PM directs Punjab govt to provide preferential facilities to Chinese in PSEZ

Last updated on: 30 January,2022 11:23 pm

PM directs Punjab govt to provide preferential facilities to Chinese in PSEZ

ISLAMABAD (Dunya News) – Prime Minster (PM) of Pakistan Imran Khan on Sunday directed the Punjab government to provide preferential facilities to Chinese investors for investment in the Punjab Special Economic Zones (PSEZ).

According to sources, more than 20 Chinese companies are ready to invest in Pakistan while the necessary facilities are required in the special economic zones for which the Punjab government has been directed to complete the necessary steps for investment in the special economic zones.

Sources said that during his visit to Lahore, the Prime Minister directed in a high level meeting to expedite the Special Economic Zones and said that in order to accelerate economic activities, the facilities of government institutions in the Special Economic Zones should be ensured.

The proposal to equip at least one thousand acres of land in Special Economic Zones with necessary facilities for investment is under consideration. A meeting will be held on Monday to finalize several government initiatives and submit a report to the Prime Minister before his visit to China.