Pakistan Economic and Industrial Zones update

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The Large Scale Manufacturing Industries (LSMI) production grew by 7 percent during the first three quarters of the current fiscal year (2021-22) as compared to the corresponding period of last year, the Pakistan Bureau of Statistics (PBS) reported.

 

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SSGC plans gas supply to 2 SEZs​

The News
July 27, 2022

ISLAMABAD: The Sui Southern Gas Company (SSGC) is in process of executing at least three strategic projects to supply gas to two special economic zones (SEZs) and an industrial park in their respective areas to boost industrial production, a statement said on Tuesday.

The government has allocated funds amounting to Rs431.45 million in the Public Sector Development Programme (PSDP 2022-23) to advance the three ongoing projects one each in Balochistan, Sindh, and Punjab, official data revealed.

The SSGC is laying a pipeline to supply 10 mmcfd (metric million cubic feet per day) Re-gasified Liquefied Natural Gas (RLNG) to Bostan Special Economic Zone (SEZ) in Balochistan with allocation of Rs100 million for the current fiscal year, and a dedicated line to provide 13 mmcfd RLNG to Bin Qasim Industrial Park, located in Karachi city of Sindh province, with Rs74.71 million funds.

Similarly, the Sui Northern Gas Pipelines Limited (SNGPL) is carrying forward a project to supply 40 mmcfd gas/RLNG to Allama Iqbal Industrial City, a special economic zone in Faisalabad, for which the government has earmarked funds of Rs256.74 million in the PSDP 2022-23.

 

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Pakistan Oxygen to set up plant in Rashakai SEZ​

September 27, 2022



Pakistan Oxygen Limited (POL) has planned to set up a state-of-the-art plant in Rashakai Special Economic Zone of the premier China Pakistan Economic Corridor (CPEC) in Pakistan. Pakistan Oxygen Limited is a public listed company, and a leading supplier of medical and industrial gases in Pakistan with a proud legacy of over 85 years. They have 12 operational plants in Pakistan, and are now expanding their operations in Khyber Pakhtunkhwa.

Pakistan Oxygen Limited (POL) has planned to set up a state-of-the-art plant in Rashakai Special Economic Zone of the premier China Pakistan Economic Corridor (CPEC) in Pakistan, said a press release issued here on Monday.

Pakistan Oxygen Limited is a public listed company, and a leading supplier of medical and industrial gases in Pakistan with a proud legacy of over 85 years. They have 12 operational plants in Pakistan, and are now expanding their operations in Khyber Pakhtunkhwa.

Pakistan Oxygen Limited has planned to invest around USD 15 million in this project, which is expected to be operationalized by the end 2023.

This project will open new avenues for direct and indirect employment and training of local skilled and unskilled resources. In pursuance of same, CEO Pakistan Oxygen Limited, and RSEZDOC (CRBC) has signed Allotment Agreement and Renewable Energy Electric Supply Agreement.—APP

 

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The Frontier Post
KPK Zones ..

The CEO of Khyber Pakhtunkhwa Economic Zones Development & Management Company (KP-EZDMC), has told the media that the setting up of 9 new economic zones in the province within a short time span of two years has turned the dream of industrialization into a reality. He said that currently, five more economic zones including Daraban SEZ, Buner Marble City, Salt & Gypsum City Karak, Mansehra EZ, and Katlang EZ along with one Special Economic Zone (SEZ) are in the pipeline.

The Chief Executive of the company claimed that these initiatives will bring an industrial investment of Rs.338 billion in existing and newly launched economic zones in Khyber Pakhtunkhwa. While these projects will help increase exports, reduce imports, and ultimately strengthen the economy of the province in the long run.

The Khyber Pakhtunkhwa Economic Zones Development & Management Company (KP-EZDMC) is a state-owned business management company that is working to facilitate entrepreneurs, businessmen, and industrialists to establish their industries and promote their businesses in the government-established economic zones. The company offers unprecedented incentives to businessmen including allotment of plots in the Economic Zones, exemption of all taxes on imports of machinery along with a full waiver of all taxes on income from that industrial unit for the next ten fiscal years with other benefits including facilitation in getting a loan from banks and getting registration/ documentation through one window operation in a short time.

In fact, distributing government land to the industrialists and pushing them to establish industrial units is not such a huge task because Pakistani businessmen are used to getting industrial plots, issuing loans from the banks, and later abjuring those loans on the plea of business loss. While several bureaucrats have decorated their careers through flashy schemes but still most of the plots in our industrial zones are vacant or the owners had abandoned their projects before completion.

The nation extends massive incentives to businessmen so the industry provides jobs to the public, increase exports and generate valuable reserve to support the national economy. If our industry could not realize this national dream then all those tall claims are useless. Hence, the true validity of the KP-EZDMC’s endeavors would be evident when those SEZs will operate to their full potential.

 

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Congratulations... Special Economic Zone near Kasur for receiving BOI approval, wishing it achieving objective of creating a cluster for textiles exports & generate a significant amount of employment & foreign reserve, as the first privately owned SEZ with Chinese capital..

 

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Pakistan currently developing five SEZs under CPEC, says SEZA chief​

Recorder Report

LAHORE: S M Naveed, Chairman Special Economic Zones Authority (SEZA) shared during a meeting held on Monday at his office that Pakistan is currently developing five out of nine SEZs nominated under CPEC including Allama Iqbal Industrial City in Faisalabad, Punjab, Dhabeji SEZ in Sindh, Rashakai SEZ in Khyber Pakhtunkhwa and Boston SEZ in Balochistan. Another fast-track SEZ is in Gwadar namely Gwadar Free Zone which is also under progress.

He added that the first phase of Gwadar Free Zone at an area of 60 acre land is already fully functional while the mighty second phase spanning over 2200 acres of land is under construction.

Both Pakistani and the Chinese authorities reviewed progress on Special Economic Zones; they had a common notion that SEZs would help boost economic activity in the country, generate employment opportunities and earn foreign exchange.


S M Naveed, added that numerous Chinese companies’ representatives had visited Pakistan to discuss some outstanding issues and were informed that all issues on way to make these projects a success, would be resolved on priority. Pakistan is interested to relocate the Chinese industries in the CPEC SEZs to benefit from the expertise of the companies.

Textile, information technology, agriculture, science and technology sectors, and mining sectors are the key areas in which Pakistan is keen to bring foreign direct investment in a bid to boost exports and to substitute the country’s imports. The upcoming projects in CPEC would mainly be in these sectors which would act as dual-beneficial tool, cutting down the country’s imports and increasing the exports.

S M Naveed, Chairman SEZs shared that all the notified SEZs together in across the country, account for approximately 10,029.64 acres of industrial land out of which 5,220.62 acres (52%) have been allotted to investors for setting up of industry with planned investments of Rs 633.9 billion, 43.6% of this comprises of FDI component (USD 1.73 billion).

He added that I believe China-Pakistan Economic Corridor is a rare opportunity for Pakistan to boost its economy and overcome deepening economic recession. Since, the country is facing trade deficit, depleting reserves, a declining rupee value and number of other challenges; this initiative can turn things around leading the country to economic stability.

Copyright Business Recorder, 2022

 

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Bannu Economic Zone, ongoing Infrastructure Development (Package-I) of the Zone.

The physical progress of the project is 85% completed and expected to be concluded till March 2023.
The contractual completion of the Project is May 2023.

 

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KPK Governor ingrates two industrial units and visit other projects at Hattar Industrial zone, Haripur, KPK.

 

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Rashakai Special Economic Zone

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https://www.facebook.com/video.php?v=5893454250739032

 

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Ghazi, Distt, Haripur, KPK...

The development works of Ghazi Economic Zone are near completion. The project will complete in January 2023. Scope includes Roads Infrastructure, Water supply system and drainage system.

 

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Planning Ministry sources have told that a 7th economic zone would be built in Islamabad under the China-Pakistan Economic Corridor (CPEC) initiative.

A total of 4500 acres of land near Rawat and 7500 acres near the new Islamabad Airport would be allotted for the construction of the 7th special economic zone under the CPEC. The economic zone would have the capability to produce and store, with the facility to process crude oil.

The allotted land would be given to industrialists and not sold via estate agents, sources said.

 

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Hattar Zone , Huripur, KPK..
road works construction are progressing on fast track and are 70% completed.
The development works are expected to be completed in May 2023.

 

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Dhabeji granted the status of Special Economic Zone​

By Tahir Ali
Jun 29, 2023

ISLAMABAD - To promote the value addition component in exports, generate employment, encourage the import situation, and mobilize foreign exchange for the balance of payments support, Dhabeji Special Economic Zones (DSEZ) in Thatta Sindh is another mega project designed within the framework of China-Pakistan Economic Corridor (CPEC)─ a core component of Belt and Road Initiate (BRI).

In a major development last week, Federal Minister for Board of Investment (BOI) Choudhary Salik Hussain chaired the 8th meeting of the Approvals Committee which approved the establishment of eight SEZs including the DSEZ Thatta.

“Dhabeji Special Economic Zone has been granted SEZ status after much anticipation; DSEZ will pave a new era of industrialization for Karachi and Pakistan; the groundbreaking is to be held in mid-July 2023,” reads an official statement of Sindh Economic Zones Management Company (SEZMC). DSEZ will facilitate the potential investors of China and other countries to either start new enterprises or transfer their facilities to Pakistan.

In 2021, a technical issue emerged regarding the awarding of the contract of Dhabeji Industrial Zone (DIZ) when a petitioner raised questions that the rules of SEZ were not followed during awarding of the contract. SEZMC stated DIZ is not a special economic zone and later will be declared as SEZ. Now, the government has officially declared DIZ as DSEZ.

According to CPEC’s official website, 1530 acres of land have been allocated to establish DSEZ which will be developed in two phases. DSEZ has been proposed to be constructed in two phases comprising 750 acres for Phase I and 780 acres for Phase II.

DSEZ has easy access to Port Qasim, enabling raw material import and finished goods export without incurring major inland transportation costs and saving time. A direct access road (8km) connecting Port Qasim to Dhabeji Zone is being developed.

A dedicated cargo deck connecting the zone with ML-1 from Dhabeji Junction and a jetty connecting Port Qasim alongside the Dhabeji zone from the creek side are envisaged to facilitate export-oriented industries. Karachi Airport (35 Km) via National Highway enables safe travel of foreign workers and management personnel, National Highway enables the transportation of goods to upcountry and Central Asian nations, utilizing the National Trade Corridor.

 

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Security wall of Gwadar Free Zone North 90 % completed​

By Yasir Habib Khan
Jul 4, 2023

GWADAR - The construction of an eight-kilometre-long security wall around the Gwadar Free Zone North (Phase II) is 90 percent completed, a landmark security project to secure the north and south sides of the Gwadar Free Zone North, which covers over 2,221 acres of land.

The 14-foot high security cement wall starts from the Gwadar Fish Harbour and ends at Koh-e-Mehdi, a famous mountain in Gwadar, approximately five kilometres from Gwadar Port.

The wall runs alongside the six-lane Eastbay Expressway. The ground-breaking ceremony for Gwadar Free Zone North Phase (II) was performed by the Prime Minister of Pakistan on July 5, 2021.

In addition to the security wall, Gwadar Free Zone North Phase (II) will be equipped with all necessary services, including telecom cabling, sewerage pipes, power transmission lines, road networks, and potable water supply lines.

The Gwadar Port Authority (GPA) is responsible for providing these services up to the entrance of Gwadar Free Zone North. Inside the premises, China Overseas Port Holding Company (COPHC) will execute the development.

After the completion of the security wall, two under-construction factories, "Agvon" and "Hang Geng," are expected to commence their formal operations. Agvon is building a state-of-the-art Fertilizer Processing Plant on a ten-acre plot. Similarly, Hang Geng is constructing a pharmaceutical factory that will produce medicine from animal skins on its allocated ten acres of land.

Another company, Essatex Industries, has also entered into an agreement and been allocated one acre of land. Additionally, a yet un-named company aspires to secure a 7.5 square kilometres allocation out of the total 9.3 square kilometres of Gwadar Free Zone Phase II.

Other companies that have signed lease agreements in Gwadar Free Zone North (Phase II) include Bari Textile, Addicon (an advanced engineering and construction company), HDL (Interland developer), and Concept Icon. Blue Moon, Trade Universal, and Idrees Steel have also inked agreements.

Gwadar Free Zone Phase II is designed to cater to the unique needs of manufacturing, trading, and service industries.

 

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Security wall of Gwadar Free Zone North 90 % completed​

By Yasir Habib Khan
Jul 4, 2023

GWADAR - The construction of an eight-kilometre-long security wall around the Gwadar Free Zone North (Phase II) is 90 percent completed, a landmark security project to secure the north and south sides of the Gwadar Free Zone North, which covers over 2,221 acres of land.

The 14-foot high security cement wall starts from the Gwadar Fish Harbour and ends at Koh-e-Mehdi, a famous mountain in Gwadar, approximately five kilometres from Gwadar Port.

The wall runs alongside the six-lane Eastbay Expressway. The ground-breaking ceremony for Gwadar Free Zone North Phase (II) was performed by the Prime Minister of Pakistan on July 5, 2021.

In addition to the security wall, Gwadar Free Zone North Phase (II) will be equipped with all necessary services, including telecom cabling, sewerage pipes, power transmission lines, road networks, and potable water supply lines.

The Gwadar Port Authority (GPA) is responsible for providing these services up to the entrance of Gwadar Free Zone North. Inside the premises, China Overseas Port Holding Company (COPHC) will execute the development.

After the completion of the security wall, two under-construction factories, "Agvon" and "Hang Geng," are expected to commence their formal operations. Agvon is building a state-of-the-art Fertilizer Processing Plant on a ten-acre plot. Similarly, Hang Geng is constructing a pharmaceutical factory that will produce medicine from animal skins on its allocated ten acres of land.

Another company, Essatex Industries, has also entered into an agreement and been allocated one acre of land. Additionally, a yet un-named company aspires to secure a 7.5 square kilometres allocation out of the total 9.3 square kilometres of Gwadar Free Zone Phase II.

Other companies that have signed lease agreements in Gwadar Free Zone North (Phase II) include Bari Textile, Addicon (an advanced engineering and construction company), HDL (Interland developer), and Concept Icon. Blue Moon, Trade Universal, and Idrees Steel have also inked agreements.

Gwadar Free Zone Phase II is designed to cater to the unique needs of manufacturing, trading, and service industries.

Pakistan should be safe enough without walls, there should be no security walls.