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Prime Minister Imran Khan on Friday said that the country’s Special Economic Zones (SEZs) will provide Chinese industries the requisite environment to relocate to Pakistan.
“There are many industries that wish to relocate from China. We had yet to provide them the environment for them to relocate to Pakistan. This special economic zone is that environment that China seeks,” said the prime minister.
“China’s Premier Li has said clearly that if we provide them the environment, they will push Chinese industries to Pakistan. “They will not only invest in Pakistan, but transfer technology and increase our productivity,” said the premier.
The premier’s remarks came after he performed the groundbreaking of the state-of-the-art Allama Iqbal Industrial City in Faisalabad. The industrial city, meant for housing foreign and local investors besides giving impetus to economic activities in the country, is a mega project of the Special Economic Zone of Faisalabad Industrial Estate Development and Management Company (FIEDMC) under the China-Pakistan Economic Corridor.