BR100 Decreased By (-0.98%)
BR30 Decreased By (-0.58%)
KSE100 Decreased By (-0.97%)
KSE30 Decreased By (-1.07%)
AGHA 7.70 Decreased By ▼ -0.11 (-1.41%)
BECO 5.13 Decreased By ▼ -0.08 (-1.54%)
BML 56.67 Decreased By ▼ -0.83 (-1.44%)
BOP 33.75 Decreased By ▼ -0.28 (-0.82%)
CNERGY 9.88 Decreased By ▼ -0.08 (-0.8%)
CSIL 5.29 Decreased By ▼ -0.02 (-0.38%)
FCCL 53.09 Decreased By ▼ -1.61 (-2.94%)
FFL 16.52 Decreased By ▼ -0.17 (-1.02%)
FNEL 1.21 Decreased By ▼ -0.02 (-1.63%)
KEL 7.22 Decreased By ▼ -0.18 (-2.43%)
KOSM 5.72 Decreased By ▼ -0.05 (-0.87%)
LOTCHEM 29.31 Decreased By ▼ -0.01 (-0.03%)
MLCF 92.16 Decreased By ▼ -2.20 (-2.33%)
NBP 201.61 Decreased By ▼ -1.44 (-0.71%)
NCPL 56.45 Decreased By ▼ -0.55 (-0.96%)
NPL 66.57 Decreased By ▼ -1.13 (-1.67%)
OGDC 316.29 Increased By ▲ 0.45 (0.14%)
PACE 10.48 Decreased By ▼ -0.16 (-1.5%)
PAEL 42.04 Decreased By ▼ -1.16 (-2.69%)
PIBTL 16.41 Decreased By ▼ -0.33 (-1.97%)
PPL 216.84 Decreased By ▼ -2.94 (-1.34%)
PRL 50.86 Increased By ▲ 1.67 (3.39%)
PTC 69.86 Decreased By ▼ -0.67 (-0.95%)
SSGC 26.98 Decreased By ▼ -1.27 (-4.5%)
TBL 9.73 Decreased By ▼ -0.13 (-1.32%)
TELE 8.65 Decreased By ▼ -0.14 (-1.59%)
TPL 17.90 Decreased By ▼ -0.34 (-1.86%)
TPLP 13.39 Increased By ▲ 0.12 (0.9%)
TREET 22.56 Decreased By ▼ -0.16 (-0.7%)
TRG 59.26 Decreased By ▼ -0.88 (-1.46%)

Planning minister Ahsan Iqbal on Wednesday directed the officials concerned to identify suitable sites for the establishment of Model Special Economic Zones (SEZs) for the relocation of Chinese industries to Pakistan, an official statement read.

Senior officials and representatives from relevant institutions, including the Board of Investment (BOI), attended the meeting chaired by the planning minister to review the progress, the Ministry of Planning, Development & Special Initiatives said in the statement.

PM Shehbaz approves joint venture to transfer Chinese industries to Pakistan

The BOI presented a comprehensive briefing, outlining potential sites and associated policy requirements for SEZs, it added.

In his remarks, Ahsan Iqbal stressed the urgency of enhancing government-to-government (G2G) collaboration with China, highlighting Pakistan’s commitment to providing land for Chinese industries.

He explained that infrastructure development, market access, and zone management would be undertaken by Chinese companies, ensuring efficiency and sustainability.

The minister underscored the importance of establishing a one-window facility to streamline processes for investors, ensuring their ease and convenience.

Transfer of Chinese industries to Pakistan: Comprehensive roadmap presented to PM

He warned against any delays in equipping these zones with essential infrastructure and services, stating that negligence in this regard would not be tolerated, the statement read.

Ahsan Iqbal emphasised proactive engagement with Chinese companies, mandating monthly review meetings to address their concerns and expedite progress.

He also reassured participants of the government’s commitment to the security of Chinese nationals working in Pakistan.

“We will not allow any entity to disrupt the strong bond of Pak-China friendship or hinder our mutual development goals,” he affirmed.

The meeting concluded with directives to fast-track actionable plans, reinforcing the government’s vision of leveraging SEZs as catalysts for economic growth and industrial development in Pakistan.

Comments

Comments are closed for this article.

Jk Nov 20, 2024 10:17pm
They have been talking about this for years and now he orders to identify locations. How pathetic and lazy. Probably wants Chinese to find locations for them too.
0
Re=== Nov 21, 2024 12:44am
Total nonsense. First provide securtiy.
0