Industry News

Ahsan for giving land to China Century Steel Mills on discounted rate in Rashakai SEZ

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Update time : 2024-12-26 16:19:59

ISLAMABAD  -  Federal Minister for Planning Ahsan Iqbal has instructed the government departments concerned to confirm land prices to the China Century Steel Mills in accordance with their demands, as he was informed that the company had sought land on discounted rate in Rashakai Special Economic Zone, and emphasising a China-like deal for the company, where land is often provided free of charge to industries.

The directive was issued by Ahsan Iqbal in a meeting on the issues hindering China Century Steel Mills’ operations in Rashakai SEZ. In line with the Prime Minister’s directives to remove all barriers impeding industrial development, Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal chaired a meeting Monday with officials of China Century Steel Mills (Pvt) Limited. The minister instructed the Board of Investment (BoI), the Power Division, and the Federal Board of Revenue (FBR) to address these issues promptly. Specifically, he directed the Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) to confirm land prices to the company at the earliest, in accordance with their demands.

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