ISLAMABAD: Pakistan has completed a survey of Special Economic Zones (SEZs) as part of efforts to facilitate the relocation of Chinese firms and make these zones suitable for international businesses, Federal Minister for Investment Abdul Aleem Khan said on Wednesday.
The government aims to attract foreign investment from friendly nations, including China and Gulf countries, and established the Special Investment Facilitation Council (SIFC), a hybrid civil-military body, last year to eliminate bureaucratic hurdles and provide a one-window operation for foreign businesses.
The survey, which included aerial assessments using drone technology, identified the resources and challenges of SEZs across the country.
“These zones will incorporate special measures to facilitate the relocation of Chinese industries,” the investment minister was quoted as saying in an official statement, though he added the country would also welcome investments from other countries.
Officials in Islamabad and Beijing launched the multibillion-dollar China-Pakistan Economic Corridor (CPEC), which initially focused on energy and infrastructure projects but now plans to transition into the next phase with an aim to boost industrial production and exports.
Earlier this year, Prime Minister Shehbaz Sharif undertook a five-day visit to China, where he met representatives of leading Chinese businesses and urged them to invest in Pakistan and relocate their operations to SEZs.
The development came as Pakistan recovers from a prolonged economic crisis with external financing, while the government acknowledges the need to enhance industrial and agricultural output and exports through increased international investment.
Khan directed Pakistani embassies to engage foreign investors actively and asked relevant officials to establish a “Pride of Pakistan” group for key international stakeholders.
He said the government aimed to introduce about 150 reforms to enhance SEZ operations and improve their overall efficiency.
The steps would include environmentally sustainable practices under the “Green Pakistan Investment” model, focusing on eco-friendly infrastructure, renewable energy and sustainability measures to attract global investors.
Specific zones, such as Karachi’s industrial hub, will be linked to Port Qasim with enhanced infrastructure and facilities.
The minister and other officials also discussed the construction of a business facilitation center in a meeting and reviewed the “Ease of Doing Business Act 2024,” which aims to streamline investment processes further.

ISLAMABAD: Saudi Arabia seeks to strengthen parliamentary and economic ties with Pakistan and is keen to assist the National Assembly in the field of technology, the Kingdom’s Shura Council Chairman Dr. Abdullah bin Mohammed bin Ibrahim Al Sheikh said on Wednesday during his visit to Pakistan.
Dr. Al Sheikh is on a three-day visit to Pakistan, during which he has met with Prime Minister Shehbaz Sharif, who described relations with the Kingdom as a “vital pillar” of Pakistan’s foreign policy.
Both countries are longtime allies, with Islamabad seeking closer economic, defense and security ties with the Kingdom, which hosts approximately 2.5 million Pakistani expatriates and remains the largest source of remittances for the cash-strapped South Asian nation.
“Saudi Arabia aspires for a prosperous and developed Pakistan,” the Saudi official said according to an official statement circulated in Islamabad, following high-level meetings with Pakistan’s parliamentary leadership, including National Assembly Speaker Sardar Ayaz Sadiq and Senate Chairman Syed Yusuf Raza Gilani.
During his meeting with Speaker Sadiq, both officials emphasized the importance of enhancing bilateral parliamentary and economic relations.
Al Sheikh expressed gratitude for the warm reception and reiterated the shared cultural, historical and religious ties between the two nations.
“The rapidly changing global environment demands closer bilateral cooperation,” Sadiq said, highlighting the significance of parliamentary exchanges and joint initiatives to further mutual interests.
Separately, the Saudi official met with Senate Chairman Gilani, where discussions focused on broadening institutional cooperation. Gilani lauded Saudi Arabia’s support for Pakistan and emphasized the importance of leveraging shared opportunities in trade, investment and defense.
“Saudi Arabia’s parliamentary delegation visit will mark a new milestone in our bilateral ties,” Gilani said, adding that both countries have always supported each other in times of need.
Al Sheikh reaffirmed the Kingdom’s commitment to Pakistan, emphasizing the longstanding friendship between the two nations.
“Saudi Arabia and Pakistan share a deep bond of respect and mutual trust, which serves as the foundation for our robust partnership,” he said.
Gilani noted that strengthening economic collaboration and exploring investment opportunities were key to deepening ties further, while encouraging Saudi investors to actively explore ventures in Pakistan.
The meetings also covered joint efforts to promote unity among the Muslim Ummah and to enhance cooperation on global forums.