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*The development and groundbreaking of Rashakai Prioritized Special Economic Zone under CPEC Framework*

 

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar chaired a progress review meeting on the development and groundbreaking of Rashakai Prioritized Special Economic Zone under CPEC FrameworK. Provincial Finance Minister KP Taimur Khan Jhagra and senior officials of the Federal & Provincial governments attended the meeting.

The meeting was briefed on the progress of work at the SEZ. It was informed that the camp office at the site had been established, which the first industrial unit had started its construction work within the Zone. The Zone was getting very a encouraging response as more than 2000 investors had indicated in setting up their units in the SEZ. All such applicants will be processed in a transparent manner to allocate appropriate space within the Zone.

Minister appreciated the work carried out by Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) and the development to setup Rashakai as the first SEZ in PPP model. He said that the relevant Federal agencies will be directed to provide all necessary support and assistant to make the SEZ a success.