Karachi: Sindh Special Economic Zones Management Company (SEZMC) Chief Executive Officer (CEO) Abdul Azeem Uqaili recently announced that in addition to Chinese companies, Japanese and Korean firms have also expressed their interest in developing the Dhabeji Special Economic Zone (SEZ) project, a news source reported. Around 30 national and international companies have inquired about setting up industries at the aforementioned SEZ initiative, which falls under the auspices of the China-Pakistan Economic Corridor (CPEC).
CEO Uqaili stated that the company had received a great deal
of interest from these firms, who were responding to the bids invited by the SEZMC
via national and international newspapers for selecting the developer for the Dhabeji
SEZ.
He said that they received the most responses from Chinese companies, followed by Japanese and Korean investors. He added that after the highest bidding firm has finally been selected, it will be expected to set up a company for developing the SEZ.
The government will provide the successful contender with gas, electricity, and water connections, along with helping complete all required paperwork. Furthermore, the private developer will have to bring private companies on board as well for the development of the project.
The authorities concerned have expressed their hopes for
labour-intensive Chinese companies to relocate to Pakistan; as they have
previously done in some other neighbouring countries.
