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Federal Minister for Planning, Development and Special Initiatives, Asad Umar, chaired a progress review meeting on the development and groundbreaking of Rashakai Prioritized Special Economic Zone under CPEC Framework.

Provincial Finance Minister KP, Taimur Khan Jhagra, and senior officials of the Federal and Provincial governments attended the meeting.

The officials briefed the meeting on the progress of work at the SEZ. It was informed that the camp office at the site had been established, and the first industrial unit had started its construction work within the Zone.

The Zone is getting an encouraging response as more than 2,000 investors indicated an interest in setting up their units in the SEZ. All such applicants will be processed transparently to allocate appropriate space within the Zone.


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The minister appreciated the work carried out by Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) and the development to setup Rashakai as the first SEZ in the PPP model.

He said that the relevant Federal agencies will be directed to provide all necessary support and assistance to make the SEZ a success.

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