Rashakai SEZ: First phase of China-Pakistan Economic Corridor framework completed

The first phase of the Rashakai Special Economic Zone (SEZ), a flagship project under the China-Pakistan Economic Corridor (CPEC) framework, has been successfully completed. This milestone marks a considerable step forward in Pakistan’s industrial development and economic growth.

Located strategically in Nowshera, Khyber Pakhtunkhwa, the Rashakai SEZ spans 1,000 acres and offers state-of-the-art infrastructure and operational facilities to attract local and international investors.

The SEZ is a joint venture between the China Road and Bridge Corporation (CRBC) and the Khyber Pakhtunkhwa Economic Zone Development and Management Company (KPEZDMC), managed by the Rashakai Special Economic Zone Development and Operations Company (RSEZDOC).

Completing the first phase, covering 247 acres, has already seen numerous enterprises registering and beginning the construction of their industrial units. This development is expected to create thousands of jobs and significantly boost the local economy.

“The Rashakai SEZ is a game-changer for Pakistan’s industrial landscape,” said Ashraf Orakzai, Director of Utilities at the SEZ. “With its strategic location and comprehensive facilities, it is poised to become a hub for high-tech industries and a catalyst for economic growth.”

The SEZ’s location offers unique advantages. It is close to major consumer markets in Khyber Pakhtunkhwa, Punjab, Southwest China, Afghanistan, and Central Asia. It is also well-connected via the Motorway (M1) and is near crucial trade routes, including the Khunjerab Pass and the Torkham Border.