Special Investment Equipment Council (SIFC) has directed the Energy Department to take steps to reduce the electricity tariff for SEZS to a regional competitive rate of 9 cents per unit. The decision, which aims to attract investment, was made at a modern meeting of the SIFC Apex Committee, headed by the Prime Minister and attended by the President of the Army, the Prime Minister and senior officials.
The committee also decided to convert Sezs from A. Real estate model to Classic SEZ model To enhance its effectiveness. The Energy Department has been assigned to give the priorities of projects that guarantee the stability of the network and prevent unanimous current interruption.
In addition, accommodation for foreign investors, known as the name Foreign pocketIt will be developed inside or near Sezs, which provides basic facilities while reducing security risks.
Province governments have been directed to explore the creation of a group of bulletproof vehicles to use rent by private sector investors. SEZS security measures will also be strengthened through custom police units and special forces.
The Investment Council (BOI) and SEZ authorities must ensure that housing facilities are included for workers and investors in development plans, while supporting funding from federal governments and provinces.
The main plans of Sezs should be updated by March 31, 2025, while MOQPondass Sez will be notified in Gilgit-Baltistan, which extends over an area of 400 acres, officially, with immediate participation of Chinese investors for development.
To address legal complications, amendments will be made to the SEZ law, including the establishment of SEZ courts and grievances of the investment grievances at the boycott level.
To enhance SEZ productivity, BOI will take measures against non -performance institutions either by canceling the area of the region or granting a one -year grace period for commercial operations with fines.
The future industrial focus will be planned in groups, including textiles, information and electronics, pharmaceutical preparations, building materials, agricultural treatment, sports commodities, prosperity, and storage.
Federal and boycott One -store The Business Facilitation Center will be created by BOI, the Ministry of IT and regional authorities in cooperation with Sez Management.
SIFC stressed that the Council’s economic transformation plan, To the groove of Pakistan (2024-2029), aims to put Pakistan between G20 countries by 2037 and G10 by 2047. The forum urged provinces governments to appoint senior officials as pivotal persons to coordinate SIFC for investment and industrial development.
