Industrial Zones and special export processing zones in different parts of Pakistan would now be converted into Special Economic Zones (SEZs) which would be enclaves for sector specific economic activities, according to a proposal made in a government pap
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Posted on: Tuesday, September 02, 2008 ; 05:28 IST
The Pakistan government is framing a policy for the development of special economic zones (SEZs) and will also give equal preference and benefits to the Reconstruction Opportunity Zones (ROZs) as provided to SEZs.
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Pakistan’s Export Processing Zone Authority (EPZA) will soon set up seven more export processing zones (EPZs) in the country as well as in the Pakistan- controlled areas of Kashmir.
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Pakistan Businessmen and Intellectual Forum has asked the government to go in for developing more industrial zones in Sindh province and wanted the government to allocate more lands at concessional rates to give further fillip to industrialization process
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The government of Sindh province proposed to set up two industrial zones in the interior regions in order to attract foreign investments. The two proposed zones would be tax free zones.
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Plans were being chalked out for utilizing the Rs1billion grant given by the government of Pakistan’s Sindh province to develop proper infrastructure at four industrial zones.
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With a view to develop a proposed Phosphatic Fertilizer Complex that is likely cost between US$1 to 1.5billion, Engro Pakistan Limited and Ferphos are likely to form a joint venture company.
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RPTL signs power pact with western region power utilities
Reliance Power Transmission (RPTL), subsidiary of Reliance Infrastructure, India’s largest private sector enterprise in power utility, has signed power transmission agreement with eight entities from western India for two inter-state power transmission projects.
RPTL signed the agreement through its two Special Purpose Vehicles (SPVs) for the projects under the Western Region System Strengthening Scheme-II (WRSSS-II), entailing an investment of INR18 billion, for establishing 400 KV double circuit transmission lines of around 1,500 kms, mainly in Maharashtra Continue
