QUETTA: The work on two Special Economic Zones (SEZs) to be established in Hub and Bostan has been scheduled to initiate in July, announced the authority.
While commenting on the development, the Balochistan Investment Board Chief Executive Farman Zarkoon appreciated the efforts made by the federal government to boost Balochistan’s development.
The Hub Economic Zone worth Rs4 billion will be established on a total area of 406 acres. Along with generating employment, the Hub SEZ will house an extensive range of industries including power generation, food, pharmaceuticals, chemicals, oil lubricants, cement manufacturing, mineral grinding, steel grinding, marble and metal processing industries.
On the other hand, Bostan Industrial Zone will be set up on 1,000 acres of land under Phase II of China Pakistan Economic Corridor (CPEC), out of which 200 acres of land already developed.
During the construction of the project, the government has announced to provide basic infrastructure, including roads, street lights and other facilities in the area.
In addition to being connected with the Quetta Airport at a distance of 23km, the zone will also be linked to the Karachi seaport at a distance 713km and to Gwadar at a distance of 976km.
The Quetta dry port would be located a distance of 32km from the zone, whereas the highway N-50 will be running adjacent to the land.
For more news and blogs, visit Graana.com.
