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.

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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 

" The SEED programme has helped us not just in Khyber Pakhtunkhwa's journey to be a better investment destination; it worked with us on improving the energy and particularly hydropower economy of the province. "

Taimur Khan Jhagra

Former Finance & Health Minister, Pakhtunkhwa

" I think SEED is an organisation that has fit very well in this development and sustainability aspect, and we would like to work with them in the future and rely on their experience and know-how to help us in Pakistan with the ongoing sustainable development projects. "

Abdullah Al-Mutairi

CEO, Enertech Holding

" SEED has joined hands with Atomcamp, a continuous learning platform, to impart digital and business skills to home-based women entrepreneurs in KP. We have also collaborated with the Bank of Khyber to include modules on financial inclusion and financial literacy because this was a core gap that we felt needed to be bridged. "

Wajeeha Amir

Delivery Associate, SEED Programme

" SEED has been very instrumental in structuring and putting this whole deal together (the Green Hydrogen and Sustainable Urban Development Project), and we look forward to working on other deals with them. "

Yasser Malik

Head of Emerging Markets, Enertech Holding