Pakistani PM asks for brisk completion of CPEC's special economic zones
18 Sep 2019


Pakistani Prime Minister Imran Khan on Tuesday directed fast completion of the infrastructural work on the special economic zones (SEZs) under the China-Pakistan Economic Corridor (CPEC), the Prime Minister Office said in a statement.


The prime minister chaired a meeting here in which he was briefed about the rich potential of the SEZs to attract foreign direct investment by industrialization in the allocated zones which will be set up in all provinces of the country.


Khan directed the relevant authority to speed up the process of provision of electricity, gas and road access to the SEZs to facilitate investments and establishment of industries.


Pakistani officials in the meeting were apprised that CPEC remains the top priority of the government and infrastructure development, energy and communication sectors have been earmarked for attracting investments.


"Prime Minister Imran Khan stated that Pakistan is now on the right track of economic growth and in order to attract investments, the government will provide incentives to potential investors along with ease of doing business," the statement added.


First phase of CPEC focusing on energy and infrastructure projects is already nearing its completion, and the Chinese and Pakistani governments are now working on the second phase of CPEC, which will comprise of industrialization and uplift of agriculture sector projects.


Source: Xinhua News Agency