{"id":81476,"date":"2021-11-16T16:07:06","date_gmt":"2021-11-16T11:07:06","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=81476"},"modified":"2021-11-16T16:07:11","modified_gmt":"2021-11-16T11:07:11","slug":"cpec-phase-ii-jobs-prosperity","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cpec-phase-ii-jobs-prosperity.html","title":{"rendered":"CPEC Phase-II to bring prosperity and investment opportunities for investors"},"content":{"rendered":"\n<p>Islamabad: China Pakistan Economic Corridor (CPEC) Chairman Khalid Mansoor on Saturday (November 14) said that the commencement of CPEC Phase-II will bring prosperity and create job opportunities for the country, news sources reported. Addressing a delegation of 70 Chinese firms, he said that the government is providing high incentives for industrial development in Special Economic Zones (SEZs) with a 10-year tax holiday for investors.\u00a0 <\/p>\n\n\n\n<p> <strong>Read:<\/strong>  <a href=\"https:\/\/www.zameen.com\/news\/federal-government-funds-sez.html\" target=\"_blank\" rel=\"noreferrer noopener\">Federal government will release funds for SEZ development: PM<\/a><\/p>\n\n\n\n<p>As per the details, he said that the government is taking special care to <a href=\"https:\/\/www.zameen.com\/news\/pm-sezs-encourage-chinese-investors.html\" data-type=\"post\" data-id=\"80509\" target=\"_blank\" rel=\"noreferrer noopener\">develop all nine SEZs<\/a>. The chairman said that four of the nine SEZs are at advanced stages of development where colonisation has started. He said that the development of CPEC will bring prosperity and it will strengthen the bilateral ties between China and Pakistan. \u00a0 Speaking on the occasion, Minister of Planning and Development Asad Umer said that more Chinese companies should explore areas of investment in Pakistan\u2019s industrial sectors to boost employment and Foreign Direct Investment (FDI). He said that the government has reduced import duties on capital goods for the industrial units to encourage more <a href=\"https:\/\/www.zameen.com\/news\/parliamentary-body-urges-for-timely-colonisation-of-sezs.html\" data-type=\"post\" data-id=\"79101\" target=\"_blank\" rel=\"noreferrer noopener\">colonisation of SEZs.<\/a> \u00a0 <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/progress-cpec-development-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">Progress on CPEC development projects reviewed<\/a><\/p>\n\n\n\n<p>On the occasion, the Chinese Ambassador to Pakistan Nong Rong said that the Chinese companies will work closely with the CPEC authority to create opportunities for investment in the second phase of CPEC.\u00a0 It is pertinent to note that China and Pakistan are entering the second phase of CPEC. The project is a flagship venture for both countries, under which China has pledged to invest USD 62 billion over the <a href=\"https:\/\/www.zameen.com\/news\/cpec-high-quality-construction.html\" data-type=\"post\" data-id=\"78236\" target=\"_blank\" rel=\"noreferrer noopener\">next decade in various sectors including agriculture, road infrastructure, <\/a>industrial zones, and power generation.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: China Pakistan Economic Corridor (CPEC) Chairman Khalid Mansoor on Saturday (November 14) said that the commencement of CPEC Phase-II will bring prosperity and create job opportunities for the country, news sources reported. Addressing a delegation of 70 Chinese firms, he said that the government is providing high incentives for industrial development in Special Economic Zones (SEZs) with a 10-year tax holiday for investors.\u00a0 Read: Federal government will release funds for SEZ development: PM As per the details, he said that the government is taking special care to develop all nine SEZs. The chairman said that four of the nine SEZs are at advanced stages of development where colonisation has started. He said that the development of CPEC will bring prosperity and it will strengthen the bilateral ties between China and Pakistan. \u00a0 Speaking on the occasion, Minister of Planning and Development Asad Umer said that more Chinese companies should explore areas of investment in Pakistan\u2019s industrial sectors to boost employment and Foreign Direct Investment (FDI). He said that the government has reduced import duties on capital goods for the industrial units to encourage more colonisation of SEZs. \u00a0 Read: Progress on CPEC development projects reviewed On the occasion, the&hellip;<\/p>\n","protected":false},"author":84,"featured_media":69325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[30425,30424,49526],"persona":[],"class_list":{"0":"post-81476","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-agriculture-sector-becomes-primary-focus-of-cpec-phase-ii","9":"tag-cpec-phase-ii","10":"tag-cpec-phase-ii-to-bring-prosperity-and-investment-opportunities-for-investors","11":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CPEC Phase-II to bring jobs and prosperity for investors - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: China Pakistan Economic Corridor (CPEC) Chairman Khalid Mansoor on Saturday (November 14) said that the commencement of CPEC Phase-II will\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/cpec-phase-ii-jobs-prosperity.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPEC Phase-II to bring jobs and prosperity for investors - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: China Pakistan Economic Corridor (CPEC) Chairman Khalid Mansoor on Saturday (November 14) said that the commencement of CPEC Phase-II will\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cpec-phase-ii-jobs-prosperity.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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