Rashakai Economic Zone , M-1, Nowshera

Project Rashakai Economic Zone , M-1, Nowshera
Project Description

Rashakai Special Economic Zone (REZ), located near M-1 Nowshera, is set to be established in Khyber Pakhtunkhwa (KP). The 1000 acres land of REZ will be developed in three phases. The total area designated for Industrial use is 702 acres and as per Federal SEZA Regulations, of which 159 acres will be developed in Phase I, 279 acres in phase II and subsequently 264 acres in Phase III. For commercial use, an area of 76 acres has been allocated. 

Connectivity:

An access road (3.2 km) from Wali Interchange to SEZ zero point is under construction (Phase-I).  Moreover, REZ is connected to all provinces of Pakistan through Airport (at a distance of 65 KM from REZ), Dry Port (65 KM), Railway station (25 KM), Motorway, highway (5 KM) and city center (15 KM). Based on the strengths of the connected districts and resource pool, the economic zone has predominant investment feasibility for industries in fruit & food processing/packaging and textile.

Industrial Potential:
 
The following industrial clusters/sectors are proposed/planned 
 
• Garment and Textile Products
• Home Building Materials,
• General Merchandize
• Electronics and Electrical Appliances
• Automobile and Mechanical Equipment
Province Khyber Pakhtunkhwa
Area (Acres) 1000
Project Progress Update
  • Concession Agreement between KPEZDMC and Chinese developer corporation has been signed in April 2019.
  • Development agreement has been signed on 14th September, 2020.
  • Groundbreaking of the SEZ is planned during the high-level visit of Chinese President to Pakistan in 2020. 

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