SEZ Investment Mechanism Simplified for CPEC Investors
Islamabad: According to the most recent reports, the Federal Minister for Planning and Development, Asad Umar, announced on Wednesday, December 29th, that the government has adopted new legislation and streamlined procedures to facilitate foreign investment in Special Economic Zones (SEZs). The strategy will be advantageous for Chinese businesses and all international companies interested in the CPEC.
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The minister spoke during an event held at the Chinese Embassy. During his speech, he emphasized that the federal and provincial governments have partnered to develop a system that simplifies investment procedures and provides investors with the necessary facilities. He noted that the massive CPEC project had entered its second phase of expansion, which stresses the development of agricultural, scientific, and technological enterprises.
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