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SEZs under CPEC to be Developed by Public Sector, Private Sector or Public-Private Partnership: BOI

Date : 08-08-2017
SEZs under CPEC to be Developed by Public Sector, Private Sector or Public-Private Partnership: BOI
Islamabad, Aug 8: Special Economic Zones( (SEZs) under China-Pakistan Economic Corridor (CPEC) will be developed either by Public Sector, Private Sector or through Public-Private Partnership, Spokesman Board of Investment told media.

Spokesman further added by saying that the government has identified forty-six sites for establishing Special Economic Zones under China-Pakistan Economic Corridor, a long-term development project worth $62 billion comprising of power plants and energy pipelines, 46 Special Economic Zones (SEZs), fiber optic network, and network of highways and railways linking western China’s Kashgar to a deep-water Gwadar port on Pakistan’s Arabian Sea coast.He said the federal government, in coordination with the Provincial governments, including AJK, Gilgit-Baltistan and FATA has identified these sites to leverage various routes of CPEC.  

The spokesman said out of these, nine sites had been declared as Priority Zones.


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