Nine Proposed Priority SEZs under CPEC and SEZ Act; An Approach to Industrial Development

Dr. Ahsan Abbas, Saira Ali

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Abstract

SEZs are promoted around the globe mainly in less developed countries as a strategy to industrialize and to accelerate the economic growth. The growing number of zones are the evidence of this “second best”1 (Farole, 2010) and cornerstone (UNIDO, 2015) strategy for the country’s economic growth. Pakistan has announced SEZs to support the strategy of export promotion and import substitution. This paper discusses the SEZs prioritized under CPEC portfolio and highlights the geographical comparative advantage in terms of availability of natural resources, means of connectivity (road, rail, airport, sea port and dry port), and human resource and identified potential industries based on the factor endowment of the region.

Keywords

SEZ, human resource, potential industries

Dr. Ahsan Abbas
Senior Research Fellow
Centre of Excellence
Saira Ali
Research Associate
Centre of Excellence

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