ISLAMABAD
\nPakistan has signed a landmark agreement with Chinese and local investors to establish the Dhabeji Special Economic Zone (DSEZ) under the China-Pakistan Economic Corridor (CPEC), marking a significant step in the corridor\u2019s second phase of development.
\nThe Special Investment Facilitation Council (SIFC) spearheaded the initiative, which aims to transform the area near Thatta into a major industrial hub. The project, structured under a public-private partnership model, is expected to attract investments worth $3 billion and create more than 100,000 jobs.
\nStrategically located near Karachi\u2019s ports, the DSEZ is positioned to provide optimal access to global trade routes. This geographical advantage is expected to enhance Pakistan\u2019s industrial capabilities and boost its export potential.
\n\u201cThe Dhabeji Special Economic Zone represents a crucial milestone in Pakistan-China industrial cooperation,\u201d said a senior government official involved in the project, speaking on condition of anonymity as they weren\u2019t authorized to comment publicly.
\nChinese businesses have expressed keen interest in expanding their presence within the zone, which will focus on promoting industrial development, increasing exports, and fostering economic self-reliance. The project aligns with Pakistan\u2019s broader economic recovery efforts and its push toward sustainable development.
\nThe SIFC\u2019s involvement underscores the government\u2019s commitment to facilitating foreign investment and streamlining the development process. Officials expect the zone to play a vital role in Pakistan\u2019s economic transformation by attracting both domestic and international investors.
\nThe development will proceed in phases under CPEC\u2019s second stage, with infrastructure development and industrial unit establishment planned according to a comprehensive timeline. Authorities emphasize the project\u2019s potential to strengthen Pakistan\u2019s manufacturing base and create sustainable economic growth.
\nIndustrial experts note that the success of the Dhabeji SEZ could serve as a model for future economic zones in Pakistan, particularly in terms of public-private partnership implementation and international collaboration.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Pakistan has signed a landmark agreement with Chinese and local investors to establish the Dhabeji Special Economic Zone (DSEZ) under the China-Pakistan Economic Corridor (CPEC), marking a significant step in the corridor\u2019s second phase of development. The Special Investment Facilitation Council (SIFC) spearheaded the initiative, which aims to transform the area near Thatta into […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-458248","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n