Younus Bashir stressed upon the need of self-sustainable special economic zones for the purpose of producing exportable commodities on a 24-hours basis. PHOTO: AFP/FILE
He stressed upon the need of self-sustainable special economic zones for the purpose of producing exportable commodities on a 24-hours basis.
“Such a zone will be very successful where a developer can develop an area, produce its own energy requirements, place effluent treatment plant and implement international labour organisation regulations and other social compliances,” said Bashir.
He hailed the decision of the European Parliament granting the status to Pakistan and said that the industrialists of SITE – one of the oldest and biggest industrial zones in the country – are overwhelmed by this decision.
“This is a success of the government that did proper lobbying at the right forum” Bashir added.
Published in The Express Tribune, December 17th, 2013.
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I seriously wonder why the government and business community failed to prepare earlier and why have they just woken up when the GSP Plus status has been granted?.