ISLAMABAD, December 18 2024: Following the directives of Abdul Aleem Khan, Federal Minister for Board of Investment, a comprehensive survey of Special Economic Zones (SEZs) across Pakistan has been successfully concluded. The survey, which includes aerial assessments and drone technology, has provided an in-depth review of the resources and challenges within these zones.
In a high-level meeting chaired by Minister Abdul Aleem Khan, it was revealed that significant reforms are being introduced to enhance the operational efficiency of these zones. Approximately 150 reforms are expected to transform these areas into world-class industrial hubs, with an emphasis on sustainability under the “Green Pakistan Investment” initiative. Key development plans include linking Karachi’s industrial zones to Port Qasim and ensuring the seamless relocation of industries from China to Pakistan. The government will also proactively invite foreign investments from other nations to these zones.
Minister Khan directed the Board of Investment (BOI) to ensure the provision of all necessary facilities such as one-window operations and robust security measures at these SEZs. He also emphasized the need for a detailed presentation for the Prime Minister to outline the current progress and future plans for these zones.
Further, Minister Abdul Aleem Khan instructed that Pakistani embassies abroad play an active role in engaging with potential foreign investors. He proposed the creation of a special group called “Pride of Pakistan” to honor these investors and facilitate meetings between them and the Prime Minister of Pakistan. The BOI was tasked with completing this initiative within one week without any delay.
The meeting also discussed the upcoming construction of the Business Facilitation Center, the “Asaan Karobar Act 2024”, and other important matters related to departmental improvements. The Federal Secretary of the Board of Investment provided an update on the progress made and the strategic plans for the future.
