Peshawar: The Small Industries Development Board (SIDB) has informed industrial estate allottees that if they do not pay their debts by November 15, they would face legal action.
According to a statement published here on Tuesday, all industrial estate officers have been mandated to issue letters to all defaulters within three days to ensure that arrears are recovered within the prescribed time.
The lawsuit against the defaulters, it stated, was intended at resettling the estates. SIDB was attempting to offer essential utilities such as water, power, gas, and drinking water in the industrial estates, according to the statement.
According to the report, SIDB managing director Syed Zafar Ali Shah asked officials to take emergency action to develop KP Small Industrial Estate Peshawar 2. He added the small industrial zone, which would be 14 kilometres from the existing industrial zone on the major Indus Highway, will feature food and beverage manufacturing, printing, armaments, and plastic manufacturing units.
Mr Shah predicted that billions of rupees will be invested in the industrial zone, which would also result in the creation of thousands of employments. He stated that the sanitary system in all of the province’s industrial zones should be enhanced.