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KPK 17 ECONOMIC ZONES FOR CPEC

The Government of Khyber Pakhtunkhwa has developed Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC). The company is developing and will manage 17 world class economic zones under the leadership of Chairman Mr. Ghulam Dastagir, who is also heading both CPEC Executive Advisory Committee & Khyber Pakhtunkhwa Special Economic Zones Authority(KP-SEZA) as Chairman. All of the economic zones are all not only strategically located and linked to CPEC, but are also planned based on the district strengths of the resident and adjoining area. The economic zones will have a One Window operated facility. The main aim of one window facility is to hand hold local and foreign industrialist by taking care of all their issues regarding regulatory authorities and facilitate them to stay focused on their core businesses.
The zone enterprises will have access to all amenities like uninterrupted electricity supply, water, security IT infrastructure, road and waste management system etc. The Government of Khyber Pakhtunkhwa has also formulated an industrial policy, which offers incentive like discount on land, interest rate, electricity and transportation along with equity grant for women entrepreneurs. KPEZDMC will approve all its economic zones as Special Economic Zones to avail SEZ benefits of one-time exemption from custom duties and taxes on all capital goods imported into Pakistan as well as an exemption for 10 years from all taxes on income. Hattar Special Economic Zone is an already approved SEZ, developed and managed by the company. KPEZDMC will develop a Chinese desk to engage in activities necessary for facilitating Chinese and foreign investors and the economic development of the region.
These zones will enhance employment generation, investment, exports, infrastructure development, technology upgradation and skill formation. KPEZDMC will also collaborate with Chinese investors in developing a Chinese Economic Zone so that the Chinese investors that are reluctant to invest in a Pakistani operated economic zones can be facilitated in KP through these Chinese Economic Zone

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