Special Economic Zones will help shape Pakistan’s new industrial identity to stand with Chinese companies to embark on contemporary economic projects.
During an interview with China Economist Net, Chairman Special Economic Zones Authority Punjab SM Naveed said nine SEZs under CPEC would be a lifetime opportunity for Pakistani companies to collaborate with Chinese companies for the development of export-oriented manufacturing sectors.
He said it will also enable firms to cluster and tap the benefits of external economies, and will thus provide an opportunity to put domestic industries on a higher learning curve.
The Chairman expressed his belief that SEZs under CPEC has the potential to enhance productivity, integrate Pakistan with global value chains and revive its manufacturing industry in the long run.
Source: Radio Pakistan