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Assessment of Special Economic Zones in Pakistan : Suggesting Steps Towards Improved Performance (Inglês)

Virtually all major district headquarters in the country have an industrial estate or an industrial area that receives infrastructure and special incentives. To facilitate the development of Pakistani industry, in 1952 the government established the Pakistan Industrial Development Corporation, with the mandate to build up the country’s industrial base, contributing to the emergence of a number of industrial clusters. The government of Pakistan enacted the SEZ Act 2012, establishing both federal and provincial SEZ authorities. SEZs are a popular policy option among governments seeking to attract new investment and create sustainable jobs. In 2013, the governments of Pakistan and China signed a memorandum of understanding to improve the lives of people in Pakistan and China by building an economic corridor, the China Pakistan Economic Corridor (CPEC) promoting bilateral construction, development, and connectivity. One of the key tasks under CPEC is to establish Priority SEZs (PSEZs) along the economic corridor. Acknowledging the challenges identified in stakeholder interviews, this paper reviews global experiences in areas associated with these challenges in policy design, institutional set-up and delivery, site planning and location analysis, and infrastructure development.

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