Sindh to establish Dhabeji SEZ, attract $3B Investment as an agreement was signed with Chinese and local investors.
The Sindh government signed an agreement on Saturday with Chinese and local investors to develop the Dhabeji Special Economic Zone (SEZ) under the second phase of the China-Pakistan Economic Corridor (CPEC), which is projected to draw $3 billion in investment and generate over 100,000 jobs.
The agreement was finalized by Abdul Azeem Uqaili, CEO of Sindh Economic Zones Management Company; Mohabat Khan, CEO and Chairman of Zahir Khan Brothers (ZKB); and Cheng Qiang from PowerChina International, with the backing of China’s National Development and Reform Commission.
At the signing ceremony, Chief Minister Murad Ali Shah called the agreement a milestone in advancing industrial collaboration between Pakistan and China.
Furthermore, The Dhabeji SEZ will be developed under a Public-Private Partnership (PPP) model, ensuring shared responsibilities and resources.
According to a statement from the Chief Minister’s Office, the SEZ’s prime location near Karachi’s ports provides excellent connectivity to regional trade routes, making it a key economic hub under the CPEC framework.
The chief minister highlighted the SEZ’s potential to attract both domestic and international investors, particularly Chinese enterprises seeking to enhance their presence in South Asia.
Moreover, Murad Shah stated that the Dhabeji SEZ would play a transformative role in Pakistan’s economy by fostering industrial growth, reducing import dependency, boosting exports, and paving the way for a sustainable, self-reliant economy.
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