CPEC phase 2 need active role of industries and business

Minister of State/Chairman Board of Investment (BoI), Prime Minister’s Office, Atif R Bokhari while addressing the forum on Draft Framework Agreement on IC under the CPEC, organised by Project Management Unit (PMU), BoI said that that the first phase of the CPEC required the leading role of the government, while the second phase requires a 180-degree change in management and roles of actors.

“It calls for enhanced role of industrialists, the private sector, and the business community, while the government’s role would only be that of a facilitator by devising effective policies, laws, and efficient infrastructure, to facilitate B2B and people-to-people linkages,” he said.

He further informed that significant progress had been achieved on the SEZs development and colonization during the last few months and four SEZs; Rashakai SEZ in Khyber Pakhtunkhwa, Dhabeji SEZ in Sindh, M-3 Allama Iqbal SEZ, Punjab, and Bostan SEZ Balochistan are now in advance stage of development.