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Seven SEZ approved: BOI


ISLAMABAD: The Board of Investment (BOI) yesterday said that seven Special Economic Zones (SEZs) was approved by the government for facilitating and attracting the investors through one window operation. Three each three SEZs would be established in Punjab and Sindh and one in Khyber Paktunkwa,said a Spokesman of Board of Investment (BOI) Shah Jahan said here. He said that nine more Prioritized Special Economic Zones (SEZs) would also beestablished in Punjab, Sindh, Khyber Paktunkhwa (KPK), Balohistan, Northern Areas and Federally Administrated Tribal Areas (FATA). He said that nine prioritized industrial zone proposed for high tech industry meant to enhance the export and employment opportunities to the people in the country. He said the SEZ Cell had been furnished on the contemporary corporate style and would be equipped with state-of-art facilities. The spokesman said that SEZs investors would get the facility for plant and machinery import without customs duty in all four provinces of the country. He said the government would hold road shows in China,Italy, Singapore, United Kingdom and United States (UK) including all big economies in coming few months for increasing Pakistan’s Foreign Direct Investment. Through new work plan,BIO would hold road shows in collaboration with chambers of Commerce and industries and All Pakistan Textile Mills Association (APTMA) for focusing on textile and steel industry.–PPI