The CPEC is helping to boost the Special Economic Zone to attract $128 million investment for both Pakistan and China, reported by CRBC. Therefore, it is decided to lease out Rashakai SEZ’s to a Chinese firm. It is not only the investment but will help the people of both sides to learn new skills.
SEZ’s are a way to attract the investors
The concession of $700,00 is also helping in furthering this initiative. And the ratio of Pakistan and Chinese employees is 80:20. Moreover, the Chinese investors are showing interest to start 22 industrial units here in Pakistan. The fertile land of Pakistan has the potential to attract $1.04 billion of investment.
Also, the China Road and Bridge Corporation (CRBC) will develop 1000 acres of land. This investment is comprised of three phases. First, the banning of plot selling. Second, the supply of electricity and gas and third the establishment of connected roads and railway roads. It also supports the depleting exports of Pakistan.