Rashakai Special Economic Zone
China, the new economic powerhouse of the world, is implementing its plans to reach out to the world’s important strategic points and have a considerably dominant role in global market, through its ‘One Belt, One Road’ (OBOR) Initiative. Having unparallel global impact, this is an economic initiative unprecedented in the modern world history. China-Pakistan Economic Corridor (CPEC) is an important part of OBOR and is a real blessing for Pakistan’s faltering economy. In order to attract Chinese investors, a total of nine special economic zones (SEZs) have been planned under CPEC. Rashakai Special Economic Zone, the first of nine such zones proposed for Pakistan, is the latest SEZ for which a signing ceremony was held, on September 14, in the office of Prime Minister Imran Khan.
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