Economic activity in Pakistan to boost as three new SEZs are being established in Islamabad, Punjab and Sindh
The new SEZs are going to be developed in Islamabad, Punjab, and Sindh.
The 6th meeting of the Board of Approvals for Special Economic Zones, chaired by Prime Minister Imran Khan, was held on Wednesday. In the meeting, the government approved the establishment of three new Special Economic Zones (SEZs) to boost investment and economic activities in the country.
The new SEZs are going to be developed in Islamabad, Punjab, and Sindh. These include the National Science and Technology Park in Islamabad; China-Pakistan SEZ in Raiwind, Punjab; and Dhabeji SEZ in Sindh. After the development of these, the total number of SEZs will rise to 20.
During the meeting, the PM directed:
The foremost priority of the concerned departments should be the provision of utilities such as gas and electricity in the SEZs.
It should be noted that earlier on the 14th of September, PM Imran Khan said:
Rashakai SEZ will play an essential role in the progress and development of Khyber Pakhtunkhwa (KPK).
The premier addressed the ceremony of the Rashakai SEZ development agreement between Pakistan and Chinese companies in Islamabad and said:
The completion of this project will promote ease of doing business in the country and facilitate local and foreign investors. Moreover, the development of The Rashakai SEZ will help boost industrialization and create job opportunities in the country.
What are your thoughts on this? Please share with us in the comment section below.