Establishment of Sports City at Swabi
Swabi is one of the historic districts in the province of Khyber Pakhtunkhwa It lies between Indus and Kabul Rivers. Swabi is located almost at the center point of many districts and also is at the same distance from Peshawar and Islamabad.
The proposed project is aimed at to develop a sports city at the provincial as well as national level that will include sporting facilities for cricket, football and hockey grounds, swimming pools, gymnasium and indoor sports activities alongwith commercial activates such as restaurants, hotels, recreational areas and parking facilities. The tourists can also enjoy staying facility and can enjoy water sports such as; boating, canoeing, water scooters and allied facilities. The proposed site is located near the Swabi Museum where Alexander monument is also standing reminding the past glory of the site.
The investment cost of all facilities for sports city will amount to Rs. 2000.00 million. The annual expected income amounts to Rs. 280.00 million. Commercially it has the strength to generate the desired level of revenues and can meet its investment costs in approximately seven years period. The pre-feasibility of the proposed project has already been conducted.
In investment context, the proposed project will offer profitable returns in seven years to the investors. All facilities provided 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, electricity, telephone and road network are 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 the basic facilities in execution of 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 prevails in the province.