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The Pakistan Export Processing Zone Authority (EPZA) is an autonomous body established under the administrative control of the Ministry of Industries and Production (Pakistan). It is in charge of organizing, creating, and managing Export Processing Zones (EPZs) around the nation and functions in accordance with the EPZA Ordinance 1980.
The SEZs in Pakistan include: [3] [4] Industrial parks in Karachi. Karachi Export Processing Zone. Islamabad Model Special Economic Zone. Gwadar Special Economic Zone. Risalpur Export Processing Zone. Sialkot Export Processing Zone. Gujranwala Export Processing Zone. Khairpur Special Economic Zone.
The four governmentally owned are Cavite Economic Zone, Bataan Economic Zone, Mactan Economic Zone and Baguio Economic Zone. Some of the more well-known Economic zones are the Clark Special Economic Zone, and Subic Economic Zone, former military bases of the United States of America. Some of the over 200 SEZs in the Philippines are as follows:
The industrial parks in Karachi have been built in Karachi, Sindh, Pakistan. The industrial parks manufacture consumer and industrial goods, creating jobs for the local population. An industrial park (also known as industrial estate, trading estate) is an area zoned and planned for the purpose of industrial development.
Pakistan Textile City is located in Karachi, Sindh, Pakistan. Pakistan Textile City is an industrial zone dedicated to the textile processing and related industry. Established in 2009, with a total area of 1250 acres, [1] the estate is located in the Eastern Industrial Zone of Port Qasim Karachi, 6 km from the National Highway.
Karachi Shipyard and Engineering Works Limited is the oldest Heavy Engineering Works of Pakistan which is catering for its Ship Building, Ship Repairing, Submarine/Warship Construction and Heavy/General Engineering requirements. KSEW was established in early 1950s as a project of PIDC. It was incorporated as a public limited company in 1957.
It confirmed Karachi’s status as Pakistan’s largest economy, well ahead of the next two biggest cities Lahore and Faisalabad, which had a reported GDP (PPP) in 2008 of $40 billion and $20.5 billion, respectively. [14] Karachi's high GDP is based on its large industrial base, with a high dependency also on the financial services sector.
An export-processing zone (EPZ) is a specific type of FTZ usually set up in developing countries by their governments to promote industrial and commercial exports. According to the World Bank, "an export processing zone is an industrial estate, usually a fenced-in area of 10 to 300 hectares, that specializes in manufacturing for export.
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