ISLAMABAD – Rashakai, one of the nine special economic zones prioritizedunder the China-Pakistan Economic Corridor framework is likely to startcommercial operation during the first quarter of this year.
The two sides are negotiating details on the implementation of the RashakaiSpecial Economic Zone.
During the 8th Joint Coordination Committee meeting held in Beijing lastmonth, China’s National Development Reforms Commission and Pakistan’s Boardof Investment signed the Memorandum of Understanding
Under the CPEC, so far nine special economic zones have been identified tobe established in different areas of Pakistan.
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One each in Punjab, Khyber Pakhtunkhwa, Balochistan and Islamabad, two inSindh and one each in FATA, Kashmir, and Gilgit-Baltistan.
