Adventure Recreational Theme Resort Moro Palas
Palas valley is the highest and largest forest in Pakistan with unique flora, fauna, meadows and wildlife. Its undisturbed and pristine forests have made it far more beautiful than its neighboring valleys where deforestation and tourism has ruined the natural beauty. It is located in Kohistan district of Khyber Pakhtunkhwa province and is in the vicinity of main CPEC route.
It's the most suitable place for recreational facilities and has great potential to be developed as international tourist spot. This project will open the doors of tourism industry in Kohistan district. The area is full of opportunities for investors in tourism sector.
Under this project it is planned to create a tourist village having all activities compatible to a hill resort with tourist camping facilities, prefab chalets, restaurants, hotels, fishing areas, jeep & bike racing tracks, mountain biking, hiking and tracking etc.
The total investment cost of all facilities to be provided in the recreational theme resort will amount to Rs. 900 million. The expected annual net income will be Pak Rs. 145 million. As such the payback period will be about 6.2 years.
In investment context, the proposed project will offer profitable returns in six years to the investors. All facilities will be a major source of generation of funds. Skilled and semi-skilled labour and construction material is already available in the area. Basic utilities like water and road network is available in the area. The investor can change the scope of work on the prior approval of the provincial government.
The project provides an opportunity for the donor agencies / investors for investment and to recoup the capital investment with profit. It can be executed through BOT or any mean mutually agreed by the provincial government and Investor. The project is open for all the state-owned, state-supported and private entities.
The government of Khyber Pakhtunkhwa will facilitate investors for interaction with relevant agencies and is committed to be partner with investor by providing all the basic infrastructure in execution of the project. It will provide all legal and technical assistance to the investors. The government will provide assurance of money security. Moreover, the investors friendly security situation already prevails in the province.