Monday, September 18, 2017

CPEC SEZs package

https://tribune.com.pk/story/1509389/cpec-sezs-package/

By Letter

Published: September 18, 2017

MULTANRecently, Sindh has refused its monetary contribution for the CPEC Special Economic Zone planned by the federal government for the relocation of ‘sunset industries’ from China to Pakistan, under the Special Incentives Package. The package was chalked out at China’s demand last year in December.

The Sindh government has requested the federal government to review the package without explicitly pointing the reason for refusal. With the relocation of declining industrial units from China to Pakistan, the government seeks to create new job markets.

Assuming that the provincial government has not rejected the proposal in a bid to prolong the already delayed establishment of the plan, the federal government must make the proposal more transparent. They should include details of the sector or industries that will be relocated in Pakistan and further evaluate the feasibility and the prospects the plan offers of creating new jobs in the country.

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Hence, with the federal government clearing out the ambiguity surrounding the plan about the industries to be relocated and the Sindh government revealing its reasons for denunciation of the said proposal, the procedure can be wrapped up without any further delays.

Faizan Ahmed

Published in The Express Tribune, September 18th, 2017

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