ISLAMABAD, (MILLAT ONLINE/APP): As many as nine industrial zones have
been planned to be set up along the rout of China Pakistan Economic
Corridor (CPEC) from Gwadar to Chitral to utilize the natural
resources throughout the country.
“These industrial zones would be set up in a period of two to
three years with the ownership of the respective provinces”,
official sources in Ministry of Planning told APP here on Tuesday.
The sources informed that provincial governments have speeded
up homework on implementation of these zones, planned to be set up
under industrial cooperation between China and Pakistan, being
introduced with successful implantation of projects in energy and
transport infrastructure sector.
“To take advantage of Pakistan’s natural resources, economic zones
will be established under CPEC, one each in all the four provinces,
FATA, Azad Kashmir, Gilgit-Baltistan, and two by the Federal
Government in Islamabad Capital Territory and Port Qasim at
Karachi”.
The 6th Joint Cooperation Committee held last year had
approved nine special economic zones directing the joint work group
on industry to ensure its speedy implementation.
It is hoped that relocation of Chinese labour intensive
industry would help in generating huge employment in Pakistan.
Furthermore, the sources added that the government had
executed its plan of utilizing untapped coal reserves in Thar, a
black gold which has a capacity to produce power for 400 years.
They further said with the help of technology in marble mining
sector, a modern marble city would be established in Mohamand
Agency, FATA.