Rashakai SEZ to attract investment

Both sides agreed to launch a joint venture to encourage local investors to make investment in potential sectors


APP February 26, 2021

PESHAWAR:

Sarhad Chamber of Commerce and Industry (SCCI) President Sherbaz Bilour has termed the China-Pakistan Economic Corridor (CPEC) project a glaring example of Pak-China friendship, which could spark economic prosperity and development besides changing the destiny of the entire region. Talking to a Chinese delegation, the SCCI chief said the Rashakai Special Economic Zone was fully backed by the government of China, which helped it to attract new investment and create more job opportunities. He urged the government to take pragmatic steps and offer incentives to encourage investment in the province. A representative of the Chinese delegation, on the occasion, briefed meeting participants about the significance of Rashakai Special Economic Zone, a project which was being executed under CPEC in Khyber-Pakhtunkhwa. He highlighted the investment opportunities in the economic zone and incentives being offered to investors. Both sides agreed to launch a joint venture to encourage local investors to make investment in potential sectors in the Rashakai zone.

Published in The Express Tribune, February 26th, 2021.

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