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The Pakistan Export Processing Zone Authority (EPZA) is an autonomous body established under the administrative control of the Ministry of Industries and Production (Pakistan). It is in charge of organizing, creating, and managing Export Processing Zones (EPZs) around the nation and functions in accordance with the EPZA Ordinance 1980. In order ...
The SEZs in Pakistan include: [3] [4] Industrial parks in Karachi; Karachi Export Processing Zone; Islamabad Model Special Economic Zone; Gwadar Special Economic Zone; Shaheed Benazir Bhutto Special Industrial Zone [5] Risalpur Export Processing Zone; Sialkot Export Processing Zone; Gujranwala Export Processing Zone; Khairpur Special Economic Zone
An export-processing zone (EPZ) is a specific type of FTZ usually set up in developing countries by their governments to promote industrial and commercial exports. According to the World Bank, "an export processing zone is an industrial estate, usually a fenced-in area of 10 to 300 hectares, that specializes in manufacturing for export.
The Islamabad Model Special Economic Zone (IMSEC) is a Special Economic Zone situated near Rawat, Islamabad, associated with the China-Pakistan Economic Corridor (CPEC). This represents the initial facility of its kind in the federal capital. It was inaugurated on 18 July 2023, with the foundation stone laid by Prime Minister Shehbaz Sharif.
The Rashakai Special Economic Zone (Rashakai SEZ) is a key initiative within the China-Pakistan Economic Corridor (CPEC) framework. Positioned in Rashakai, Nowshera, Khyber Pakhtunkhwa, it stands as one of the nine special economic zones planned for establishment between 2017 and 2030 as part of the CPEC initiative. Covering an area of around ...
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Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
Its functions, inter alia, include provision of improved marketing infrastructure like establishment of agro processing zones, cold chain system, processing plants (for value added products). In 2019, Pakistan had targeted Philippines and China to further boost kinnow exports to these two countries. [4]