Three Special Economic Zones become operational in Pakistan, six more to follow within months

[Shahzaz ud din]

Three Special Economic Zones become operational in Pakistan, six more to follow within months

ISLAMABAD - The Board of Investment (BOI) said three Special Economic Zones (SEZs) have become operational in the country and started production while remaining six zones would be rationalized by June, 2019.

Special Economic Zones in Faisalabad, Haripur (Hattar) and Karachi sold their land and operational for production for last three months, a senior official of BOI told APP here.

He said National Industrial Parks (NIP) a development and a management company would develop the planned Special Economic Zone (SEZ) in Islamabad.

“We require around 50 acre land to develop Special Economic Zones (SEZ) in the federal capital for providing equal opportunity and facilities to foreign and local investors,” he said.

He suggested Pakistani investors should go for joint venture with foreign investors to learn the international best managerial skills and technology.

He said that SEZs would lead to create employment opportunities and development in the area.

The government has identified 46 economic Special and Prioritize zones across the country in different regions including seven approved Prioritize zones, he added.

He said, “We are committed to facilitate the foreign investors in SEZs.” The SEZs investors would get the facility for plant and machinery import without customs duty throughout the country.

Three each SEZs would be established in Punjab, Sindh and one in Khyber Pakhtunkhwa, he added. Replying to a question, he said that nine more Prioritized Special Economic Zones (PSEZs) would also be established in Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Northern Areas and Federally Administered Tribal Areas.

The official said that nine prioritized industrial zone have been proposed for high tech industry meant to enhance the export and employment opportunities to the people in the country.

He said the SEZ Cell had been furnished on the contemporary corporate style and would be equipped with state-of-art facilities. - APP

 

[Chakar The Great]

Long way to go. This needs to speed up.

 

[Samlee]

Khan Is Fortunate That He Is Taking Charge At A Time When CPEC Has Started To Bear It's Fruits.He and Asad Umar Just Need To Manage It Properly.

 

[The Accountant]

Three Special Economic Zones become operational in Pakistan, six more to follow within months

ISLAMABAD - The Board of Investment (BOI) said three Special Economic Zones (SEZs) have become operational in the country and started production while remaining six zones would be rationalized by June, 2019.

Special Economic Zones in Faisalabad, Haripur (Hattar) and Karachi sold their land and operational for production for last three months, a senior official of BOI told APP here.

He said National Industrial Parks (NIP) a development and a management company would develop the planned Special Economic Zone (SEZ) in Islamabad.

“We require around 50 acre land to develop Special Economic Zones (SEZ) in the federal capital for providing equal opportunity and facilities to foreign and local investors,” he said.

He suggested Pakistani investors should go for joint venture with foreign investors to learn the international best managerial skills and technology.

He said that SEZs would lead to create employment opportunities and development in the area.

The government has identified 46 economic Special and Prioritize zones across the country in different regions including seven approved Prioritize zones, he added.

He said, “We are committed to facilitate the foreign investors in SEZs.” The SEZs investors would get the facility for plant and machinery import without customs duty throughout the country.

Three each SEZs would be established in Punjab, Sindh and one in Khyber Pakhtunkhwa, he added. Replying to a question, he said that nine more Prioritized Special Economic Zones (PSEZs) would also be established in Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Northern Areas and Federally Administered Tribal Areas.

The official said that nine prioritized industrial zone have been proposed for high tech industry meant to enhance the export and employment opportunities to the people in the country.

He said the SEZ Cell had been furnished on the contemporary corporate style and would be equipped with state-of-art facilities. - APP

Lie ,,, NIP Karachi is not operational , just 1 factory is operational and rest of the area is a barren land

 

[AZADPAKISTAN2009]

Real Economic revival starts with Karachi-Gawadar , Bullet Train and Revival of Economic Zones in Karachi/Gawadar of course some similar development for Peshawar/Lahore areas

However all the infrastructure already exists in Karachi , but it is

a) Either too old
b) Under developed
c) Has lack of electricity

So if you were realistically trying to give Economy CPR , or electric shock , Reviving Karachi's stalled Industries should be priority and same with Faisalabad's stalled industry

 

[FuturePAF]

Real Economic revival starts with Karachi-Gawadar , Bullet Train and Revival of Economic Zones in Karachi/Gawadar of course some similar development for Peshawar/Lahore areas

However all the infrastructure already exists in Karachi , but it is

a) Either too old
b) Under developed
c) Has lack of electricity

So if you were realistically trying to give Economy CPR , or electric shock , Reviving Karachi's stalled Industries should be priority and same with Faisalabad's stalled industry

A through Audit of the state owned enterprises and their business practices when they are placed in the "wealth fund" described by Asad Umar will own up their full set of weaknesses. Reforming them and opening them up to investment for development will dictate what exact projects these companies should under take. For example, If PIA can no longer sustain certain routes, it should auction off the rights to other airlines for funds to pay for its profitable routes. Then it will operate the right mix of aircraft to fly, and can work on regional integration that may be better suited for it.

 

[AZADPAKISTAN2009]

For PIA solution is simple back in 80's and 90's PIA had plane shortages so PMLN came up with idea of selling PIA routes to other carriers and allowing them to operate openly in Pakistan.

Later Europe imposed a ban in PIA to fly over their region , because the planes did not have necessary entertainment systems. So just because the plane did not had TV they shut down PIA service for few years

Later planes were ordered in Musharaf time by that time damage was already done to PIA reputation. Those planes ordered in Musharaf's time eventually came in Zardari or Nawaz's time

A third attack was done on PIA by forcing PIA passengers to disembark in Europe instead of flying directly to Lucarative routes in USA this caused passengers to just fly with a different carrier

So in order to return PIA To profit , all external airlines should be blocked
(Emirates , Qatar Airways , Saudi Airways , Egypt Airways (Ettihad) etc)

So PIA handles 100% of Pakistani traveler traffic

Further hindrance to PIA has been abusive treatment of PIA passengers by Foreign country customs , who cause more delays to PIA travelers with scrutiny after they land on foreign lands. Diplomatic pressure was not applied by Pakistan on these foreign countries to allow safe respectable treatment of Pakistani Passengers on international ports

 

[Adam WANG SHANGHAI MEGA]

FOcus and focus and focus,please make sura t least one SEZ would be very successful to show the rest of the world and Pakistan other regions as well.