SPECIAL ECONOMIC ZONESPECIAL ECONOMIC ZONE

Presented bySindh Board of Investment

Special Economic Zones (SEZ)• The Government of Pakistan has passed the SEZ ACT 2012• The SEZ Act 2012 will help attract investment and promote better

infrastructure which in turn will provide a platform to help grow the economy,create social cohesion, enhance the environment and deliver better publicservices.

• First Application submitted by SEZA for SEZ Status has been approved on 11th

February 2014

Key Features of the ACT:

• One time exemption from all customs duties and taxes for Capital Goods importedfor the development, operation and maintenance of SEZ entity as well as for theSEZ Enterprise.

• Exemption from all taxes on income accruable in relation to the development andoperation of the SEZ as well as the Enterprise for a period of ten years.

• The Government of Pakistan has passed the SEZ ACT 2012• The SEZ Act 2012 will help attract investment and promote better

infrastructure which in turn will provide a platform to help grow the economy,create social cohesion, enhance the environment and deliver better publicservices.

• First Application submitted by SEZA for SEZ Status has been approved on 11th

February 2014

Key Features of the ACT:

• One time exemption from all customs duties and taxes for Capital Goods importedfor the development, operation and maintenance of SEZ entity as well as for theSEZ Enterprise.

• Exemption from all taxes on income accruable in relation to the development andoperation of the SEZ as well as the Enterprise for a period of ten years.

Special Economic Zones Authority (SEZA), Sindh

Establishment of SEZA, Sindh• Government of Sindh has notified established Special

Economic Zone Authority, Sindh as per Artice 10 of SEZAct 2012

• The SEZ Authority, Sindh is headed by the Chief Minister

Establishment of SEZA, Sindh• Government of Sindh has notified established Special

Economic Zone Authority, Sindh as per Artice 10 of SEZAct 2012

• The SEZ Authority, Sindh is headed by the Chief Minister

Formation of SEZAThe Chief Minister Sindh ChairpersonThe Minister Finance/Advisor on FinanceThe Chairman Sindh Board of Investment Vice Chairperson / Acting CEOThe Additional Chief Secretary P&D, GoSThe Secretary Finance, GoSThe Secretary Industries & Commerce, GoSThe Secretary Land Utilization Department, GoSThe Secretary Energy, GoSThe Secretary Energy, GoSThe Secretary Works and Services, GoSThe Secretary Livestock & Fisheries, GoSThe Secretary Agriculture, GoSThe President Karachi Chamber of CommerceTwo members appointed by the Chief Minister1) Mr. Nazar Hussain Mahar2) Mr. Mian Zahid HussainTwo members nominated by Board of Approval1) Mr. Maqsood Ismail, The Chief Executive, Ismail Ind.2) Mr. Asif Jooma, The Chief Executive, ICI Pakistan Ltd

The DG, Sindh Board of Investment

First Meeting of SEZ Authority, Sindh

It was held on 24th of September 2014 under the Chair of ChiefMinster Sindh.

Key Decisions:- Approval for submission of KSEZ Application to BOA for SEZ

Status The Appointment of two Members for SEZ Authority, Sindh

1) Nazar Hussain Mahar, 2) Mian Zahid Hussain Seed Money for functioning of the Authority

Legal/Financial Consultancy, Development of Rules,Agreements, Forms

Awareness Seminars, Training, Competency Development

Initial Operational Expenditure

It was held on 24th of September 2014 under the Chair of ChiefMinster Sindh.

Key Decisions:- Approval for submission of KSEZ Application to BOA for SEZ

Status The Appointment of two Members for SEZ Authority, Sindh

1) Nazar Hussain Mahar, 2) Mian Zahid Hussain Seed Money for functioning of the Authority

Legal/Financial Consultancy, Development of Rules,Agreements, Forms

Awareness Seminars, Training, Competency Development

Initial Operational Expenditure

Special Economic Zones (SEZ)Approved SEZ

• Khairpur Special Economic Zone, Khairpur*

Application Submitted to BOA :• Bin Qasim Industrial Park, Karachi• Korangi Creek Industrial Park, Karachi

Future SEZs• Pakistan Textile City, Karachi• Marble City, Karachi

* Development Agreement to be signed

Approved SEZ• Khairpur Special Economic Zone, Khairpur*

Application Submitted to BOA :• Bin Qasim Industrial Park, Karachi• Korangi Creek Industrial Park, Karachi

Future SEZs• Pakistan Textile City, Karachi• Marble City, Karachi

* Development Agreement to be signed

Khairpur Special Economic Zone (SEZ) 136 acres of Land allocated for the establishment of a dedicatedKSEZ near Sukkur, Sindh. The zone is being developed as a FutureHub for Agro processing and linked industry in the proximity ofDates, Banana, other horticulture producing area.

Construction of Main Gate, Administrative Building, dedicatedPolice Station complete. Construction on other infrastructurecomponents are in progress. Overall 75 percent work is complete

Waste to Energy Captive Power Plant of 20 MW to be establishedto provide uninterrupted power supply to the enterprises within thezone. The Feasibility Study Done. Six Companies submitted theirbids (Engro Powergen, Tapal, Gresham, Bilal Associates)

FIRST Industrial park in Pakistan to have been awarded the SEZStatus under SEZ Act 2012

136 acres of Land allocated for the establishment of a dedicatedKSEZ near Sukkur, Sindh. The zone is being developed as a FutureHub for Agro processing and linked industry in the proximity ofDates, Banana, other horticulture producing area.

Construction of Main Gate, Administrative Building, dedicatedPolice Station complete. Construction on other infrastructurecomponents are in progress. Overall 75 percent work is complete

Waste to Energy Captive Power Plant of 20 MW to be establishedto provide uninterrupted power supply to the enterprises within thezone. The Feasibility Study Done. Six Companies submitted theirbids (Engro Powergen, Tapal, Gresham, Bilal Associates)

FIRST Industrial park in Pakistan to have been awarded the SEZStatus under SEZ Act 2012

Marble City (SEZ)Formation of Sindh Stone Development Company (SSDC) with Marble& Granite Businessmen

300 acres land allotted by Government of Sindh Near NorthernBypass, Karachi

Consultant (M/S E & Y, Osmani And HaiderMota) Engaged forFeasibility Study, Master plan and Transaction Advisory Services:Prefeasibility Report/Inception report, Technical Viability Report, LegalReview carried out

Land Finalized, Possession to be handed over by revenue Officials

Economic Impact Accommodation of 170 value addition processing units Creation of 8,000 direct and 30,000 indirect jobs Establishment of Training Center, Warehouse, Common Facilities Better work environment and reduction of wastage through

efficient utilization

Formation of Sindh Stone Development Company (SSDC) with Marble& Granite Businessmen

300 acres land allotted by Government of Sindh Near NorthernBypass, Karachi

Consultant (M/S E & Y, Osmani And HaiderMota) Engaged forFeasibility Study, Master plan and Transaction Advisory Services:Prefeasibility Report/Inception report, Technical Viability Report, LegalReview carried out

Land Finalized, Possession to be handed over by revenue Officials

Economic Impact Accommodation of 170 value addition processing units Creation of 8,000 direct and 30,000 indirect jobs Establishment of Training Center, Warehouse, Common Facilities Better work environment and reduction of wastage through

efficient utilization

Korangi Creek Industrial ParkProject Information

Area 250 Acres (30 Acres under litigation)Location Korangi Creek, KarachiDesign Concept & Master Plan Jurong International, SingaporeDetailed Engineering & ConstructionSupervision

National Engineering Services of Pakistan(NESPAK)

Low-Density ZoneHigh-Density Zone

111 Acres29 Acres

Plot Sizes 0.5 and 1 AcresTarget Market Small and Medium Enterprises

Macro IndicatorsDevelopment Cost PKR 3. 80 Billion

Investment PotentialCommitted Investment Till Date

PKR 20 BillionPKR 11 Billion

GDP Contribution Potential PKR 40 BillionEmployment Potential 30,000 Heads (Direct)

180,000 (Indirect)Captive Power Plant of 48 MWs Concession Agreement Signed

Korangi Creek Industrial Park ProgressMain Access Gate

PAKISTAN RAILWAYS MAIN LINEPAKISTAN RAILWAYS MAIN LINE

BQIP Connectivity

Distances by RoadDistances by Road::Airport:Airport: 23 km23 kmPort Qasim:Port Qasim: 12 km12 kmNational Highway:National Highway: 4.5 km4.5 kmRailways:Railways: AlongsideAlongside

BQIPBQIP

PAK SUZUKIPAK SUZUKIMOTOR CO.MOTOR CO.

INDUSINDUSMOTOR CO.MOTOR CO.

PAKISTAN RAILWAYS MAIN LINEPAKISTAN RAILWAYS MAIN LINE

EXPORTEXPORTPROCESSINGPROCESSING

ZONEZONE

Green Belt

Key ProgressKey Progress