Islamabad: Adviser to the PM on Commerce and Investment Abdul Razak Dawood said that the Rashakai SEZ will bring huge Foreign Direct Investment (FDI) in Pakistan and will set a new course for national industrialization, according to news sources.
Reportedly, Rashakai SEZ spans over a thousand acres and has already attracted more than 2,000 domestic and foreign investments in various sectors.
He also mentioned that the country is looking to welcome the Chinese industries in SEZs to Joint Ventures (JVs) with the local investors and work together for mutual benefits. Mr Dawood said that the government is prioritizing the development of SEZs for attracting FDI and bring new technology to Pakistan.
These SEZs are being highlighted to achieve import substitution, export promotion, technology transfer and employment generation. Mr Dawood said that the development of Rashakai has huge strategic benefits because of its proximity to ‘resource-rich Central Asian Republics’ and will strengthen the economic integration of the region.
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
