CPEC Project: Rashakai will be KPK’s first Special Economic Zone – Research Snipers

CPEC Project: Rashakai will be KPK’s first Special Economic Zone

Rashakai will be the first Special Economic Zone in KPK under CPEC. Pakistan and China both want a fast speedy construction of this SEZ in KPK.

Asim Khan Ministry of Planning, Development and Reform Spokesperson said that the rumors about preferring Hattar over Rashakai are absolutely false and there is no truth in this news

Also read: List of all CPEC projects in Pakistan

The site of Rashakai Economic Zone was chosen by Khyber Pakhtunkhwa Government as priority location. It was approved to be included in CPEC by 6th Joint Cooperation Committee held on Dec 29, 2016, in Beijing China. The choice of the location was preferred by KPK government as it was on the M1-Peshawar to Karachi Motorway which is also under CPEC Transport Plan

Asim Khan informed that ‘In fact, in 7th JCC held in Islamabad on November 21, 2017, the Pakistan side expressed that Rashakai SEZ is its preference in KP. The Chinese expert group noted that Khyber Pakhtunkhwa pays high attention to the development of SEZs and has especially done abundant work in Rashakai SEZ.’

Furthermore, Khan said that it was suggested that the construction of Rashakai SEZ should start earliest. He informed that the major project on Western side Hakla to Dera Ismail Khan 285 km Motorway will be completed by end of 2018. It will develop much before Eastern Route Multan-Sukkur Motorway project.

Asim Khan concluded, ‘Western Route is already operational and construction of Hakla Dera Ismail Khan Motorway would further decrease its length, linking Dera Ismail Khan directly to the northern alignment of CPE.’