Who Are Eligible Investors In EPZs?adminThe following categories of persons shall be eligible to establish an undertaking in a Zone, namely, a) A foreign investor. b) A foreign investor in collaboration with a foreign investors or a resident citizen of Pakistan or a company incorporated in Pakistan. c) A resident citizen of Pakistan or a company incorporated in Pakistan. Joint ventures between the above in any proportion are also allowed.
Type Of Industries, Which Can Be Set Up In EPZs.adminThe Authority has devised an Action Plan, which has been put implementation. Each Zone categorized as a Product and it has been decided to promote each Zone viz Karachi Phase-I, Phase-II, Sialkot, Risalpur, Grjranwala as “Separate Product” and to promote as under: Karachi EPZ IT / Precision Engineering / High-Value Garments / Gems & Jewelry KEPZ–To reserve available land in KEPZ Phase-II and major focus on large projects i.e. I.T. Tower, high-value Sialkot EPZ Surgical / Sports Goods / Leather Goods. Risalpur EPZ Trading-Warehousing / Furniture / Engineering. Gujranwala EPZA Light Engineering / Consumer Durables.
What Types Of Industries Are Not Allowed In EPZs?adminOnly four type of industries are not allowed to set up in the Zone i.e
- Manufacturing of Narcotics
- Manufacturing of Alcoholic drinks
- Manufacturing of Arms and Armaments
- Industries causing serious pollution
What Is The Mode Of Transaction In EPZs?adminAll investment in a Zone shall be in foreign convertible currency.
In How Much Time, The Authority (EPZA) Grants Sanction To A Project?adminNormally, it takes only two weeks time granting sanction to a project. Provided all information.
Where Are The Customs Formalities For Import And Export From EPZs Completed. At Seaports Or Airport Etc?adminAll import / export consignments are examined and checked within a Zone area by the Customs.
Do Investors Have To Undergo A Process Of Documentation For Import Of Routine Items Of Industrial Or Office Use?adminThere is a facility to bring goods worth US $ 5000 per month without documents against petty items.
What Is The Cost Of Land In EPZs?adminPlease log into different Zones site.