Saturday, October 5, 2024 07:11 PM
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.