Economic activity of $10bn to be generated from Gwadar Port and Free Zone: Asim Bajwa

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GWADAR: The Chairman China Pakistan Economic Corridor (CPEC) Authority, Asim Bajwa has informed that the Gwadar Port and Free Economic Zone have the potential to generate economic activity of $10bn in the country.

Speaking on the occasion, the Chairman was of the view that with Gwadar Port becoming fully operational numerous manufacturing activities will be started in the region which will also create job opportunities for the locals.

The Chairman also informed that the infrastructure on Gwadar Port has been completed at the cost of Rs300mn.

While sharing the information on Gwadar Free Zone, the chairman informed that the first phase of development has been completed and almost 47 business enterprises have been registered. 


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Islamabad Tech Zone: PM okays Special Technology Zone Rules 2021

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ISLAMABAD: In a meeting chaired by Prime Minister (PM) Imran Khan of Special Technology Zones Authority, the PM approved the Special Technology Zone Rules 2021.

In the meeting, the Prime Minister was of the view that digitalisation of major aspects is among the foremost priorities of the government.

The PM also directed the relevant authorities to expedite the work on the development of the Islamabad Special Technology Zone.

According to the details, the meeting also discussed the potential of technology transfer, promoting research culture, and creating job opportunities for youth. 


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