PESHAWAR: The Khyber Pass Economic Corridor (KPEC) project began to be implemented at a cost of $460 million in collaboration with the World Bank(WB).
The project includes the establishment of a 4 -way expressway and industrial zone from Peshawar to Torkham border. The Khyber Pass Economic Corridor, which connects the entire region through communication transit, is a joint venture of the federal and provincial government.
The Khyber Pass Economic Corridor project was designed in 2024 and its construction work has begun. The World Financial Organization for the plan has approved a $460 million loan.
The project consists of two parts. The first is the construction of the communication system, the roads, while the second part includes industrial zones and its sub -development projects.
$385 million has been allocated for the construction of roads, while $75 million has been allocated for the establishment of an industrial zone.
Deputy Commissioner of Khyber District Bilal Shahid Rao said that a 47 km long four -way expressway is being constructed from Peshawar to Torkham border while the construction of the 55 km long Peshawar Southern Bypass is also part of the project.
The deputy commissioner added that the expressway will be linked to Peshawar Southern Bypass and GT Road.
The second part of the Khyber Pass Economic Corridor project is the establishment of an industrial zone. For which land has been allocated in Jamrud Shaks and Bara and the establishment of an industrial zone is the responsibility of the provincial government and $75 million has been allocated for this.
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