The _________ government has signed memorandums of understandings (MoUs) with 44 foreign investment companies Attracts $8 Billion Investment at Dubai International Expo-2020 on January 16, 2022?

A. Punjab

B. Sindh

C. Khyber Pakhtunkhwa

D. Balochistan

Detail: 

The Khyber Pakhtunkhwa government has signed memorandums of understanding (MoUs) with 44 foreign investment companies at Dubai International Expo-2020 that would bring more than $8 billion investment in different sectors. Foreign investors showed great interest to invest in integrated tourism zones, water sports in Hund area of Swabi district, energy and power, food processing, livestock and infrastructure. The investors also included some of the United Arab Emirates-based Pakistanis, said an official statement issued here on Sunday. Under of the MoUs, the Kuwait-based Enertech-Kuwait Investment Authority (KIA) would invest $120 million in installation of hydrogen power plant. The company will produce hydrogen from the water that will be transmitted through containers for producing energy from it. Similarly, KIA signed another MoU worth $2700 million investment in the sustainable development in Khanpur area. In another major development, the Korea Hydro and Nuclear Power Company would invest $1200 million in the Lower Spath Gah project. The company is the subsidiary of Korea Electric Power Corporation.