Peshawar: According to a recent news report, the Sarhad Chamber of Commerce and Industry (SCCI) received a Chinese delegation that appraised the business community about the significance and impact of the Rashakai Special Economic Zone (SEZ). Rashakai SEZ is being developed as part of the China-Pakistan Economic Corridor (CPEC) initiative in Khyber Pakhtunkhwa.
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According to sources, the delegation briefed SCCI representatives on the investment prospects and benefits open to the business community in the aforementioned SEZ. Rashakai SEZ, according to a Chinese official, is a critical project because it has the full support of China’s government and investors.
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SCCI President Sherbaz Bilour also spoke at the gathering, describing CPEC as a “shining example of Pak-China friendship” that is “working to bring economic stability and growth to the entire country.” According to him, the SEZ would draw investors from KP and provide work opportunities.
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