RASHAKAI PRIORITIZED SPECIAL ECONOMIC ZONE UNDER CPEC
A flagship project of Government of KP & KPEZDMC, Rashakai Special Economic Zone is spread over an area of approx 1,000 acres of land. This project is conceptualized by KPEZDMC, giving its incumbents an additional benefit of being an exceptionally preplanned Special Economic Zone of international standards. Rashakai Special Economic Zone is located on M1 Motorway at Mardan Interchange and links to CPEC through Burhan Interchange on M1 and Swat Express Way (CPEC route) on Karnal Sher Khan interchange connecting Dir, Chitral & Shandur to RSEZ. Due to its central position in Province, the Company foresees it to be the imminent trade hub of Khyber Pakhtunkhwa. The main strength of this Economic Zone is it’s strategic location by being connected to the other districts of the Province. In pursuance of the MOUs signed in KP-China Roadshow (April 2017), the Government of Khyber Pakhtunkhwa after deliberations signed the concessional agreement with the China Road and Bridge Corporation(CRBC) to develop Rashakai Special Economic Zone (1000 acres) during PM Imran Khan visit to China at the invitation of Chinese President Xi Jinping to attended Second Belt and Road Forum and opening ceremony of the Beijing International Horticulture Exhibition 2019. Rashakai SEZ is the key milestone and the first project for implementation of industrial cooperation under CPEC. CRBC in JV with KPEZDMC plans to develop a 1000 acres of land as Special Economic Zone at Rashakai. CRBC will market the Zone to local and foreign investors. Rashakai Special Economic Zone will have industries like Pharmaceutical, Textile, Food & Beverages, Steel and various engineering related industries. This initiative by the Government of KP will provide direct & indirect job opportunities to 200,000 locals of the region once the SEZ is fully colonized. Investment of multi billion is expected by industrialists from Pakistan and abroad. Online applications for RSEZ is open and applications of hundreds of acres has already been received. A formal groundbreaking ceremony will be held soon which will be attended by PM Imran Khan. CEO KPEZDMC, Mr. Saeed Ahmed signed the Concessional Agreement with Chairman, CRBC Lu Shan in China. The signing ceremony was attended by PM Imran Khan and Chinese PM Li Keiqiang apart from high level delegation from Pakistan and China.
HATTAR SPECIAL ECONOMIC ZONE
Hattar Special Economic Zone (HSEZ) 424 acre is the first Special Economic Zone in KP, launched by KPEZDMC. It is strategically located at 33 km from Islamabad and 6 km (approx) from a link to China Pakistan Economic Corridor (CPEC). Hattar Special Economic Zone has been a success for the Company, this can be assessed by the fact that the number of applications have far exceeded the number of available plots.