Keeping in view various problems faced by investors in FATA, FATA DA initiated work on the mega project of “Mohmand Industrial Estate (MIE)”. Work on its various components has been expedited and most of them have been completed. MIE is being made functional shortly. It has 295 plots of different sizes. Allotment letters have been issued to various investors. It will not be out of place to mention here that with the strenuous efforts of Governor KPK, MIE has been made part of the CPEC.
The MIE is an industrial estate with tremendous investment and growth opportunities for the entrepreneurs through infrastructure availability. The Industrial Estate is equipped with dedicated infrastructure, regular power & utilities availability within the same vicinity which will substantially reduce the cost of doing business.
It is estimated that in addition to other economic benefits, it will generate more than 18000 direct and indirect jobs in the area where unemployment is rampant. After establishment of MIE, available marble and other minerals can be processed into products.