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Sindh to develop SEZs to facilitate Chinese investors

Sindh to develop SEZs to facilitate Chinese investors


Published on 2024-12-14 18:03:07 - The Express Tribune
  Print publication without navigation

  • The Sindh government is developing two special economic zones in Karachi to facilitate Chinese investors in setting up various industries in collaboration with local businessmen, said Provincial Minister for Energy, Planning, and Development Syed Nasir Hussain Shah.

The Sindh government has announced plans to develop Special Economic Zones (SEZs) to attract Chinese investors, aiming to enhance economic cooperation under the China-Pakistan Economic Corridor (CPEC). This initiative includes setting up zones in strategic locations like Dhabeji, near Karachi, which is expected to become a hub for industrial activities. The SEZs are designed to offer incentives such as tax breaks, simplified regulations, and improved infrastructure to lure foreign investment, particularly from China. The move is part of a broader strategy to boost industrialization, create jobs, and foster economic growth in the region by leveraging the economic ties with China.

Read the Full The Express Tribune Article at:
[ https://tribune.com.pk/story/2516050/sindh-to-develop-sezs-to-facilitate-chinese-investors ]
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