Rashakai Special Economic Zone

Project Rashakai Special Economic Zone
Project Description

Spread over the area of 1000 acres, Rashakai Special Economic Zone (RSEZ) is a flagship project under the industrial cooperation of China Pakistan Economic Corridor (CPEC) framework. SEZ is being developed by CRBC in joint venture with KPEZDMC. An SPV Company of these two entities named Rashakai Special Economic Zone Development and Operations Company (RSEZDOC) is responsible for development and operations of the zone. 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 various industrial clusters/sectors including following:

  • 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.
  • Phase-I (247 acres) has been developed and launched for investments. Numerous enterprises have been registered whereas few have started construction of their industrial units.

 

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