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SEZs will be futile if industries not installed timely: NA body

SEZs will be futile if industries not installed timely: NA body CPEC parliamentary committee says economic stability will lead to peace, security in Pakistan PHOTO: APP/FILE ISLAMABAD: The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) has observed that the establishment of the Special Economic Zones (SEZs) would be futile, if industries are not installed there timely. The 37th meeting of the Parliamentary Committee on CPEC held under the chairmanship of MNA Sher Aftab Ali was informed that issues pertaining to sale and cancellation of plots in SEZs need to be resolved at the earliest so that the process of establishing industries in SEZs could be expedited.

Parliamentary Committee Angry Over Delay in Socio-Economic Projects Under CPEC

Non utilisation of $1b loan irks parliamentary panel

Non utilisation of $1b loan irks parliamentary panel The committee urges FBR to provide concessions to industries to be set up at CPEC’s SEZs ISLAMABAD: A parliamentary panel has expressed extreme displeasure over delay in the process of completion of socio-economic projects under a $1 billion Chinese grant. It has also asked the taxman and other stakeholders to provide concessions to industries to be set up at the Special Economic Zones (SEZs) to be built along the China-Pakistan Economic Corridor (CPEC). The Parliamentary Committee on CPEC held its 36th in-camera meeting at the Parliament House on Wednesday. Presided over by MNA Sher Ali Arbab, the meeting expressed dissatisfaction over dilly-dallying in the process of completion of socio-economic projects under Chinese grant of $1 billion.

Parliamentary Committee Approves Projects Worth Rs 13 86 Billion

Parliamentary Committee Approves Projects Worth Rs 13 86 Billion
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