Work on KP Special Economic Zone to start in June

Continuing the pace at which work for CPEC in underway, a Chinese company is all set to start work on the Rashakai Special Zone from this June in Khyber Pakhtunkhwa (KP) – the first of many industrial parks to be built under the CPEC umbrella.

Wu Guisheng, VP of China National Engineering Electric Co Ltd, while talking to Chinese media said that work will begin next month in partnership with a Pakistani company to construct the Zone. The project has been approved by KP Administration and Chinese government. He also said that the CPEC is not only a road project but it is a comprehensive plan to develop the national economy. The planned site of Rashakai Special Economic Zone will be 50 kms away from CPEC Railway route as well as Peshawar. The zone would be spread on a total area of 4.04 square km.

The Zone would home a wide array of manufacturing and hi-tech companies, boosting Pakistan’s economy and increasing employment.

Vice President, CNEEC, also said that China understands the importance of employing local talent. He said that the major employees in the project completed by CNEEC in Lahore last year were also the locals.  He said that it is unfeasible to maintain any large construction team in any foreign country, so it was important to recruit local people to try an impart training to them and developing their expertise.