Islamabad: Prime Minister (PM) Imran Khan has sought a detailed report on the establishment of a ‘Naya Pakistan Economic Zone’ by September 1, a news source reported. In addition to developing the said facility in the capital city, the government plans to set up its ‘Naya Pakistan Islamabad Expressway’ project in the coming period.
To study the project’s impact on environment, along with other sectors, the executive recently constituted six separate committees; which have been tasked with submitting a detailed report comprising the procedural, legal, and financial particulars with regard to the establishment of the proposed economic zone.
As per reports, Advisor to the PM on Finance Dr Abdul Hafeez Shaikh, the Capital Development Authority (CDA) representatives, the Housing & Works secretary, the federal law minister, and other officials concerned are some of the high-profile members included in the six committees.
Dr Shaikh will head the 11-member high-level individual committee formed to oversee the financial aspects of the economic zone project. This committee would also submit its suggestions on a special incentives package proposed for the overseas Pakistanis, who would be requested to invest in similar projects.
The advisor would also head a six-member individual committee for overseeing the execution of the Naya Pakistan Housing Programme (NPHP).
Additionally, a three-member committee headed by the Housing & Works secretary, and including the Naya Pakistan Housing Authority (NPHA) chairman and the CDA chairman, would conduct a review of the procedural aspects of the projects. The PM has directed this committee to complete the work on all relevant aspects, along with obtaining No-Objection Certificate (NOC) within six weeks.
