CPEC’s Economic Revival Takes a Leap with Establishment of Dhabeji Special Economic Zone

Karachi:In a significant development under the China-Pakistan Economic Corridor (CPEC), the government has reached an agreement with both Chinese and local investors to establish the *Dhabeji Special Economic Zone* in the Thatta region. This move, in collaboration with the Special Investment Facilitation Council (SIFC), is expected to play a crucial role in the economic revival of Pakistan.

The Dhabeji Special Economic Zone is strategically located near Karachi’s seaports, offering excellent connectivity to global trade routes. This proximity is expected to facilitate efficient trade and commerce. Experts are projecting an investment influx of around $3 billion, which is anticipated to generate over 100,000 jobs for the local population.

This agreement is being hailed as a major milestone in the industrial cooperation between Pakistan and China, marking a significant step toward economic revitalization. Under the second phase of CPEC, the *Dhabeji Special Economic Zone* will be developed through a public-private partnership model.

The zone will act as a vital hub for both local and international investors, attracting Chinese businesses keen on expanding their presence in the region. The establishment of the economic zone is expected to drive industrial growth in Pakistan, boost exports, and promote self-reliance within the country.

With the cooperation of the Special Investment Facilitation Council (SIFC), this initiative is set to play a crucial role in ensuring sustainable economic growth, reducing dependency, and fostering economic self-sufficiency for Pakistan.