Investors in CPEC SEZs, STZs to get special incentives: PM Imran Khan

Islamabad: Prime Minister Imran Khan has said that investors in Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor (CPEC) and Special Technology Zones (STZs) were being given special incentives.

Chairing a high level meeting regarding the setting up of special technology zones in the country, the PM said investors must take benefit of the government’s pro-investment policies in SEZs and STZs. He said technology transfer, strong partnerships among educational institutions, industrial sector and government and creating a suitable environment for youth was the top priority of the government.

The Prime Minister directed to provide all facilities available in other countries to the investors and business community in those STZs. He further instructed that one window operation should be ensured to facilitate the business community.

He directed the provincial governments to take benefit of the opportunities available in the international exhibition to be held in Dubai in October. Pakistan should highlight before the world the opportunities available in its special technology zones, he stressed.

Minister for Science and Technology Senator Shibli Faraz, Gilgit Baltistan Chief Minister Khalid Khurshid, Special Assistant to the Prime Minister Dr Shehbaz Gill, Khyber Pakhtunkhwa Minister for Information Technology Atif Khan, Balochistan Minister for Industries Haji Muhammad Khan Toor, Punjab Minister for Information Technology Humayun Yasir and other senior officials attended the meeting. Azad Jammu and Kashmir Prime Minister Abdul Qayum Niazi, Punjab chief minister Usman Buzdar, Balochistan chief minister Jam Kamal Khan and officials of different provinces attended the meeting through the video link.

Special Technology Zones Authority Chairman Amir Hashmi gave a detailed briefing about the special technology zones and the facilities and incentives available to investors in these zones. The chairman told about the incentives given by the federal government to the investors in the special technology zones.

The participants were told that the aim of these special zones was to encourage technology transfer, foreign investment and promote human capital, research and development, job creation, exports and import substitution.