Pakistan agrees to IMF ban on new economic zones D_Trends

Pakistan agrees to IMF ban on new economic zones D_Trends

Pakistan has accepted a key condition set by the International Monetary Fund (IMF) under the pending $7 billion Extended Fund Facility (EFF), agreeing not to establish any new Special Economic Zones (SEZs) or Export Processing Zones (EPZs) and to discontinue tax incentives for existing zones after their expiration. According to a news report, this decision … Read more

4 tech zones set up amid increased surveillance D_Trends

4 tech zones set up amid increased surveillance D_Trends

KARACHI: The Special Technology Zones Authority (STZA) has announced the creation of four new special technology zones (STZs), with an investment of Rs30 billion in infrastructure. The initiative aims to generate 50,000 jobs and boost IT exports by $350 million annually over the next two to four years. In a statement issued on Thursday, the … Read more

STZA notifies four new special technology zones D_Trends

STZA notifies four new special technology zones D_Trends

ISLAMABAD: In line with the vision of the Prime Minister and the Federal Government to enable job creation for the youth and prioritise the technology sector, Special Technology Zones Authority (STZA) announced the notification of four new Special Technology Zones (STZs). These four new zones consists of 1.4 million Sqft high-quality tech infrastructure and 130 … Read more

Setting up power plants near industrial zones D_Trends

Setting up power plants near industrial zones D_Trends

KARACHI: Right from the era of 5,000-year-old Mohenjo Daro to the 21st century, the enormous terrain of this peninsula remains the cradle of Indus Valley civilisation. The Indus or Sindhu Darya, after originating at Ladakh, flows a thousand miles to unite with the salty waters of Arabian Sea, containing erosion of the coastal area as … Read more