Chairlift Scheme at Jazz Banda Kumrat
Jazz Banda is a popular spot in Kumrat valley in the Upper Dir District of Khyber-Pakhtunkhwa province. It is one of the scenic valleys of Khyber-Pakhtunkhwa and a picturesque spot for travelers. Jazz Banda has all the natural attractive features such as gushing river, lush green meadows, pristine forests, lakes and snowcapped mountains to attract tourist from all over the country.
The chairlift project at Jazz Banda is planned to be a attractive activity conceived in the ecological context of the area. It would become the ultimate tourist destination and a new vista for the tourists in the country. It will bring together people from various cultures and traditions and will increase harmony and portray a strong positive image of the region.
The project scope will include Chairlift scheme, Administration huts, Restaurants, Hotel, Commercial Area, Food Courts, Camping Pods, Bar. B. Q. Spots, Public Park, Camping Points for Tents, Bicycle Track, First Aid Room, Public Toilets, Tourist Facilitation Center, Parking and Micro Power Generation Unit.
The cost of all facilities of the proposed project will amount to Rs. 1300.00 million. The annual expected income amounts to Rs. 160.00 million. Commercially it has the strength to generate the desired level of revenues and can meet its investment costs in approximately eight years period. The pre-feasibility of the proposed project has already been conducted.
In investment context, the proposed project will offer profitable returns in eight years period and will be a major source of generation of funds. Skilled and semi-skilled labour and construction material is available in the area. The investor can change the scope of work with 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 the 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 partner with investor by providing all basic facilities in execution of the project. It will offer all legal and technical assistance to the investors. The government will provide assurance of money security. Moreover, the investors friendly security situation prevails in the province.