Pakistan has officially missed its ambitious target of attracting over $8 billion in foreign direct investment through Special Economic Zones under CPEC between 2018 and 2024. The country also failed to generate 500,000 jobs within the same period, according to Investment Minister Qaiser Ahmed Sheikh. The admission came at a high-level dialogue in Islamabad and raises serious questions about the pace and governance of Pakistan’s flagship economic corridor. Background: What Are Pakistan’s Special Economic Zones? Special Economic Zones in Pakistan are designated industrial areas offering tax incentives, streamlined regulations, and…
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