Skip to main content

CPEC parliamentary committee briefed on special economic zones

By Masood Sattar Khan
(Pakistan News & Features Services)

Matters pertaining to taxes and duties for Special Economic Zones (SEZs) came under discussion at the parliamentary committee on the China-Pakistan Economic Corridor (CPEC).

It was held that issues pertaining to taxes and duties of three SEZs namely Rashakai, Dhabeji and Faisalabad to be taken up with the State Bank of Pakistan (SBP) and the Federal Board of Revenue (FBR). 

The committee advised the Board of Investment (BoI), the FBR and the SBP to resolve issues of these special economic zones on a priority basis so that the early harvest projects could be ready for economic activities. 

The committee was chaired by MNA Sher Ali Arbab and was briefed by the Chairman of the National Highway Authority (NHA) about the ongoing and completed infrastructure projects under the CPEC. 

The chairman directed that every provision and concession, facilitating industrial growth and import substitution and leading to export-based industry, may be made available. 

Noor Alam Khan, Sadaqat Ali Abbasi, Umer Aslam Khan, Khan Muhammad Jamali, Zille Huma, Ahsan Iqbal Chaudhary, Sardar Ayaz Sadiq, Mehnaz Akbar Aziz, and Muhammad Aslam Bhootani were among those having attended the meeting.

Comments

Popular posts from this blog

KDSP: Empowering Individuals with Down Syndrome in Karachi

The Karachi Down Syndrome Program (KDSP), a beacon of hope and support, is making significant strides in empowering individuals with Down syndrome in the city. Founded in March 2014 by a group of passionate parents and individuals, KDSP addresses the critical need for comprehensive resources and platforms for those with Down syndrome in Karachi. Bridging the Gap: A Mission of Advocacy and Inclusion KDSP operates as a non-profit organization with a clear mission: to advocate for the value, acceptance, and inclusion of individuals with Down syndrome. Recognizing the limited support and resources available locally, KDSP was established to provide a nurturing environment where individuals with Down syndrome can lead independent and fulfilling lives. A Lifelong Journey of Support Understanding the unique needs of individuals with Down syndrome and their families, KDSP offers unwavering support from the moment a family receives a diagnosis.  They embark on a journey with each family, pro...

China’s maize-soybean technology brings bumper harvest in Punjab

By Masood Sattar Khan (Pakistan News & Features Services) The harvest of maize-soybean strip inter-cropping demonstration in Bahawalpur, Punjab, was completed on July 6. The yields of soybean and maize reached 1,304 kg/ha and 8,596 kg/ha respectively, which exhibited satisfactory results. This was indeed encouraging news for local farmers who desired growing soybean without curbing the cultivation of maize, the Gwadar Pro, a Chinese website, reported July 7.  Maize harvest in this inter-cropping field outdistanced the country’s average maize yield which was only around 5,000 kg per hectare. Meanwhile, the farmers received considerable soybeans as an additional return.  As the selling price of soybean was two to three times that of maize, when comparing the two crops as a whole, the overall economic benefit had been significantly improved.  “If you calculate the total benefits, maize-soybean inter-cropping will be the best system in terms of i...

China’s top advisory body meets

By Masood Sattar Khan (Pakistan News & Features Services) The third annual session of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) opened on May 21, after being delayed for more than two months because of the COVID-19 pandemic. Much is expected of this year's session of China's top political advisers as the country's goal of building a moderately prosperous society in all aspects is expected to be realized by the end of this year, which is also the final year of the country's 13th Five-Year Plan (2016-20).  The CPPCC National Committee gathers the country's smartest minds from different walks of life.  Their ideas have contributed a great deal to what this country has achieved in its endeavors in poverty alleviation, in making progress in all fields for the realization of the goal of building China into a moderately prosperous country in all aspects. And so have their inputs into the fight against the novel co...