Development of Rashakai SEZ to boost industrialization: PM

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ISLAMABAD: Prime Minister Imran Khan says the development of Rashakai Special Economic Zone will help boost industrialization and create job opportunities in the country.

Addressing the ceremony of Rashakai Special Economic Zone development agreement between Pakistan and Chinese companies in Islamabad on Monday, he termed the initiative as a golden opportunity for industrial development of the country.

The Prime Minister said the completion of this economic zone will promote ease of doing business in the country and facilitate the local and foreign investors.

Highlighting the strategic significance of Rashakai Special Economic Zone, he said the development of this zone and peace in Afghanistan will help develop connectivity to Central Asia that can change the destiny of the region.

The Prime Minister said Uzbek leadership has shown interest in developing rail track from Mazar Shareef Afghanistan to Peshawar and it can trigger a revolution for industrial growth in the country.

He said the mega ML-1 project will also help promote local businesses as it will reduce the traveling time between Karachi and Lahore to just eight hours.

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