khyber Pakhtunkhwa Economic Zones Development & Management Company (KPEZDMC), IC&TE GoKP for the establishment of Inclusive Business Development Park (IBDP).

The primary goal of the activity is to foster Small and Medium Enterprises under a single roof for the holistic economic development of the region. This initiative will provide an equal platform for male, female, persons with disabilities, and transgenders to establish their businesses and strengthen their networks across the region as well as explore new business opportunities and avenues. IBDP is the first step for mainstreaming the marginalized businesses and facilitate them to become a part of the Inclusive Economy. In the first phase an interim setup of IBDP will be established through the mutual collaboration of KPEC and KPEZDMC and will last for 24 months.

The MoU Signing Ceremony took place in KPEZDMC Head office Peshawar and was graced by Minister of IC&TE GoKP, Secretary IC&TE GoKP, Project Director Khyber Pass Economic Corridor and Chief Executive Officer KPEZDMC.

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