SEZs will be set up under the second phase of CPEC industrial development
PHOTO:REUTERS
ISLAMABAD: The government remains optimistic about the China-Pakistan Economic Corridor (CPEC) amid provincial and regional concerns of tax exemption to a Chinese company and lack of clarity on different projects.
SEZs will be set up under the second phase of CPEC industrial development.
To ensure CPEC security, the federal government will establish offices of the Intelligence Bureau across the country. China is willing to include Afghanistan in CPEC and Pakistan’s PM proposed linking CPEC to Shanghai Cooperation Organisation’s (SCO) six approved routes.
These findings have been shared in the CPEC monthly monitor, released by CPEC Watch. To avoid long bureaucratic procedures for CPEC-related proceedings, China has urged Pakistan for one-window operations similar to a free zone in Dubai, where all permissions can be got in a week.
Published in The Express Tribune, March 20th, 2018.
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