The Government of Pakistan is fast-tracking the establishment of a state-of-the-art Special Economic Zone (SEZ) on 500 acres near Karachi, involving an investment of Rs 7 billion. This major development aims to boost industrial growth and exports, attract both domestic and foreign investors, and create high-quality employment opportunities in the region.
Presiding over a recent progress review meeting, Federal Minister of Planning Professor Ahsan Iqbal underscored the importance and anticipated benefits of the new SEZ. He highlighted that the special economic zone will be fully equipped with top-tier global-standard infrastructure, providing an attractive and business-friendly environment designed to facilitate investment and foster sustainable economic growth.
The initiative is expected to play a significant role in revitalizing Pakistan’s industrial base and boosting exports, closely aligning with the government’s ambitious 5Es framework—particularly pillars such as Exports, Equity, and Empowerment. According to authorities, the economic zone is designed to reduce reliance on imports by encouraging value-added manufacturing and consequently expanding exports to new markets.
Minister Iqbal emphasised Karachi’s strategic role as Pakistan’s industrial and commercial capital, affirming that the economic zone would be a crucial milestone in strengthening and sustaining national economic development.
