CPEC: Islamabad SEZ to give enormous push to business activity
by Shafqat Ali
ISLAMABAD, April 15 (Gwadar Pro) - A Special Economic Zone (SEZ) under the China-Pakistan Economic Corridor (CPEC) will give an enormous push to the business activity in this capital city and the surrounding areas, Capital Development Authority (CDA) chief said.
Speaking to Gwadar Pro, CDA Chairman Amer Ali Ahmed said the planned SEZ will benefit the local businesspersons and the residents.
Recently, CDA and Board of Investment (BoI) has decided in principle to set up a SEZ under CPEC along the proposed eastern bypass.
The CDA has already given approval for the engagement of Engineering and Chief Branch of the General Headquarters to conduct feasibility service for the Eastern Bypass of Islamabad.
The Authority has allowed the planning wing to sign an agreement with Engineering and Chief Branch of the General Headquarters to get their consultancy services to determine the alignment of eastern bypass of Islamabad and conduct a feasibility study in this regard.
The proposed bypass would provide an alternate route to the traffic coming in and out from Murree and Azad Jammu Kashmir while it would also be linked with the purposed ring road of the Rawalpindi.
The project would also reduce traffic pressure from the existing road of capital city including the Islamabad Expressway.
The CDA Chairman said SEZ will boost industrial activities and create job opportunities in Islamabad.
“SEZ will be a good news for the residents of Islamabad. It will boost business and provide a space for shopping to the people among other benefits,” he said.
（Editor:Liao Yifan）
