{"id":94334,"date":"2023-07-26T12:17:18","date_gmt":"2023-07-26T07:17:18","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=94334"},"modified":"2023-07-26T13:11:58","modified_gmt":"2023-07-26T08:11:58","slug":"govt-gives-nod-construction-materials-imports","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html","title":{"rendered":"Govt greenlights import of local construction materials for EPZs"},"content":{"rendered":"\n<p>Islamabad: The Economic Coordination Committee (ECC) of the Cabinet has given the green light to important changes aimed at boosting the country&#8217;s Export Processing Zones (EPZs) and facilitating the construction materials\u2019 imports to Sialkot and Gujranwala in Punjab, and Risalpur in Khyber Pakhtunkhwa (KP), according to news published on July 26.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/foundation-stone-laid-construction-alexander-road.html\" target=\"_blank\" rel=\"noreferrer noopener\">Foundation stone laid for construction of Alexander Road in Islamabad<\/a><br>In the wake of the recent developments, the key changes will now allow the import of construction materials into EPZs in the Northern region by using local currency instead of foreign convertible currency.<br>This is a move aimed at expediting the development of the EPZs and helping meet export targets. However, this relaxation will apply only to locally manufactured products by Pakistani entrepreneurs, and the special provision will be in effect for the next five years.<br>The Ministry of Industries and Production (MoIP) proposed these amendments based on the request from the Sialkot Chamber of Commerce and Industry (SCCI). The ECC not only agreed to apply the changes to Sialkot but also extended them to Gujranwala, Risalpur EPZs, and any future EPZs.<br>Previously, EPZs were set up mainly by foreign investors or non-resident Pakistanis, and due to a lack of locally manufactured construction materials, they had to rely on imports.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/construction-repair-works-islamabad.html\" target=\"_blank\" rel=\"noreferrer noopener\">ICCI to start phase-wise construction, repair works in ISB\u2019s markets<\/a><br>Now, with the availability of locally made construction materials, the government aims to encourage investors to use Pakistani products like iron, steel, cement, ceramics, and others to support the domestic industry and save foreign exchange. Further, the amendments to the EPZA Rules of 1981 and EPZs (Control of Entry and Exit of Persons and Goods) Regulations of 1994 are now set for final approval by the federal cabinet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ECC aims at sheer progress as the cabinet has given the due signal to the imports of construction materials to SIalkot, Gujranwala, and Risalpur.  <\/p>\n","protected":false},"author":88,"featured_media":38129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[27497,2371,6957],"persona":[],"class_list":{"0":"post-94334","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-construction-industry","9":"tag-infrastructural-development","10":"tag-new-developments","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>Govt Gives Nod to Construction Materials Imports - Zameen News<\/title>\n<meta name=\"description\" content=\"In the recent developments for EPZ, the government has approved the imports of construction materials to the Northern side.\" \/>\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\/govt-gives-nod-construction-materials-imports.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt Gives Nod to Construction Materials Imports - Zameen News\" \/>\n<meta property=\"og:description\" content=\"In the recent developments for EPZ, the government has approved the imports of construction materials to the Northern side.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-26T07:17:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-26T08:11:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/05\/federal-government.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Govt Gives Nod to Construction Materials Imports - Zameen News","description":"In the recent developments for EPZ, the government has approved the imports of construction materials to the Northern side.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html","og_locale":"en_US","og_type":"article","og_title":"Govt Gives Nod to Construction Materials Imports - Zameen News","og_description":"In the recent developments for EPZ, the government has approved the imports of construction materials to the Northern side.","og_url":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2023-07-26T07:17:18+00:00","article_modified_time":"2023-07-26T08:11:58+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/05\/federal-government.png","type":"image\/png"}],"author":"Muhammad Zohaib Nasir","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Zohaib Nasir","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html"},"author":{"name":"Muhammad Zohaib Nasir","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6"},"headline":"Govt greenlights import of local construction materials for EPZs","datePublished":"2023-07-26T07:17:18+00:00","dateModified":"2023-07-26T08:11:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html"},"wordCount":299,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/05\/federal-government.png","keywords":["construction industry","infrastructural development","new developments"],"articleSection":["Construction"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html","url":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html","name":"Govt Gives Nod to Construction Materials Imports - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/05\/federal-government.png","datePublished":"2023-07-26T07:17:18+00:00","dateModified":"2023-07-26T08:11:58+00:00","description":"In the recent developments for EPZ, the government has approved the imports of construction materials to the Northern side.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/05\/federal-government.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/05\/federal-government.png","width":600,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/govt-gives-nod-construction-materials-imports.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Govt greenlights import of local construction materials for EPZs"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6","name":"Muhammad Zohaib Nasir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","caption":"Muhammad Zohaib Nasir"},"description":"As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/zohaib-nasir"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/94334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=94334"}],"version-history":[{"count":4,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/94334\/revisions"}],"predecessor-version":[{"id":94341,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/94334\/revisions\/94341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/38129"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=94334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=94334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=94334"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=94334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}