Govt Speeds up Easing of Chinese Investors to Fast SEZs
In Islamabad, Prime Minister Imran Khan presided over a review meeting about foreign investment in the companies being established under the Special Economic Zones being developed under the multibillion-dollar China-Pakistan Economic Corridor project.
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The Ministry of Interior is handling new cases on a regular basis, which has had a favourable effect on the pace of CPEC projects.
A comprehensive briefing on the plan developed by the Board of Investment for the formation of export-oriented enterprises in SEZs. The gathering was briefed on the identification of possible foreign investors in various areas in China, as well as the incentives offered to these firms for direct foreign investment in Pakistan.
The Prime Minister identified the early completion of CPEC as one of the government’s key goals and emphasised that initiatives were being taken to encourage investment in the export industry in the SEZ.
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Exporting industries will create jobs, expand the economy, generate significant foreign cash, and allow access to the “Made in Pakistan” brand on international markets.
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