PM Imran Khan is probably going to initiate Rashakai Special Economic Zone in the two or three days, said official sources in Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC) here on Thursday.
Rashakai Special Economic Zone, a lead undertaking of the KP government is being executed under China Pakistan Economic Corridor (CPEC).
All plans for the initiation are being in definite contacts and the Prime Minister has been welcomed as boss visitor on the event. The task is arranged on Peshawar-Islamabad Motorway.
The venture has gotten uncommon reaction from both neighborhood and unfamiliar financial backers as 1800 financial backers have applied against the accessible 1000 sections of land requesting thousand sections of land for the foundation of mechanical units in the zone.
A Chinese organization is additionally going to make a venture of US $466 million in the Rashakai Special Economic Zone. In addition, with a venture capability of Rs 4000 billion, the task would produce a large number of business openings for the neighborhood populace.
Rashakai is one of the around 37 zones that have been proposed as Special Economic Zones (SEZs) on the whole regions of Pakistan reported under CEPC.
Afterward, the foundation of nine uncommon monetary zones including RSEZ at Nowshera, Dhabeji, Bostan Industrial Zone, Allama Iqbal Industrial City Faisalabad, ICT Model Industrial Zone Islamabad, Industrial Park Pakistan Steel Mills Port Qasim, Mirpur Industrial Zone AJK, Mohmand Marble City and Moqpondass in Gilgit-Baltistan were focused on.
Rashakai SEZ is appreciating a one of a kind upper hand because of its closeness to first crossroads of CPEC course, close area with Peshawar, Islamabad Airports and ML-I other than a huge asset and assembling base, making it an appealing objective for homegrown and worldwide financial backers to catch neighborhood and global business sectors.
