• Friday, May 29, 2020

Special Economic Zones (SEZs)

Discussion in 'Infrastructure & Development' started by ghazi52, Sep 15, 2019.

  1. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    Special Economic Zones (SEZs) would help country enhance export by $1 billion to $ 1.5 billion per annum in the short-run by ensuring effective and comprehensive planning

    "Investors from China, Turkey, Korea, and #Britain have pumped $1.10 billion in SEZs, while more and more investors from these countries are eyeing to invest in Pakistan," said Mian Kashif, chief Faisalabad Industrial Estate Development and Management Company (#FIEDMC), in a meeting with officials from #Lahore Chamber of Commerce and Industry (LCCI).

    Kashif said these investors expressed their eagerness to explore the possibility of investment in diverse sectors of Pakistan especially in ceramics, chemicals, steel, food processing and automobiles.

    He said FIEDMC, which was a successful example of public-private partnership and first-ever state of the art SEZ, would ultimately prove to be an economic engine of country through China-Pakistan Economic Corridor initiatives (CPEC)
     
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  2. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    [​IMG]
     
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  3. Samlee

    Samlee SENIOR MEMBER

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    Great:enjoy:
     
  4. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    Sunset in Industrial Estate Hattar, KP..


    [​IMG]
     
  5. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    [​IMG]
     
  6. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    PM directs for provision of utilities to Special Economic Zones

    September 17, 2019

    [​IMG]


    Prime Minister Imran Khan has directed to fast-track provision of utilities to Special Economic Zones for facilitation of potential investors in investments and establishment of industries.

    He was chairing a high level meeting in Islamabad on Tuesday to review progress on incentives being offered for attracting investments in the industrial sector and relocating units to Pakistan.

    The Prime Minister said basic utilities like electricity, gas and road access should be provided to SEZs on priority basis.

    He directed Finance, Planning and Commerce Divisions and the Board of Investment to peruse successful investment models of regional countries so as to offer best facilities and incentives to the investors.

    Imran Khan underlined that Pakistan is now on the right track of economic growth and in order to attract investments, the Government will provide incentives to potential investors along with ease of doing business.

    The meeting was briefed that SEZs in Pakistan have great potential for attracting investments particularly the Chinese companies.

    It was also apprised that China has evinced keen interest in various Pakistani products which will improve trade balance between the two countries.

    The meeting was informed that CPEC remains the top-most priority of the Government and infrastructure development, energy and communication sectors have been earmarked for attracting investments.

    It was apprised that Chinese and Russian companies have shown interest in the revival of Pakistan Steel Mills and their offers are being evaluated. NNR/Mustafa.
     
  7. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    New Special Economic Zone or M-3 industrial city near Faisalabad. At nearly 4 miles along M-4 motorway.


    [​IMG]


    Close up.

    [​IMG]
     
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  8. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    Japanese, Korean firms interested in Dhabeji SEZ near Karachi

    Date for submission of bids has been extended to April 20 due to high demand

    Japanese and Korean companies have jumped into the race of developing industrial zones in Pakistan alongside Chinese firms ahead of the expected relocation of some Beijing industries in the country.

    As many as 30 national and internationally reputed companies have shown keen interest to develop Dhabeji Special Economic Zone (SEZ), which is a project of the China-Pakistan Economic Corridor (CPEC) near Karachi at Dhabeji, said Sindh Special Economic Zones Management Company (SEZMC) Chief Executive Officer Abdul Azeem Uqaili
     
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  9. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    An Ameican Biomedical Engineering Company will build Pakistan's first Biomedical Engineering research center & manufacturing Unit in Allama Iqbal Industrial City Faisalabad

    This will not only create more jobs but also transfer Research & Development expertise.

    [​IMG]
     
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  10. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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  11. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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  12. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    QUETTA: The Balochistan Special Economic Zones Authority (BSEZA) in its meeting held on Monday reviewed the plan of establishing of 13 border markets at Pak-Iran and Afghan national boundaries and agreed to provide infrastructure including communication, water and power and other facilities with the cooperation of federal government.

    The meeting, presided over by Chief Minister Jam Kamal Khan, approved the the agenda of the authority with some amendments after discussing in detail, which was presented by Secretary Industry and Trade, Ghulam Ali Baloch. A grant in-add of Rs40.7 million was also approved for the BSEZA and allowed to establish Balochistan Economic Zones and Industrial Estate Development and Management Company.

    Rules and regulation, establishing technical section, vacancies of c-suite executives for the authority have also been approved. The meeting also okayed the building laws of Gadani, Hub and Bostan Special Economic Zones.

    The meeting, while agreeing with the lease and allotment policy in the SEZ of Hub and Bostan, directed to ensure provision of basic infrastructure, including water, electricity, gas and other facilities.


    The bylaws of economic zones were also approved and meeting was informed that the process of registration of BSEZA in the Securities and Exchange Commission of Pakistan would be completed soon. The concerned authorities informed that in the industrial zone of Quetta, located at the eastern bypass, 70 units were functional and PC-1 has prepared to provide more facilities there.

    The chief minister said that with the approval of investment policy at provincial level, the confidence of the industrialists would be restored.

    He added that Balochistan is rich in natural resources, which are not utilised due to incompetency. “We have to take hard decisions if we claim good governance,” said Kamal.

    He said the port facility is also available with the SEZs of Hub and Gadani, which will boost industrialisation there and increase the revenue of Balochistan.
     
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  13. ghazi52

    ghazi52 PDF THINK TANK: ANALYST

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    Rashkai Special Economic Zone of China Pakistan Economic Corridor would finally be inaugurated in May or early June by Chinese President Xi Jinping, who is planning a visit to Pakistan by mid of this year.
    “Since a successful contract between the Economic Zones Development and Management Company and the state-owned China Road and Bridge Corporation (CRBC) has been signed to develop the Rashkai Special Economic Zone (RSEZ), the work on the first SEZ under CPEC will start in a month,”
    the government would ensure availability of utility services along with the infrastructure at the SEZ in Khyber Pakhtunkhwa within next one month while practical work on the first phase of the zone would be started by the mid of this year.

    “We are committed to providing over 60 MW to the zone in one year,” he said, adding that the Punjab government was also doing good job on development of M3 SEZ in Faisalabad.
    the three priority zones, Dhabeji SEZ would be the best zone because of its location.

    As per the plan, Rashakai SEZ, located in Nowshera district, will be spread over 778 acres of land and will be developed in three phases over six years.

    It was earlier planned to be inaugurated in November 2019 but delayed for the absence of utility services and contract with the Chinese developer.
     
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