The Rashakai SEZ, launched by the Prime Minister Imran Khan in May 2019, is the first CPEC industrial cooperation flagship project. Concession Agreement between KPEZDMC and Chinese developer corporation has been signed in April 2019. Development agreement has been signed on 14th September, 2020. Groundbreaking of the SEZ is planned during the high-level visit of Chinese President to...
Prime Minister Imran Khan along with Chief Minister Punjab Usman Buzdar would soon perform the ground-breaking of Rawalpindi Ring Road (RRR / R3) project. Chairman Rawalpindi Development Authority (RDA) Tariq Mehmood Murtaza said that an amount of Rs6.2 billion has been released for land acquisition of Rawalpindi Ring Road (R3) project. He expressed these views while addressing the business community at...
The construction of China-Pakistan Economic Corridor (CPEC) and special economic zones is a catalyst for Pakistan’s industrialization. CPEC is promoting the transfer of China’s manufacturing industry to Pakistan and pushing Pakistan’s development onto a fast track. So far, remarkable success has been achieved in the CPEC development. The construction of corridor projects is progressing well. In the...
Prime Minister Imran Khan during a recent meeting held to review progress on CPEC was informed that Rashakai-KP, Dhabeji-Sindh and M-3 Faisalabad-Punjab SEZs would be ready for ground-breaking by June this year, which was very encouraging. However, ground-breaking of the SEZ in Islamabad could get unnecessarily delay as the government has not selected any site or acquired land for this project so far....
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