Federal Minister reviews CPEC Phase-II progress, SEZ development and Pakistan–China industrial cooperation

Federal Minister reviews CPEC Phase-II progress, SEZ development and Pakistan–China industrial cooperation

Report: Suhail Sundoo

Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, reviewed progress under CPEC Phase-II during a visit to the PMU CPEC–ICDP at the Board of Investment in Islamabad. The briefing focused on SEZ-led industrialisation, Pakistan–China business cooperation, and key projects including Karachi Industrial Park and Gilgit-Baltistan SEZ. The Minister was also updated on follow-up actions related to over 160 MoUs signed during the Pakistan–China B2B Investment Conference in 2025. The Board of Investment reaffirmed its commitment to effective implementation and investor facilitation.

Federal Minister for Board of Investment, Mr. Qaiser Ahmed Sheikh, paid an official visit to the Project Management Unit of the CPEC Industrial Cooperation Development Project (PMU CPEC–ICDP) at the Board of Investment (BOI), Islamabad, to conduct a comprehensive review of progress under CPEC Phase-II, with a particular focus on industrial cooperation and Special Economic Zone (SEZ) development.

During the detailed briefing, the Minister was informed about Pakistan’s deepening engagement with China under the upgraded CPEC 2.0 framework, which aims to move beyond infrastructure development toward industrialisation, value addition, and sustainable economic growth. Special emphasis was placed on SEZ-led industrial development, promotion of export-oriented manufacturing, technology transfer, workforce skill development, and strengthening Pakistan–China business-to-business (B2B) partnerships.

The briefing also reviewed progress on several priority industrial initiatives, including the Karachi Industrial Park, Gilgit-Baltistan SEZ, and the Bin Qasim Industrial Park Land Lease Policy, which is designed to provide competitive, transparent, and investor-friendly land arrangements to attract both foreign and domestic investment.

In addition, the Minister was apprised of BOI’s structured investment promotion and investor outreach strategy, particularly the outcomes of the Pakistan–China B2B Investment Conference held during Prime Minister Muhammad Shehbaz Sharif’s official visit to China in September 2025. The conference resulted in the signing of over 160 Memoranda of Understanding (MoUs) and joint ventures, valued at several multi-billion dollars, spanning manufacturing, energy, agriculture, ICT, and industrial services. Officials highlighted that a robust follow-up and monitoring mechanism has been established to ensure these agreements are converted into actual investments, project execution, and job creation.

The briefing was attended by senior leadership of the Board of Investment, including Additional Secretary BOI Dr. Erfa Iqbal, Director General / Project Director PMU CPEC–ICDP Mr. Mehmood Tufail, Director General (SEZ) Mr. Riaz-ul-Haque, along with other senior officers, reflecting the high-level institutional focus on CPEC Phase-II implementation.

Concluding the session, the Board of Investment reaffirmed its commitment to proactive investor facilitation, inter-agency policy coordination, and effective execution of industrial projects under CPEC Phase-II. The BOI emphasized close collaboration with federal and provincial governments, as well as the private sector, to ensure that CPEC delivers sustainable industrial growth, increased exports, employment generation, and long-term economic development for Pakistan.

DANISH:

Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, gennemgik fremskridt under CPEC Phase-II ved et besøg hos PMU CPEC–ICDP i Islamabad. Fokus var på SEZ-baseret industrialisering, Pakistan-Kina erhvssamarbejde og nøgleprojekter som Karachi Industrial Park og Gilgit-Baltistan SEZ. Ministeren blev også orienteret om opfølgningen på over 160 MoU’er indgået under Pakistan-Kina B2B-investeringskonferencen i 2025. BOI bekræftede sin forpligtelse til effektiv implementering og investorfacilitering.

Den føderale minister for Board of Investment, Qaiser Ahmed Sheikh, besøgte Project Management Unit for CPEC Industrial Cooperation Development Project (PMU CPEC–ICDP) i Islamabad for at gennemgå fremskridt under CPEC Fase II med fokus på industrielt samarbejde og udvikling af særlige økonomiske zoner (SEZ’er).

Under mødet blev ministeren orienteret om Pakistans styrkede partnerskab med Kina under CPEC 2.0, der sigter mod industrialisering, eksportfremme, teknologioverførsel og udvikling af arbejdsstyrkens færdigheder. Fremskridt på nøgleprojekter som Karachi Industrial Park, Gilgit-Baltistan SEZ og Bin Qasim Industrial Park Land Lease Policy blev også gennemgået.

BOI præsenterede resultaterne af Pakistan–Kina B2B Investment Conference i september 2025, hvor over 160 MoU’er og joint ventures blev underskrevet til en samlet værdi af milliarder af dollars inden for produktion, energi, landbrug og IKT. Der er etableret en opfølgningsmekanisme for at sikre, at aftalerne omsættes til konkrete investeringer og jobskabelse.

Mødet understregede BOI’s engagement i aktiv investorservice, tværgående politikoordination og effektiv gennemførelse af industrielle projekter under CPEC Fase II for at fremme bæredygtig vækst og økonomisk udvikling i Pakistan.

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