Over 300 industrial units wind up in K-P

PESHAWAR: As the Khyber-Pakhtunkhwa government focuses its attention on establishing and developing new industrial estates in the province, the existing industries have been struggling to stay afloat.

According to calculations by of the K-P Industries Directorate, as many as 327 industrial units in the province have completely wound up their business and equipment over the past few years while 362 others have shuttered their setup.

The data, which had been shared by the K-P Industries department with the K-P assembly recently, the province has a total 2,982 registered industrial units of which 2,293 are currently running while the remaining are classified as non-functional.

In Peshawar alone, of the 854 registered industrial units, 751 are functional while 31 have wound up and 72 have closed.

Similarly, in Swabi only 163 units are running while 132 have shut down while 85 have been wound up. In Abbottabad, 13 units have closed down while 63 have wound up. In Haripur, 169 units are running out of 231, while, in Nowshera, 190 are running out of 224.

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