The government has signed an agreement with Chinese and local investors to establish the “Dhabeji Special Economic Zone” in the Thatta area of Sindh, Pakistan.
According to a report by national media, the Special Economic Zones established under CPEC with the support of SIFC aim to support economic revival. The strategic location of the Special Economic Zone, close to the ports of Karachi, will provide excellent connectivity to global trade routes.
It is worth noting that, according to authorities’ expectations, the “Dhabeji Special Economic Zone” will attract an investment of $3 billion and create more than 100,000 jobs, while the agreement is being described as an important milestone in industrial cooperation between Pakistan and China to revive the country’s economy.
The “Dhabeji Special Economic Zone” has been declared an important hub for local and international investors. In the second phase of CPEC, the “Dhabeji Special Economic Zone” will be completed under the public-private partnership model.
Chinese businesses are keen to increase their presence in the “Dhabeji Special Economic Zone.” The Dhabeji Special Economic Zone will promote industrial development, increase exports, and support self-reliance in Pakistan’s economy. This important project, supported by SIFC, will play a significant role in making Pakistan’s economy sustainable and self-sufficient.
