Provision of all utilities demanded

KARACHI: Naheed Memon, chairperson of the Sindh Board of Investment (SBI) has demanded provision of all the utilities, which are guaranteed under the SEZ Act 2012 to the approved Special Economic Zones in Sindh before any new application of SEZ is considered, keeping in view the shortage of gas and electricity resources, a statement said on Wednesday.

The utilities have not been provided to the already approved SEZs in Sindh since their approval in 2014.

The three Special Economic Zones are Khairpur Special Economic Zone (KSEZ), Bin Qasim Industrial Park (BQIP) and Korangi Creek Industrial Park (KCIP). 

Khairpur Special Economic Zone is being established at Khairpur alongside the Eastern Route of China – Pakistan Economic Corridor as a Value Addition Hub. It is being developed to provide state that of the Art Platform for Multiple Value Addition Industrial Units which will strengthen the economy, create jobs and reduce poverty in the North Sindh region. The development work on the overall infrastructure is almost 95 percent completed.