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economic zones

Asad Umar chairs ECC meeting, to discuss Economic Zones

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) began on Monday with Finance Minister Asad Umar in chair, ARY News reported. The cabinet committee will discuss a two-point agenda in its session today. The ECC will be given a briefing on the Economic Zones. The participants will also discuss the ways to provide job opportunities to the workers in overseas and a strategy for better wages in the meeting. The committee will also review the economic statistics and other issues related with the…

Finance minister reviews progress on economic zones

ISLAMABAD: Finance Minister Asad Umar chaired a meeting in Islamabad on Monday to review the work progress on different economic zones in the country. Planning Minister Makhdoom Khusro Bakhtyar was also present on the occasion. The meeting decided that the Planning Ministry will ensure necessary infrastructure arrangements for the zones which aimed to promote economic activities throughout the country. During a visit to China on December 21, Khusro Bakhtiar said efforts were being made to establish Special Economic…

Establishment of economic zones to generate employment opportunities: NA speaker

KARACHI: National Assembly Speaker Asad Qaiser on Friday said establishment of economic zones will generate employment opportunities and improve socio-economic condition of people. "With the transfer of technology from China and establishment of economic zones, employment opportunities will be generated as a result of which socio-economic condition of people will be improved," he said while talking to Vice Chairman of the Standing Committee of National Peoples Congress Zhang Chunxian in Islamabad. The NA speaker said…

‘Pak-China ties must go beyond economic zones’

ISLAMABAD: Planning Minister Khusro Bakhtiar on Thursday said industrial cooperation between China and Pakistan under the China-Pakistan Economic Corridor (CPEC) should not be limited to special economic zones only. "There will be industrial relocation in Pakistan under larger industrial cooperation between Pakistan and China," he said while talking to media in Islamabad. He said the ongoing projects under the CPEC would be completed within the stipulated time. Khusro Bakhtiar said progress would also be made on the…

Three Special Economic Zones become operational

ISLAMABAD: The Board of Investment (BOI) has said three Special Economic Zones (SEZs) have become operational in the country and started production while remaining six zones would be rationalized by June, 2019. Special Economic Zones in Faisalabad, Haripur (Hattar) and Karachi sold their land and operational for production for last three months, a senior official of BOI told a state-run wire service. He said National Industrial Parks (NIP) a development and a management company would develop the planned Special…

Nine special economic zones to set up along CPEC: minister

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal on Tuesday said that nine economic zones being set up under the China Pakistan Economic Corridor (CPEC) will strengthen the economy. Addressing a high level 'preparatory meeting for special economic zones', the federal minister said that the enemies of Pakistan want to prevent development in the country by earlier trying to create a rift between provinces and the federation and are now trying to sabotage the project. He regretted that rumors are being spread…