Pakistan

Export Processing Zones in Pakistan

In 1980, the Export Processing Zones Authority (EPZA), Pakistan was established with the mandate to plan, develop and operate Export Processing Zones in Pakistan. The main objectives of development of Export Processing Zones in Pakistan were to boost industrialization on regional basis and enhance the country’s export by providing a conducive environment to enable investors to setup export oriented units which would, as a consequence, create job opportunities, bring in new technology and know-how, and attract foreign investment. The administrative ministry of EPZA is Ministry of Industries & Production. EPZA is headed by a Chairman and its affairs are managed by the Board of Directors. The members of the Board are appointed from those organizations, which are concerned with imports & exports, foreign exchange transactions of Pakistan and from private sector. EPZA is planning to set up EPZs in close cooperation or under joint venture arrangement with private sector.

in Pakistan, following are the export processing zones:

Karachi Export Processing Zone

The EPZA’s first project was Karachi Export Processing Zone (KEPZ). KEPZ is planned over an area of approximately 500 acres. It is located at a distance of 10 km from Port Qasim and 30 km from Karachi Port.

The EPZA chose Karachi as its first processing zone due to it being an important geographical location, as Karachi is located at the center of main international trade routes both sea and air. An international airport and seaport at Karachi further enhances its key role. Also because of availability of support services, availability of high quality technical & professional manpower at low cost, offices of all leading financial institutions, shipping companies & airlines, moderate temperature/climate throughout the year, highly developed & advanced low cost residential/commercial areas with high rise buildings ideal for expatriates.

Sialkot Export Processing Zone

Sialkot Export Processing Zone (SEPZ) is located in Punjab. EPZ Sialkot comprising 238 acres is located at Sambrial at a distance of 20 kilometers on Sialkot-Wazirabad highway. Being highly potential area, out of 881 plots about 95% already stand booked. There is a large scope of establishment of high-tech industry in the fields of surgery, sports and leather garments particularly due to abundant availability of skilled manpower. It is envisaged that this zone will create employment opportunities for around 30,000 people.

Risalpur Export Processing Zone

It is located in the Frontier Province. EPZ Risalpur comprising 92 acres has direct access to the central Asian markets. The zone is located at a distance of about 50 kilometers from Peshawar near Mardan interchange on IslamabadPeshawar motorway section. The area has the potential of trading and warehousing business, mineral, fruits & vegetable processing, marble & granite, food & sweets, carpet and furniture industry due to availability of respective raw material and cheap skilled labor Multinational Companies can use this site as a jumping board for the export of their goods to Central Asian Republics, Iran, and Afghanistan. It is envisaged that this zone will facilitate exports up to US$ 100 Million per annum and create employment for 7000 people.

Gujranwala Export Processing Zone

Gujranwala EPZ is located in Punjab about 3km on main Gujranwala-Lahore G.T. Road. It is a joint venture between Punjab Small Industries Corporation (PSIC) and is ready for operational activities. There is a potential for light engineering, ceramics and cutlery. Its envisaged exports are US$ 400 million per annum and it will create 5000 jobs.

Tags

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles

Close