Minister of Commerce Praises Rashkai SEZ Development

Hanifullah Khan

Peshawar: Rashakai Special Economic Zone (SEZ) project will prove to be an important milestone for the promotion of industrialization and economic development in the Khyber-Pakhtunkhwa (KP) province, said KP Industries, Commerce & Technical Education Department Caretaker Minister Dr Aamir Abdullah.

Interim Minister visited Rashkai SEZ on Wednesday and inspected various construction projects within the zone and expressed satisfaction with their quality.

During a briefing, Dr Aamir stated that it is the government’s effort to provide all facilities to the entrepreneurs and companies setting up industries there.

Minister was briefed about the SEZ, established under CPEC, for industrial development, its unique features, the completion of its construction infrastructure in the first phase, and facilities to be provided in the zone in the future phases.Caretaker Minister was informed that the establishment of the special zone is being built in collaboration between the KP Economic Zones Development Company and the Chinese construction company CRBC.

He was informed that the construction work on the first phase of the zone has almost been completed, while this special zone will cover a total area of 1000 acres. Similarly, 702 acres of land in the zone have been allocated for industrial plots and 76 acres for commercial plots.

Dr Abdullah was told that all the facilities are being provided in the zone as per the required standards; however, some issues prevail related to electricity and gas.

Dr Aamir added that related matters will be raised with the relevant quarters for their immediate solution regarding electricity and gas matters so that there will be no problem for the industries and this industrial zone will develop rapidly according to its geographical importance.

Domestic and foreign industrialists and businessmen are being attracted for industrialization in the economic zone, while in the first phase, plots have been provided here for 18 domestic and one Chinese industry.

Minister Abdullah assured that all possible facilities would be provided to domestic and foreign investors, and in this regard, he also gave clear instructions to the concerned authorities.