Rashakai Special Economic Zone

Project Rashakai Special Economic Zone
Project Description
Spread over the area of 1000 acres, Rashakai prioritized Special Economic Zone (pSEZ) is a flagship project under the industrial cooperation of China Pakistan Economic Corridor (CPEC) framework that serves as CPEC Special Economic Zone. The 1000 acres pSEZ will be developed by CRBC in joint venture with KPEZDMC. An SPV Company of these two firms named Rashakai Special Economic Zone Development and Operations Company (RSEZDOC) has been setup for implementation of this agreement. 
Located on Motorway (M1) near CPEC route, it is 60 km away from Peshawar to the west and 90 km away from Islamabad to the east. Distancing 800 km from Khunjerab Pass in the north, 111.6 km from Torkham Border, and 39.6 km from Azakhel Dry Port, which gives Rashakai a unique strategic advantage to serve the consumer markets of Khyber Pakhtunkhwa, Punjab, Southwest China, Afghanistan, and Central Asia. Enabling a business-friendly environment for attracting foreign direct investment and relocation of the high-tech industry from the world, paving the way for technology transfer. 
Based on the location advantage and resource pool, the economic zone has predominant investment feasibility for the following industrial clusters/sectors:
  • Processing and Manufacturing
  • Home Appliances 
  • Pharmaceutical
  • Home Building Materials
  • Automobile and parts
  • Agriculture and Horticulture 
  • Wholesale Market/ Specialty mills
Location Nowshera, Khyber Pakhtunkhwa(KP)
Area (Acres) 1000
Project Progress Update
  • Concession Agreement between Khyber Pakhtunkhwa Economic Zone Development and Management Company (KPEZDMC) and China Road & Bridge Corporation (CRBC) was signed in April 2019.
  • The development agreement was signed on 14 Sep 2020 with a development cost of $128 million.
  • Groundbreaking / launching of RSEZ was held on 28th May 2021.

 

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