Categories: Technology

Govt to initiate work on Hub, Bostan SEZs in July

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.

invest with imarat

Islamabad’s emerging city centre

Learn More

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.

Maham Tahir

Recent Posts

28% Growth Pushes Oman’s Real Estate to $8 Billion in Record Time

Oman’s property sector is making headlines for all the right reasons, with transaction values surging…

1 hour ago

Massive Rs800bn Gold Reserve Discovered in Attock

A staggering discovery of gold reserves - valued at Rs800 billion - has been claimed…

2 hours ago

A Comprehensive Guide to the UK Student Visa

The United Kingdom is a top destination for international students, renowned for its prestigious universities,…

1 day ago

Dubai to Launch Flying Taxis by 2026, with UAE’s First Flying Taxi Station DXV

Imagine waking up on a random Tuesday and hailing a flying taxi to work. Sounds…

2 days ago

Punjab CM Allocates Rs. 62 Billion for Affordable Housing Initiative

Punjab Chief Minister Maryam Nawaz Sharif has set a target to issue 40,000 housing loans…

2 days ago

6-Month KIBOR Down to Roughly 3-Year Low As Inflation Rate Slows

As of January 10, 2025, Pakistan's benchmark interest rate stands at 11.89 percent, according to…

2 days ago