2021-04-16 01:35:57 GMT2021-04-16 09:35:57(Beijing Time) Xinhua English
ISLAMABAD, April 16 (Xinhua) A special economic zone (SEZ) being constructed in Pakistan s northwest Khyber Pakhtunkhwa province under the China-Pakistan Economic Corridor (CPEC) will create over 200,000 job opportunities for the locals, an official from the province has said.
Chief Executive Officer of the state-owned Khyber Pakhtunkhwa Economic Zones Development and Management Company Javed Khattak told media on Thursday that the Rashakai SEZ in the province is prioritized as a special economic park spreading over an area of about 1,000 acres near the provincial capital of Peshawar.
The SEZ, a milestone of the implementation of industrial cooperation under the CPEC framework, will become an important trade hub, Khattak said.
Xinhua Asia-Pacific news summary at 0600 GMT, April 16 pakistantelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistantelegraph.com Daily Mail and Mail on Sunday newspapers.
PESHAWAR, April 15 (Gwadar Pro) - In order to uplift backward and underprivileged southern parts of the province, the Government of Khyber Pakhtunkhwa (KP) has expedited the completion of legal formalities to begin work on Daraban Economic Zone (DEZ) in Dera Ismail Khan.
DEZ is located right on China Pakistan Economic Corridor (CPEC)’s western alignment linking KP and Balochistan province. The 3,125-acre DEZ would be one of the largest economic zones of the country. The Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) will develop and manage the economic zone.
Last year, the KP Government proposed the inclusion of DEZ into CPEC. The zone is expected to be included in CPEC during the upcoming meetings of CPEC’s principal decision-making body.
Rashakai SEZ: dreams and hopes becoming reality--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.