Meeting of Advisory Committee on Gwadar EPZA constituted by Federal Government to monitor and advice for fast track progress of Gwadar EPZ was held on Friday, at EPZA Head office. The meeting was presided by the Chief Secretary Balochistan Ahmed Bukhsh Lehri. Senior Officers from Ministry of Industries and Production, Government of Pakistan, Government of Balochistan and Federal Board of Revenue attended the meeting.
The following decisions were taken:- (i) It was decided that in Phase-I the 3000 acres of land of Balochistan Industrial Estate will be completed. (ii) In phase-II the development work on 1000 acres of land allotted to EPZA will start simultaneously. It was further added that Government of Balochistan may also like to take up the matter with Federal Government for declaring the whole area of East side of Jinnah Avenue which was earlier declared as 46,000 acres ratified to 121,637 acres as Export Processing Zones. The committee was informed that Government of Balochistan and GDA will provide electricity and water to EPZA, hence the lease rates of land for Gwadar EPZA should slash down to attract investors.-PR