CPEC special economic zones (SEZ). This is an area in which business and trade laws are different from the rest of the country. SEZs are located within a country’s national borders, and their aims include increased trade, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically regard investing, taxation, trading, quotas, customs and labor regulations. Additionally, companies may be offered tax holidays, where upon establishing in a zone they are granted a period of lower taxation.
The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being little more than labor camps, with workers denied fundamental labor rights.
China Finance Based Projects
Type of Industry
Rashakai Economic Zone, M-1, Nowshera
• Airport 50 KM
• Dry port 65 KM
• Railway Station 25 KM
• Motorway 0 KM
• Highway 5 KM
• City Center 15 KM
Feasibility studies of SEZs is shared with Chinese side.