Prime Minister Imran Khan Urges Completion of Fez Dhabei

Business

ISLAMABAD: Prime Minister Imran Khan on Monday chaired a high-level meeting to review progress on under construction Special Economic Zones (SEZs) in the country, ARY News reported.

Chairing a high-level meeting here in Islamabad, the prime minister directed concerned authorities to resolve issues of special economic zones on a priority basis and measures for facilitating the investors should be implemented in the given timeframe.The meeting briefed PM Khan in detail about the steps taken by the government to facilitate investors in the Special Economic Zones across the country.

It was informed that Rashkai, Bolan and Allama Iqbal Industrial City have become fully functional and work on Dhabeji Special Economic Zones is ongoing with full swing and it will be made operational soon.

The participants were told about the land available for industries in special economic zones and approval and allotment of 1500 acres of land in 2021 to 130 companies for the construction of industries.It was told the supply of electricity and gas was ensured in the functional special economic zones.

The administration has also been in talks with the Chinese government over aid provision since PM Khan’s visit to Beijing. However, the conclusion of the negotiations is still unknown. It’s believed that China has asked for more discussion on the topic.

Regarding the loan facility negotiations, they are about to conclude next week, and Asad Umar, the Finance Minister, is optimistic that by November 20, they would have reached a basic accord with the Fund.

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