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21 January, 2019

Islamabad to have Special Economic Zones

Property News

The business network has encouraged the administration to speed up work on the groundbreaking of a special economic zone (SEZ) in Islamabad– a news source announced.

Islamabad Chamber of Commerce and Industry (ICCI) President Ahmed Hassan Moughal said that SEZs will help mechanical and venture exercises in the locale

He said that three SEZs: Rashakai in Khyber Pakhtunkhwa, Dhabeji in Sindh, and M-3, will be prepared for notable by June. Be that as it may, the earth-shattering in Islamabad may confront delays as the legislature still can't seem to procure arrive for this period of the task.

The ICCI president requested the administration to pursue the set course of events. He said that China had offered to build up more than 100 SEZs in Pakistan. These financial zones will be set up under the China-Pakistan Economic Corridor (CPEC) venture. Up until this point, nine SEZs have been endorsed.

Additionally, the chamber called for canceling obligation on imported mechanical apparatus in the forthcoming smaller than expected spending plan.


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