As Pakistan enters the second phase of the China-Pakistan Economic Corridor (CPEC), the Special Economic Zones (SEZs) can play a pivotal role in attracting investment and promoting industrialization, increased market accessibility, and regional connectivity, leading to robust economic growth. A study by the State Bank of Pakistan (SBP) reveals that 22 SEZs have been approved, of which 21 have been notified. Thirteen of the approved SEZs previously existed as Industrial Estates and Industrial Parks, whereas nine SEZs have been approved under CPEC, of which four have been given priority status. The latest available data suggests that the 22 approved SEZs cover more than 15,000 acres. The plot demarcation for 11 SEZs has been completed and more than 3,000 plots have been demarcated so far. The per-acre price of industrial plots varies from Rs. 3.0 million (in Khairpur) to Rs. 65 million (in Korangi Creek IP). The per-acre price depends on the costs of land acquisition and developmen...
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