Rashakai SEZ to be inaugurated by the end of July

The inaugural session of Rashakai Special Economic Zone, under the China-Pakistan Economic Corridor (CPEC) is expected to be held by the end of July 2019. An investment worth $138 million is expected from China in this industrial zone and it is among three SEZs which will be developed within next two years. Pakistan had requested China’s cooperation in developing at least one SEZ
Rashakai Industrial Zone in Nowshera would consist of 1,000 acres of land and focus on fruit, food packaging and textile stitching/knitting. There is a requirement of 209 MW of electricity and 30 mmcfd gas for this SEZ. The first SEZ at Rashakai will be inaugurated during the current month, where 20 factories would be set up initially.
Dhabeji Industrial Zone also consists of 1,000 acres of land and would target foundries, steel, building material, petrochemical, automotive and allied, light engineering, textile and garments etc. It requires 200MW electricity and 15 mmcfd gas.
The nine proposed SEZs include: (1) Rashakai Comprehensive SEZ, Nowshera, KP, (2) Allama Iqbal Industrial City, Faisalabad, (3) China Special Economic Zone, Dhabejji Thatta, (4) IT Park, Islamabad, (5) Bostan Industrial Zone, Balochistan, (6) SEZ Port Qasim Karachi, (7) Moondash SEZ, Gilgit-Baltistan, (8) Mirpur SEZ, Azad Jammu and Kashmir and (9) Momand Marbel City, TATA.
More than 790MW electricity and 200 million cubic feet per day (mmcfd) gas will be required for nine SEZs envisaged under CPEC.