ECC wants expedited utilities provision at special economic zones – Pakistan

Tempo de leitura: 1 minuto

The ECC meeting presided over by Minister for Finance Asad Umar also approved Rs833 million to clear dues to the employees of Pakistan Machine Tool Factory (PMTF). 

The meeting – cut short by an engagement of Prime Minister Imran Khan – deferred discussions on measures for better placement of human resource abroad at improved wages. 

In a presentation, Chairman Board of Investment (BoI) Haroon Sharif informed the ECC that not more than 10pc electricity and gas was available at all the 10 SEZs currently considered in progress. These included three prioritised SEZs under the China-Pakistan Economic Corridor (CPEC) and seven new SEZs in pipeline. 

The meeting was informed that total electricity requirement of these 10 SEZs stood at 972MW but only 96.7MW capacity had so far been made available. About 740MW electricity was required for three prioritised SEZs and 400MW for the remaining seven. Likewise, the total requirement of gas had been worked out at 248.5 million cubic feet per day (mmcfd) but only 25mmcfd gas was available. 

For example, the Faisalabad M3 SEZ was on the top priority, but only 60MW had been made available to it against a requirement of 360MW while Bin Qasim Park had been given only 4.5MW against its requirement of 160MW. Quaid-e-Azam Apparel Park required 240MW though electricity available at its gates was no more than 2.2MW. 

Almost similar conditions prevailed at the other SEZs as well both in terms of gas and electricity availability, the meeting was informed. 

There were also governance related issued with SEZs in the absence of a tangible regulatory and enforcement arrangement or a body and SEZs were also being misused by the investors and there was no law that bind relocation of local industry inside SEZs. 

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