The Board of Investment (BoI) would offer Chinese investors full support, especially with regard to the sale and transfer of land in special economic zones (SEZs), according to Minister for Investment and Privatization Abdul Aleem Khan’s statement on Saturday.
Mr. Khan, who chaired a meeting on economic zone policy in Lahore, gave the Board of Investment instructions to communicate with the Khyber Pakhtunkhwa government and pertinent organizations on the province’s industrial zones.
In order to handle problems in a coordinated way, he also ordered that Chinese diplomats be invited to the upcoming summit.
The China Road and Bridge Corporation’s (CRBC) issues were also chosen to be addressed during the conference.
The Economic Zone Policy’s characteristics, tax holidays, import duty exemptions, and other pertinent topics were covered in the briefing.
Aleem Khan stated that the prime minister is well aware of these issues and emphasized that going forward, there should be no carelessness and that previous errors should be fixed.
Details on SEZ-related matters involving Nepra, the province government, the BoI, and other ministries were given by the State Bank governor, KP chief secretary, CRBC directors, Privatization Board secretary, and senior officers.
They claim that this meeting will be a turning point in the timely resolution of these matters, which have been unresolved for the past five years but are currently being handled under the minister’s special directives.
