Skip to main content

Govt to set up 46 SEZs along CPEC route

https://tribune.com.pk/story/1461888/govt-set-46-sezs-along-cpec-route/


By Our Correspondent

Published: July 20, 2017


PHOTO: REUTERS

KARACHIIn a recent chain of events, the Board of Investment (BoI) announced that the government was planning to establish 46 Special Economic Zones (SEZs) along the China-Pakistan Economic Corridor (CPEC) route in the long run, stated a press release.

During the Pak-China Joint Cooperation Committee meeting held in Beijing, nine out of the 46 zones have been declared priority projects. Chinese companies are simultaneously working on numerous projects relating to infrastructure, energy and railways under CPEC.

ECC allows sugar export, but defers decisions on CPEC and circular debt

ADVERTISEMENT

Ad

All Pakistan Business Forum (APBF) President Ibrahim Qureshi highlighted that the products to be manufactured in the economic zones would not only be exported, but could also be sold in the local market. This will make the zones ideal for investors as Pakistan has a market of more than 200 million people.

“Chinese companies have enormous opportunities to relocate their businesses to these priority SEZs,” said Qureshi.

He pointed out that every zone had special benefits for the investors in terms of skilled workforce, location, raw material and linkages with other parts inside and outside of the country.

“China is extremely talented in developing zones, especially from 1985 to 1995 and from 2009 to 2015, and Pakistan can learn much from the Chinese,” he added.

Chairing a meeting to review the development of SEZs under CPEC, Federal Minister for Planning, Developing and Reform Ahsan Iqbal said provinces should make presentations regarding SEZs more elaborative so they could attract more investment.

SMEDA launches CPEC awareness campaign

Provinces are finalising their SEZ plans prior to the visit of Chinese experts, which is due this month.

Published in The Express Tribune, July 20th, 2017

Comments

Popular posts from this blog

Balochistan Advocacy : Japan-Baloch alliance

Muneer Mengal in Japan.

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

5 Shia Hazara community members gunned down in Pakistan

http://m.hindustantimes.com/world-news/5-shia-hazara-community-members-gunned-down-in-pakistan/story-CHWR4lYByRHzf2KjHjMloI.html



Five members of the minority Shia Hazara community, including two women, were killed on Sunday in an attack by unidentified gunmen in Pakistan’s restive Balochistan province.This is not the first time that members of the Hazara community have been targeted in Quetta and other parts of Balochistan.(Reuters File Photo)Updated: Sep 11, 2017 00:20 ISTBy Press Trust of India, Press Trust of India, KarachiFive members of the minority Shia Hazara community, including two women, were killed on Sunday in an attack by unidentified gunmen in Pakistan’s restive Balochistan province.The gunmen targeted a car in Kuchluck area of Quetta while it was coming from the Chaman border crossing area, police said.The firing took place when the travellers had stopped at a filling station to refuel their vehicle. Five people of the Shia Hazara community, including two women, died in …