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Home Business

CPEC’s Rashakai economic zone to be a game-changer for KP

by News Desk
June 8, 2021
in Business, Economy, Entrepreneurship
Reading Time: 1 min read
Rashakai economic zone
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The China-Pakistan Economic Corridor (CPEC) is now in its second phase of development andRashakai Economic Zone be a game-changer for KP, in spite of speculations that work on the $62 billion connectivity project had slowed down.

In the previous week, the Rashakai Special Economic Zone (SEZ) in Khyber Pakhtunkhwa was rolled out, kicking off phase II of CPEC. The Rashakai zone, located close to Nowshera, is one of the nine special economic zones to be established under the CPEC between 2017 and 2030.

The Rashakai zone will be spread over 1,000 acres of land and for it China’s Century Steel Pvt. Ltd. is also relocating to Pakistan.

Tags: Century Steel Pvt. LtdChina-Pakistan Economic CorridorCPECgame-changerNowsheraRashakai economic zoneRashakai Special Economic Zone (SEZ)
News Desk

News Desk

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