A special economic zone (SEZ) is an industrialized area in a country that is subject to different economic regulations than other regions within the same country. The economic regulations of special economic zones (SEZs) tend to be conducive to and attract foreign direct investment (FDI). In a press interview, Zhang …
Read More »SPECIAL ECONOMIC ZONES UNDER CPEC
Industrial revolution had initiated in the 18th century but the world had to wait till 1959 to witness the establishment of first modern Special Economic Zones (SEZ) in Shannon, Ireland. As of 2006, International Labor Organization’s (ILO) database reported 3,500 zones in 130 countries and today one can find more …
Read More »WHY DOES INDIA RUN COUNTER TO CPEC?
China-Pakistan Economic Corridor (CPEC), a pilot project of “Belt and Road Initiative” (BRI) which is based on the vision of economic prosperity through connectivity, inclusivity and a win-win for Pakistan and beyond. Since CPEC’s inception, it has been confronted by “hyped” antagonism through the introduction and infusion of negative narratives …
Read More »JOBS INNOVATION BY CPEC: AN UNTOLD REALITY
The China-Pakistan Economic Corridor umbrella intends to provide a structural transformation in the region of Pakistan. Before the initiation of the China-Pakistan Economic Corridor project, it has never been considered as an infrastructure specific project subject to the construction of some roads, bridges, etc. rather a developed structure of the …
Read More »China adopting slow-go policy for CPEC
According to the latest report, keeping in view the uncertainties Pakistan faces, China has planned to stick to a ‘go-slow’ policy in order to address issues like non-payment of dues in major projects under the CPEC (China Pakistan Economic Corridor). As per the reports, 22 projects having a value of …
Read More »Special Economic Zones should be developed under CPEC
According to latest news, The Council of Common Interests, CCI has given the directions to the provinces to submit their related documents required for the execution of the development of the Special Economic Zones under CPEC. A meeting was called in the Prime Minister House by Shahid Khaqan Abbasi, The …
Read More »Special Economic Zones under CPEC should be timely completed, stressed ICCI
According to a reliable source, Sheikh Amir Waheed, the President Islamabad Chamber of Commerce and Industry (ICCI) has greatly emphasized the government to take proper measures for making sure that the Special Economic Zones under CPEC project be completed on its stipulated time. SEZ’s on time completion will boost …
Read More »Govt to set up 46 Special Economic Zones along CPEC route
According to Board of Investment Chairman Miftah Ismail, the government is planning to set up 46 Special Economic Zones along the CPEC route. While addressing Pakistan-China Industrial Cooperation dialogue in Islamabad recently, he said that a working group will be nominated to determine how to build the zone. Each zone …
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