Home Latest News CPEC special economic zones would create tons of employment possibilities in Pakistan: official.
Latest News - December 16, 2022

CPEC special economic zones would create tons of employment possibilities in Pakistan: official.

According to a senior official, the four special economic zones (SEZs) being established as part of the China-Pakistan Economic Corridor (CPEC) are expected to create over 1 million indirect jobs in Pakistan in addition to roughly 575,000 direct jobs.

According to S.M. Naveed, chairman of the Special Economic Zones Authority, the economic zones being constructed in Pakistan’s Khyber Pakhtunkhwa (KP), Punjab, Sindh, and Baluchistan provinces would provide a wealth of job and business prospects for Pakistanis.

The official stated, “We have conducted a study to assess job opportunities in four out of nine SEZs, including KP’s Rashakai, Punjab’s Allama Iqbal, Sindh’s Dhabeji, Balochistan’s Bostan, to find out potential jobs and industries in the SEZs. The SEZs offer employment in different fields for which the local youth would be trained prior to the beginning of the industrial phase.

In addition to finding decent work in the economic zones, the educated and skilled labour and engineers would also make it possible for Chinese and local businesses to hire talented experts from the surrounding areas, he noted. Food processing, cooking oil, ceramics, gem and jewellery, marble, minerals, agricultural machinery, iron and steel, motorcycle assembly, electrical appliances, and vehicles are just some of the possible businesses that may be established in the CPEC special economic zones.

ISLAMABAD, Dec. 15 (Xinhua) — Four special economic zones (SEZs) being set up under the framework of the China-Pakistan Economic Corridor (CPEC) are likely to generate about 575,000 direct and over 1 million indirect jobs in Pakistan, a senior official said on Thursday.

The economic zones being established in the country’s Khyber Pakhtunkhwa (KP), Punjab, Sindh and Balochistan provinces would bring about immense opportunities for Pakistani people in job and business sectors, Chairman of Special Economic Zones Authority S.M. Naveed said.

“We have conducted a study to assess job opportunities in four out of nine SEZs, including KP’s Rashakai, Sindh’s Dhabeji, Punjab’s Allama Iqbal and Balochistan’s Bostan, to find out potential jobs and industries in the SEZs,” the official said, adding that the SEZs offer employment in different fields for which the local youth would be trained before the initiation of the industrial phase.

The trained and skilled labor and engineers would not only get good jobs in the economic zones but also enable Chinese and local companies to recruit skilled professionals from local areas, he added.

The potential industries being set up in the CPEC special economic zones include food processing, cooking oil, ceramics, gems and jewelry, marble, minerals, agriculture machinery, iron and steel, motorbike assembling, electrical appliances and automobiles.

Launched in 2013, CPEC is a corridor linking Pakistan’s Gwadar Port with Kashgar in northwest China’s Xinjiang Uygur Autonomous Region, which highlights energy, transport and industrial cooperation.

Comments Off on CPEC special economic zones would create tons of employment possibilities in Pakistan: official.

Check Also

CPEC’s Success Story: $25 Billion Invested Across 38 Completed Projects

ISLAMABAD: A total of 38 projects worth over $25 billion have been completed and 23 develo…