Kuwait's Investment Firm To Invest $1B in Khyber Pakhtunkhwa

Kuwait's Investment Firm To Invest $1B in Khyber Pakhtunkhwa

Following the $8B MOU signed by Khyber Pakhtunkhwa Government during Dubai Expo 2020, In continuation to that, Letter of Intent were signed between Khyber Pakhtunkhwa Government and Kuwait Investment Firm Enertech Holdings amounting to $1B in the presence of Chief Minister KP, Secretary (Industries,Commerce and Technical Education), CEO Enertech Holding and other respected dignitaries.

The investment is expected to be made in the following projects:

  • Two Green Hydrogen Power Plants that includes 84MW Plant near Mataltan and 69MW Plant near Lavi,.
  • An investment of $250M is expected to be made.
  • Establishment of Satellite Smart City at Khanpur, An investment of $750M is expected to be made.