CPEC parliamentary committee briefed on special economic zones

By Masood Sattar Khan
(Pakistan News & Features Services)

Matters pertaining to taxes and duties for Special Economic Zones (SEZs) came under discussion at the parliamentary committee on the China-Pakistan Economic Corridor (CPEC).

It was held that issues pertaining to taxes and duties of three SEZs namely Rashakai, Dhabeji and Faisalabad to be taken up with the State Bank of Pakistan (SBP) and the Federal Board of Revenue (FBR). 

The committee advised the Board of Investment (BoI), the FBR and the SBP to resolve issues of these special economic zones on a priority basis so that the early harvest projects could be ready for economic activities. 

The committee was chaired by MNA Sher Ali Arbab and was briefed by the Chairman of the National Highway Authority (NHA) about the ongoing and completed infrastructure projects under the CPEC. 

The chairman directed that every provision and concession, facilitating industrial growth and import substitution and leading to export-based industry, may be made available. 

Noor Alam Khan, Sadaqat Ali Abbasi, Umer Aslam Khan, Khan Muhammad Jamali, Zille Huma, Ahsan Iqbal Chaudhary, Sardar Ayaz Sadiq, Mehnaz Akbar Aziz, and Muhammad Aslam Bhootani were among those having attended the meeting.