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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

200 characters
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.
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Re=== Nov 21, 2024 12:44am
Total nonsense. First provide securtiy.
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