Peshawar: Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan has said that the Rashakai Special Economic Zone (RSEZ) will serve as gateway to the regional and global markets, fostering trade and job opportunities for skilled workers. He added that the inauguration of Phase-1of (RSEZ) marks a significant milestone not only in our efforts to strengthen economy but also in the journey of China Pakistan Economic Corridor (CPEC).
He expressed these views while addressing the inaugural ceremony of the first phase of RSEZ as chief guest here on Friday. The ceremony was also attended by Caretaker cabinet members Barrister Feroz Jamal Shah Kakakhel, Manzoor Afridi, Pir Haroon Shah, Chief Secretary Nadeem Aslam Chaudhary and other senior officials.
On the occasion, the Chief Minister was briefed about RSEZ and it was told that the phase-1 of the economic zone comprises 247 acres of land having 18 zone enterprises including 7 under construction and an investment of Rs 85 billion is expected in the first phase of RSEZ.
Addressing the ceremony, Azam Khan said that the progress that has been made into the economic zone is a testament to our strong partnership with china and a symbol of our shared commitment to progress and prosperity. Further said that, ‘as we reflect on the past CPEC has been a transformative force, creating a part of progress and prosperity for the Pakistan adding that this ambitious project launched in 2013 has opened new avenues for the cooperation between China and Pakistan, fostering economic development, connectivity and regional integration’.
He went on saying that, the CPEC had laid the foundation for a decade of collaboration that had brought about numerous opportunities for our people.
‘today we gathered not only to celebrate the completion of Phase 1 of Rashakai Special Economic Zone but also to recognize and appreciate the remarkable contribution of China Road and Bridge Corporation and Khyber Pakhtunkhwa Economic Zones Development and Management Company; their unwavering commitment, dedication and expertise have been instrumental in turning the vision of Special Economic Zone into reality. As we move forward into the next phase of economic zone, I am confident that Rashakai special economic zone will continue to thrive as the hub of innovation, technology and industry’ he concluded.
