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Four SEZs to create 1.47 million jobs, boost industrialist growth

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ISLAMABAD, May 17 (APP): The four Special Economic Zones (SEZs), work on which is continuing at full swing, would create as many as 1.47 million jobs besides playing an important role in promoting local industry to lead the country towards sustainable economic growth.

“The four SEZs including Rashakai M-1 Nowshera; Dhabeji Thatta;  Allama Iqbal Industrial City Faisalabad and Bostan Balochistan would create around 475,000 direct and 1,000,000 indirect jobs all across the country,” senior official of Board of Investment (BoI) told APP here Monday.

Talking to APP, the official said these SEZ, which are part of China Pakistan Economic Corridor (CPEC) would promote overall industrial growth in the country, adding that development of these four zones was top priority of the government.

He was of the view that Pak-China industrial cooperation would make Pakistan a manufacturing hub in the region while the establishment of industrial zones would create vast investment opportunities for local industrialists.

The 1000 acre Rashkai Economic Zone has attracted at more than 2,000 domestic and foreign investments in different sectors of economy, hence promote rapid industrialization.

He said that the zone would be developed in three phases and as per the plan 247 acres of land would be developed in the first phase, 355 acres in the second phase and 399 acres in the third phase.

Likewise, the federal government would provide 210 MW electricity to the zone in three phases while it had also earmarked Rs 1203 million for gas for this zone.

The zone will provide employment to 80% locals, he said adding that Rashakai has the potential to become a hub of economic activity.

He said Rashakai Special Economic Zone is connected to all the provinces of Pakistan through airports, dry ports, railway stations, motorways and highways. The zone is located at the confluence of the five major districts of KPK, Nowshera, Mardan and Swabi, Charsadda and Peshawar.

He said that there is fertile land in the adjoining districts, which is suitable for growing a variety of cash crops and vegetables. The SEZ would cover more than 400 industries, including garments and textile products, home appliances, general commercial goods, electronics and electrical appliances, automobiles and mechanical equipment.

Meanwhile, talking to APP the Adviser to Commerce and Investment, Abdul Razak Dawood said the Special Economic Zones (SEZs) was a milestone for economic and industrial development in Pakistan.

The Special Economic Zone would pave the way for foreign investment, setting a milestone in industrial modernization and diversification in the country, the Adviser said.

He said that the Rashakai Special Economic Zone (SEZ) would set a new direction for modern industrialization in Pakistan and bring huge Foreign Direct Investment (FDI) in the country.

Replying to a question on shift of industries from China to Pakistan, he said that “We are looking to welcome the Chinese industries in our SEZs to Joint Venture (JVs) with local investors and also share the mutual experience for benefiting the local industries.

He said the government was prioritising development of special economic zones (SEZs) for attracting foreign direct investment (FDI) and transfer of technology into the country.

“The SEZs are primarily focused on industrialization that result in export promotion, import substitution, transfer of technologies and employment generation, which are the primary targets of our government as well,” he said.

The advisor said the establishment of SEZs was critical to resolving balance of payment issues as ”we tend to give priority to enterprises which are involved in export generation or import substitution” he said.

He said that Rashakai SEZ is the flagship project of CPEC and its success will further strengthen Industrial Cooperation between Pakistan and China.

He said the development of Rashakai SEZ had a huge strategic implication, because it is closer to resource rich Central Asian Republics (CARs) and also plays a role for economic integration of the region.

He said that all of these SEZs would have far-reaching socio-economic impact in the region by attracting more investment, spurring industrialization, creating employment in the industry and ensuring export led-growth.

He said that Pakistan’s proximity with China would allow these SEZs to foster economic interdependence for mutual economic advantage.

Replying to another question, he said that Rashakai SEZ held a unique competitive advantage due to its proximity to the first juncture of CPEC route, and significant resource and manufacturing base in the region.

Replying to another question about the most priority sector for future investment in Pakistan, he said that textiles value addition, Information Technology, Logistic, Tourism and housing are the major sectors for the government to bring foreign investment in these areas.

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Aik Qaum, Aik Sath | Pakistan Zindabad | Pakistan Day Song | 23rd March 2024 | AIKQAUM.COM

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Nation celebrates Pakistan Day today with traditional zeal

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The nation celebrates Pakistan Day on Sunday with a renewed pledge to transform the country into a true Islamic and welfare state in line with the vision of Quaid-e-Azam Muhammad Ali Jinnah.

The day is observed to commemorate the historic Lahore Resolution passed on 23rd March in 1940, under which Muslims of the Sub-continent set the agenda of a separate homeland for themselves.

The day dawned with thirty-one-gun salute in the federal capital and twenty-one-gun salute in provincial capitals.

Special prayers were offered in mosques after Fajr prayers for progress and prosperity of the country.

The special feature of the day will be Pakistan Day Military Parade in Islamabad on a limited scale at Aiwan-e-Sadr due to the month of Ramadan.

President Asif Ali Zardari will be the chief guest on the occasion.

Contingents from all the three armed forces will actively participate in the Parade.

Fighter jets from Pakistan Air Force will conduct a flypast.

Radio Pakistan and PTV are broadcasting special programmes to highlight the significance of the day and pay tribute to the leaders and workers of Pakistan Movement.

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Pakistan Day: A Reminiscence of the Heroic Struggle of Muslims of the Subcontinent

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Pakistan Day, observed annually on March 23rd, holds a place of immense significance in the history of Pakistan. It marks the passing of the Lahore Resolution in 1940, which laid the foundation for the creation of an independent state for Muslims of the Indian subcontinent. This historic day serves as a reminder of the heroic struggle, sacrifices, and unwavering resolve of the Muslims who aspired for a separate homeland where they could live with dignity and practice their religion freely.

The Lahore Resolution: A Milestone in the Freedom Struggle

The All India Muslim League, under the leadership of Quaid-e-Azam Muhammad Ali Jinnah, convened its annual session in Lahore from March 22 to 24, 1940. On March 23rd, the historic resolution was passed at Minto Park (now known as Iqbal Park), demanding separate states for Muslims in the northwestern and eastern regions of India. This resolution, often referred to as the “Pakistan Resolution,” became the cornerstone of the Pakistan Movement and galvanized Muslims into an organized struggle for their rights.

The Heroic Struggle and Sacrifices of the Muslims

The road to independence was not an easy one. The Muslims of the subcontinent faced tremendous challenges, including political opposition, social hardships, and economic constraints. The demand for a separate homeland was met with strong resistance from both the British colonial rulers and the Indian National Congress. However, the unwavering commitment of Muslim leaders and activists fueled the movement with newfound energy and resilience.

Quaid-e-Azam Muhammad Ali Jinnah, through his unmatched leadership and unwavering determination, guided the Muslims towards their goal. He emphasized the importance of unity, faith, and discipline, inspiring millions to rally behind the cause. Countless individuals sacrificed their lives, endured imprisonment, and faced brutal oppression, all for the dream of an independent Pakistan.

The Creation of Pakistan: A Dream Realized

The struggle for independence culminated in the emergence of Pakistan on August 14, 1947. The dream envisioned in the Lahore Resolution turned into a reality, marking the beginning of a new era for the Muslims of the subcontinent. The creation of Pakistan was not just the establishment of a new country; it was the fulfillment of a long-cherished aspiration for freedom, identity, and sovereignty.

Pakistan Day: A Tribute to the Nation’s Heroes

March 23rd is celebrated with great enthusiasm across Pakistan. The day begins with special prayers for the prosperity and security of the country, followed by military parades, flag-hoisting ceremonies, and cultural events. The highlight of the day is the grand parade in Islamabad, where the armed forces display their prowess, and national leaders pay tribute to the sacrifices of the past.

Pakistan Day serves as a moment of reflection and gratitude. It reminds the nation of the core principles that led to the creation of Pakistan—unity, faith, and discipline. It is also a call to action for the younger generation to uphold the values of hard work, patriotism, and national integrity to ensure a prosperous future for the country.

Pakistan Day is more than just a historical milestone; it is a testament to the resilience and determination of the Muslims of the subcontinent. It is a day to honor the sacrifices of the past and reaffirm the commitment to building a strong and progressive Pakistan. As the nation moves forward, it must continue to uphold the principles of justice, equality, and unity that were at the heart of the Pakistan Movement.

May Pakistan continue to shine as a beacon of hope, strength, and prosperity for generations to come. Pakistan Zindabad!

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