Categories: Technology

Govt to initiate work on Hub, Bostan SEZs in July

QUETTA: The work on two Special Economic Zones (SEZs) to be established in Hub and Bostan has been scheduled to initiate in July, announced the authority.

invest with imarat

Islamabad’s emerging city centre

Learn More

While commenting on the development, the Balochistan Investment Board Chief Executive Farman Zarkoon appreciated the efforts made by the federal government to boost Balochistan’s development.

The Hub Economic Zone worth Rs4 billion will be established on a total area of 406 acres. Along with generating employment, the Hub SEZ will house an extensive range of industries including power generation, food, pharmaceuticals, chemicals, oil lubricants, cement manufacturing, mineral grinding, steel grinding, marble and metal processing industries.

On the other hand, Bostan Industrial Zone will be set up on 1,000 acres of land under Phase II of China Pakistan Economic Corridor (CPEC), out of which 200 acres of land already developed.

During the construction of the project, the government has announced to provide basic infrastructure, including roads, street lights and other facilities in the area.

In addition to being connected with the Quetta Airport at a distance of 23km, the zone will also be linked to the Karachi seaport at a distance 713km and to Gwadar at a distance of 976km.

The Quetta dry port would be located a distance of 32km from the zone, whereas the highway N-50 will be running adjacent to the land.

For more news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Punjab Approves PKR 15.76 Billion Development Projects for Roads, Wildlife, and Tourism

Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…

15 hours ago

LCCI establishes Rs3m Emergency Fund for KPK flood-hit people

LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…

3 days ago

Saudi Banks’ Lending Surges to SR3.2 Trillion in June, Propelled by Corporate Demand

RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…

3 days ago

CDA Sets 3-Month Deadline for Rs1.4B T-Chowk Flyover

ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…

4 days ago

Future Salalah City Announced: 60,000-Resident Urban Project to Transform Dhofar

SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…

5 days ago

Approval Granted for Gwadar’s Eastbay Expressway Phase II

Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…

1 week ago