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Govt approves Karachi Industrial Park as federal SEZ
ISLAMABAD: The government has approved Karachi Industrial Park as a federal Special Economic Zone (SEZ) and endorsed a framework for government-funded utilities and allied infrastructure in privately established zones, seeking to attract export-oriented investment, reduce industrialisation costs and boost employment. The Federal Minister for Finance and Revenue, Muhammad Aurangzeb, on Friday chaired the 11th meeting of the Board of Approvals (BoA) for Special Economic Zones (SEZs), which discussed key measures to facilitate industrial investment, improve infrastructure provision, and promote t...
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