Three new Special Economic Zones approved

Published October 8, 2020
Prime Minister Imran Khan chairs the sixth meeting of Board of Approvals for Special Economic Zones on Wednesday. — APP
Prime Minister Imran Khan chairs the sixth meeting of Board of Approvals for Special Economic Zones on Wednesday. — APP

ISLAMABAD: A meeting of the Board of Approvals (BOA) for Special Economic Zones (SEZs) on Wednesday formally approved three new SEZs, taking the total number of such areas in the country to 20.

The meeting was presided over by Prime Minister Imran Khan. According to an official announcement of the PM Office, the new SEZs were National Science & Technology Park, Islamabad, JW-SEZ China-Pakistan SEZ Raiwind in Punjab, and Dhabeji SEZ in Sindh.

This was the sixth meeting of the board which was attended by all the chief ministers through video link.

The meeting was also attended by Minister for Industries and Production Hammad Azhar, Adviser on Commerce Abdul Razak Dawood, Adviser on Finance Dr Abdul Hafeez Shaikh, Chairman of Board of Investment Atif Bokhari and other federal and provincial officials concerned. The meeting was informed about various incentives available for developers, co-developers and zone enterprises in SEZs.

It was decided that further consultations on SEZ Zone Enterprise Admission and Sale of Plot Regulations, 2020, would be completed within a month and proposals would be presented at the next meeting.

The meeting also approved a proposal regarding selection of two members from the private sector for inclusion in the Approvals Committee and appointment of two members from the private sector to be included in the composition of the Board of Directors of the SEZ authorities.

The prime minister directed officials concerned that provision of utilities such as gas, electricity in SEZs should be given top priority.

He also directed that a report indicating availability of required facilities at existing SEZs be furnished.

Speaking at a ceremony held to inaugurate Rashakai Economic Zone last month, Mr Khan had claimed that the country had entered the industrialisation phase and China-Pakistan Economic Corridor (CPEC) would help boost the industrial sector.

Published in Dawn, October 8th, 2020



23 May, 2022

Defection rulings

By setting aside the existing law to prescribe their own solutions, the institutions haven't really solved the crisis at hand.
23 May, 2022

Spirit of the law

WOMEN’S right to inheritance is often galling for their male relatives in our patriarchal society. However, with...
23 May, 2022

Blaming others

BLAMING the nebulous ‘foreign hand’ for creating trouble within our borders is an age-old method used by the...
Updated 22 May, 2022

Back in the game?

WITH the new government struggling to make crucial decisions independently, Pakistan’s ‘parallel governance...
22 May, 2022

Currency concerns

IN the midst of the power struggle in the country, the rupee slid past 200 to a dollar in the interbank market last...
Updated 22 May, 2022

Shireen Mazari’s arrest

Abuse of power can never be condoned, regardless of who it targets or from where it emanates.