ad

federal government of sindh violating the Special Economic Zone Act 2012

federal government of sindh violating the Special Economic Zone Act 2012

 Sindh Board of Investment Chairperson Naheed Memon has blamed the government for abusing the Special Economic Zone Act 2012 by favoring new SEZs in Punjab without giving utilities to the officially affirmed SEZs in Sindh. 

The government ought to first give all utilities ensured under the SEZ Act 2012 to the officially affirmed SEZs in Sindh before offering endorsement to the new ones since there is deficiency of power and gas in the nation," she said, in a press release.The heads of BoI of all territories were available in the meeting where the BoI Islamabad Chairman Miftah Ismail affirmed the applications presented by Punjab for the three new SEZs notwithstanding complaints and non-support of the Sindh government. 


federal government of sindh violating the Special Economic Zone Act 2012

The SEZs in Sindh have not been given utilities since their endorsement in 2014. They incorporate the Khairpur Special Economic Zone,,,,,,,,,,, Bin Qasim Industrial Park (BQIP) and the Korangi Creek Industrial Park.

The Khairpur Special Economic Zone is being built up close by the eastern course of the China-Pakistan Economic Corridor (CPEC) as a quality expansion center point. It is being produced to give cutting edge stage for different quality included mechanical units, which will fortify the economy, make occupations and lessen destitution in the northern piece of Sindh. 

Advancement on the general framework is very nearly 96% finished. Keeping in mind the end goal to support sends out, the government had passed the SEZ Act 2013 to build up SEZs in various parts of the nation. 

federal government of sindh violating the Special Economic Zone Act 2012

The government law (SEZ Act 2012) ensures the procurement of gas association with the affirmed SEZs. Likewise, the Article 158 of the Constitution of the Islamic Republic of Pakistan gives legitimate spread that the disclosure of any common asset should first advantage the region where the revelation has been made. 

The matter of gas association has been raised ordinarily with pertinent government services, in particular; the Ministry of Petroleum and Natural Resources and the Board of Investment Islamabad.