Dhabeji Special Economic Zone Lease Agreement Signed in Sindh

Web DeskApril 20, 2024 10:50 AMbusiness
  • DSEZ lease land agreement signed, marking a pivotal moment
  • DSEZ to attract investments through a PPP model
  • 1530 acres earmarked for DSEZ development in two phases
Dhabeji Special Economic Zone Lease Agreement Signed in SindhImage Credits: The Daily CPEC
The Dhabeji Special Economic Zone (DSEZ) in Sindh, a key part of CPEC, reaches a milestone with the lease land agreement signing. Managed by SEZMC, DSEZ aims to attract investments through a PPP model, with 1530 acres allocated for development.

The Dhabeji Special Economic Zone (DSEZ), a crucial component of the China-Pakistan Economic Corridor (CPEC), has reached a significant milestone with the signing of the lease land agreement in Sindh province. This agreement, facilitated by key stakeholders, marks a pivotal moment in the development of the economic zone.

Managed by the Sindh Economic Zones Management Company (SEZMC), the DSEZ is set to be established under a Public-Private Partnership (PPP) model, spearheaded by the Sindh Government. The primary objective of the DSEZ is to attract investments to Pakistan by providing a convenient platform for investors, offering a plug-and-play infrastructure.

Last year, the Board of Investment's Approvals Committee granted the Dhabeji Industrial Zone (DIZ) the status of a Special Economic Zone (SEZ) during its 8th meeting. This move is expected to usher in a new era of industrialization for Karachi and Pakistan as a whole. The DSEZ is poised to serve as a facilitator for potential investors from China and other nations, enabling them to establish new ventures or relocate their existing operations to Pakistan.

As per the official CPEC website, a total of 1530 acres of land have been earmarked for the development of the DSEZ, which will be executed in two distinct phases.

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