By Ali Imran
ISLAMABAD: Prime Minister Imran Khan on Wednesday said that the government was establishing special economic zones (SEZs) to provide maximum facilities to investors in the country, media reported.
Presiding over a high-level meeting in Islamabad, PM Imran said the PTI-led government is committed to ensure business-friendly environment across the country. On the occasion, PM Imran directed to provide electricity transmission facilities to KEPTO power and ease wheeling (sale and purchase) regulations. The prime minister also directed to ease regulations for setting up new industries.
The meeting approved to establish special economic zones across the country.
13 SEZs have been notified so far, while work on 18 new zones are underway, the meeting was told. Last year on October 23, Prime Minister Imran Khan had directed to complete establishment of special economic zones (SEZs) on war footing.
Chairing a high-level meeting in Islamabad to review progress on establishment of special economic zones across the country, PM Imran Khan had said that all the initiatives for establishment of SEZs will be spearheaded by the federal government while taking the provinces fully on board.
Speaking on the occasion, he had said, “We should remain competitive in providing incentives for transfer of technology and relocation of industries from China on the lines of incentives being provided by other regional countries.”
Expressing his satisfaction over the positive economic indicators, Prime Minister Imran Khan on Wednesday said that Pakistan is moving on the road to progress with accelerated development spending, media reported. In a tweet, PM Imran Khan said that the current account deficit shrank by massive 73 per cent, adding that the value of rupee is stable now.
He said that rising exports and sale of cement indicate the journey of progress.
Earlier on March 2, Adviser to Prime Minister for Commerce, Industry and Investment Abdul Razak Dawood had said that the February 2020 had witnessed a 13.61 percent rise in exports from the country as compared to the past years.
In a message posted on his Twitter account, the federal adviser had said that the country’s exports witnessed a 3.62 increase during the current fiscal year as compared to the previous years.
“The increase is commendable when compared to the export trend of our competitors. This is just the beginning, the future holds much more!” he had said while tagging his message to the prime minister Imran Khan and others on the Twitter feed. A high-level delegation of the Organisation of Islamic Cooperation (OIC) visited the Line of Control (LoC) on Wednesday, where they were briefed over Indian ceasefire violations. The six-member delegation, under OIC Secretary General’s Special Envoy for Jammu and Kashmir Yousef al Dobeay, set off for LoC today, where it will visit the Chakothi sector.
