国际英语资讯:Spotlight: Pakistan set for economic jumpstart under second phase of CPEC_时事

国际英语资讯:Spotlight: Pakistan set for economic jumpstart under second phase of CPEC

"The development and operations of the special economic zones (SEZs) will be one of the major focuses under the second phase of CPEC. To better populate and then run the SEZs, right investment strategies in addition to right industrial mix in the zones will be ensured," he said.

Keeping in view the enormous economic benefits of the SEZs, Pakistani Prime Minister Imran Khan has recently directed authorities concerned to fast-track the completion of the infrastructural work on the SEZs so as to facilitate foreign direct investments and establishment of industries.

Pakistan's Minister of Planning, Development and Reform Asad Umar said on Friday that the government is expected to perform the groundbreaking of the first special economic zone under CPEC by the end of December, adding that another two SEZs will be open within the current fiscal year.

However, Masood stressed that "the success of the SEZs would depend on a number of factors including geographical advantage, the business environment within the SEZs, the right industrial mix within the SEZs, presence of foreign firms and brands, linkages of the SEZs with the domestic economy (backward linkages) and SEZs enterprises integration in the global value chains."

"Implementation in the right direction of the devoted plans can change the destiny of the Pakistani generation considering the utilization and importance of the second phase of CPEC to its full potential."