SEED

Support to the Planning & Development Department

SEED supported GoKP to sign MOUs worth USD4 billion with key institutional investors in vital economic areas of growth at Dubai Expo 2020

Urban policy & planning

Overview

As urban centres are considered engines for economic development, development, the Government of KP has set up the UPPU. set up by the provincial government. UPPU is essential to the restructuring of urban governance, which is currently fragmented across several distinct entities at the local and provincial levels. The restructuring requires extensive assessment to ensure that the new reformed governance structure is effective and efficient. And in this regard, the UPPU, modelled on successful international think tanks, will act as the central repository for data, research and evidence-based policy advice on urban planning and development in KP.

KPK Dubai Expo
CRBC-Deck
Green-Hydrogen
Abbottabad IT Park
Priority-Projects-Pipeline-FINAL(B)

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MOUs at Dubai Expo 2020

Progress

SEED direct intervention resulted in signing of 20 Memorandums of Understanding (MOU) with potential investments of approximately USD4 billion in key economic sectors including: 1) Energy & Power; 2) Green Energy; 3) Food Processing; 4) Sustainable Urban Development; 5) Tourism; and 6) Information Technology. MoUs were signed with key international and local investors such as Enertech, a 100% subsidiary of Kuwait Investment Authority (KIA) owned by the Government of Kuwait; and InfraCo Asia which is funded by four international governments.

issuance of letters of intent (LOI)

Follow up

Following the Expo, SEED continued working with GoKP on the MOUs signed, and facilitated the issuance of three Letters of Intent (LOI) to Enertech KIA on projects worth USD 1 billion. An LOI issuance ceremony was held at the CM House KP graced by Mr. Mehmmod Khan, CM KP, as chief guest. GoKP, with SEED support, is also in advanced stages for the issuance of LOI to InfraCo Asia on Solarization of SEZs, which is expected to bring in investments of approx. USD 55 million.

Letters of Intent (LOI) worth USD1 billion issued for Green Hydrogen plants and Khanpur Sustainable Urban Development 

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Ikramullah Khan

Additional Chief Secretary

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Dr. Muhammad Bakhtiar Khan

Secretary Tourism

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Naeem Khan

DGPDA

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Shahid Zaman

Secretary CCFEWD

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Tariq Sadozai

SACM Energy