Board of Investment unveils SEZ reforms to attract investors
The Board of Investment (BoI) has completed a survey of special economic zones (SEZs) and is introducing 150 reforms to attract local and international investors, particularly from China. The information was shared during a meeting presided over by Minister for Board of Investment Abdul Aleem Khan on Wednesday. According to a press release, the reform process will be implemented in SEZs based on an environmentally friendly model and will be declared as ‘Green Pakistan Investment’. Further steps have also been agreed upon to support this initiative. Shifting industries from China to these SEZs will be prioritised. Additionally, countries other than China will also be encouraged to invest in these SEZs.