KP extends loan scheme to promote small businesses<\/a><\/p>\n\n\n\nAltaf urged policymakers to pay special attention to the province\u2019s economic realities when designing national trade and industrial policies. He called for a long-term \u201cAasaan Karoobar\u201d policy spanning the next 15 years to promote entrepreneurship, digital trade, and startup development in Khyber Pakhtunkhwa.<\/p>\n\n\n\n
Emphasizing the province\u2019s potential, he said that despite existing obstacles, Khyber Pakhtunkhwa\u2019s proximity to Afghanistan and regional markets provides it with a unique trade advantage. Altaf also encouraged government departments to act as facilitators rather than regulators, helping businesses thrive through consistent support and simplified procedures.<\/p>\n\n\n\n
He added that the \u201cMade in KPK\u201d initiative will serve as a platform to empower local entrepreneurs, create new opportunities for skilled youth, and help curb the ongoing brain drain from the province.<\/p>\n\n\n\n
The session concluded with discussions on trade promotion, investment opportunities, and strategies to integrate Khyber Pakhtunkhwa more effectively into national and regional economic frameworks.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Peshawar: The Sarhad Chamber of Commerce and Industry (SCCI) has announced plans to launch a landmark initiative titled \u201cMade in KPK\u201d aimed at promoting e-commerce, youth entrepreneurship, and startup businesses across Khyber Pakhtunkhwa. SCCI President Junaid Altaf shared details of the initiative while addressing participants of the 31st Specialized Training Program (STP) of various government departments from the Pakistan Institute of Trade and Development (PITAD) at the chamber house. The 10-member PITAD delegation, led by Director Qaddafi Rind, was briefed on the chamber\u2019s efforts to strengthen business activity and support the local economy. During his presentation, Altaf highlighted SCCI\u2019s ongoing role in facilitating trade, protecting business interests, and promoting investment in Khyber Pakhtunkhwa\u2019s diverse economic sectors. He identified the province\u2019s rich natural resources \u2014 including oil, gas, minerals, pharmaceuticals, honey, furniture, and gems and jewellery \u2014 as key strengths that offer vast opportunities for both local and foreign investors. The SCCI president also pointed out several challenges hampering business growth in the province, including high costs of doing business, policy inconsistencies, and logistical disadvantages due to the region\u2019s distance from seaports. He noted that Khyber Pakhtunkhwa\u2019s economy remains heavily dependent on trade with Afghanistan and Central Asian Republics (CARs), underscoring…<\/p>\n","protected":false},"author":18,"featured_media":103592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15153],"tags":[68629,68630,62437,68633,68626,7498,3619,68624,64286,68632,68625,68634,68628,50161,68623,7813,68627,64333,61596],"persona":[],"class_list":{"0":"post-103591","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-trade","8":"tag-aasaan-karoobar-policy","9":"tag-afghanistan-trade","10":"tag-business-facilitation","11":"tag-car-trade","12":"tag-e-commerce-promotion","13":"tag-economic-growth","14":"tag-investment-opportunities","15":"tag-junaid-altaf","16":"tag-khyber-pakhtunkhwa-economy","17":"tag-kp-business-community","18":"tag-made-in-kpk","19":"tag-pakistan-trade-news","20":"tag-pitad","21":"tag-regional-connectivity","22":"tag-sarhad-chamber-of-commerce-and-industry","23":"tag-scci","24":"tag-startups-in-kp","25":"tag-trade-development","26":"tag-youth-entrepreneurship","27":"cat-15153-id"},"acf":[],"yoast_head":"\n
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