• Wednesday, October 23, 2019

Special Economic Zones (SEZs)

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

  1. ghazi52

    ghazi52 ELITE MEMBER

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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 ELITE MEMBER

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    [​IMG]
     
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  3. Samlee

    Samlee SENIOR MEMBER

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    Great:enjoy:
     
  4. ghazi52

    ghazi52 ELITE MEMBER

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    Sunset in Industrial Estate Hattar, KP..


    [​IMG]
     
  5. ghazi52

    ghazi52 ELITE MEMBER

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    [​IMG]
     
  6. ghazi52

    ghazi52 ELITE MEMBER

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    PM directs for provision of utilities to Special Economic Zones

    September 17, 2019

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    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 ELITE MEMBER

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


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    Close up.

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