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Chinese experts will visit Pakistan to review suitability of PEZs

Updated May 18, 2017

The Board of Investment (BOI) on Thursday said that a delegation of Chinese experts would be visiting Pakistan in June to review the suitability of Prioritised Economic Zones (PEZs) in Sindh and Khyber Pakhtunkhwa.

The delegation of Chinese experts headed by the deputy head of mission of Chinese embassy will evaluate Rashakai Nowshera and Dhabeji PEZs, said BOI Spokesman Shahjahan Shah.

The spokesman said the government is committed to providing ease of doing business for foreign investors and also global competitiveness for Multinational Companies (MNCs).

Shah said that seven SEZs cells had been approved for facilitating the investors through one window operation to provide them facility at one place.

The spokesman said that SEZs investors would get the facility for plant and machinery import without customs duty in all four provinces of the country. Three each SEZs would be established in Punjab and Sindh and one in Khyber Pakhtunkhwa, he added.

He further said that nine more industrial zones had been approved for high-tech industry to enhance the exports and to provide employment opportunities 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.