Feasibility Study for Revival of SIDB Closed Units
The Feasibility Study (F/S) for the Revival of SIDB Closed Units is an important initiative led by the Khyber Pakhtunkhwa Small Industries Development Board (SIDB) to revitalize non-operational industrial units. This project aims to reassess, redesign, and reinvest in these units to enhance economic productivity and job creation across the province.
Project Overview
- Project Name: Feasibility Study for Revival of SIDB Closed Units
- Client: KPK Small Industries Development Board (SIDB)
- Project Location: Khyber Pakhtunkhwa (KPK)
- Project Start Date: April 23, 2024
- Current Status: In Progress
- Total Project Cost: 6 million PKR
- Consultancy Budget: 4.9 million PKR
- Project Type: Design, Review & Vetting
- Target Facilities: Carpet Training Centers
- Firm Type: Lead Firm in JV
- Consulting Partner: M/s International Consulting Associates
Scope of Work
The feasibility study involves a comprehensive assessment and strategic revival plan for the SIDB’s closed industrial units. The key activities include:
- Evaluating Existing Infrastructure to determine the current state of the closed units.
- Market Demand Analysis to assess the economic viability of reopening these units.
- Technical & Financial Feasibility Studies to plan for modernization and operational efficiency.
- Designing a Rehabilitation Framework for upgrading Carpet Training Centers and other facilities.
- Policy & Investment Recommendations to attract public and private sector funding.
Project Objectives
- Revive Non-Operational Industrial Units to boost local industries.
- Enhance Skill Development through fully functional Carpet Training Centers.
- Create Employment Opportunities for artisans, skilled labor, and entrepreneurs.
- Promote Traditional Handicrafts by revitalizing the carpet weaving sector.
- Increase Economic Growth by integrating closed units into KPK’s industrial ecosystem.
Key Features of the Project
1. Infrastructure Assessment & Upgradation
- Survey of Existing Units to evaluate structural integrity and operational capacity.
- Renovation & Retrofitting Plans to make units operationally efficient.
- Integration of Modern Machinery for improved productivity and quality.
2. Skill Development & Capacity Building
- Training Programs in Carpet Weaving & Handicrafts to revive traditional industries.
- Advanced Workshops & Certification Courses for skill enhancement.
- Linkages with Market & Industry Players to ensure employment opportunities.
3. Financial Planning & Investment Attraction
- Cost-Benefit Analysis to determine the economic feasibility of unit revival.
- Public-Private Partnership (PPP) Models for sustainable funding.
- Subsidies & Government Support Plans to encourage local businesses.
Project Challenges
The revival of SIDB closed units comes with several challenges:
- Aging Infrastructure: Many units require extensive repairs and modernization.
- Limited Funding & Resources: Securing investment and financial backing is crucial.
- Market Competitiveness: Ensuring revived units can compete with modern industries.
- Skilled Workforce Shortage: Need for trained labor and experts in carpet weaving.
- Regulatory & Bureaucratic Delays: Navigating government approvals and compliance.
Conclusion
The Feasibility Study for the Revival of SIDB Closed Units is a strategic effort to restore KPK’s industrial potential by bringing closed units back into operation. Through careful planning, modernization, and investment strategies, this project will contribute to economic growth, skill development, and employment generation in the region.
