CDA likely to approve establishment of economic zone near Rawat.

ISLAMABAD -- The Board of Investment and the Special Economic Zone Authority (SEZA) plan to set up an economic zone near Rawat and the Capital Development Authority (CDA)'s board in its upcoming meeting is going to take up its request for the issuance of a no-objection certificate (NOC) for land acquisition.

The CDA board meeting was slated to be held on Friday however it could not take place due to other engagements. Now, sources said, the meeting is likely to be held on Monday or Tuesday.

Sources in the planning wing of the CDA said that a joint summary was prepared by Planning and Estate Wing which will be presented before the board meeting by the member planning. The summary said: 'Board of Investment (BoI)/Special Economic Zone Authority had requested the CDA for identification of land to declare as Special Economic Zone.'

Therefore, the CDA had identified 1,000 acres near Rawat Industrial Estate for establishment of the ICT Model Special Economic Zone and allow the Board of Investment to approach the land acquisition collector for acquisition of the land.

Meeting to take up request to issue NOC for land acquisition tomorrow

The summary said in the light of Islamabad High Court's orders dated June, 9, 2021, an NOC was required from the CDA before launching any scheme.

'Therefore, the SEZA authority has approached CDA for provision of the NOC,' it said, adding the SEZA authority in March 2022 approved the concept plan while the Central Development Working Party also approved the PC-I for feasibility study and acquisition of land.

Sources in the planning wing said...

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