On Tuesday, Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for Industries and Production Rana Tanveer met to discuss the revival of the Pakistan Steel Mill and the creation of a Special Economic Zone (SEZ) on the remaining land.
The meeting included Provincial Minister for Industries Jam Ikram Dharejo, Chief Secretary Asif Hyder Shah, PSCM Agha Wasif, Secretary Industries Yasin Shar, Federal Secretary for Industries Saif Anjum, and other team members, according to a communique from the CM House.
Chief Minister Shah mentioned that the SEZ project was previously discussed in the cabinet on May 30, 2024. His cabinet proposed that the federal government establish the SEZ on the surplus land of the Pakistan Steel Mill. The 700 acres designated for the Steel Mills plant should be preserved for either revitalizing the current plant or setting up a new one, with any additional land requirements to be mutually determined.
Federal Minister Rana Tanveer expressed that the federal government is willing to allow the provincial government to either revive the old steel mill plant or install a new one on the allocated 700 acres. Additionally, 4,840 acres could be used to develop the SEZ, which would be given to Chinese investors, with development funded by federal resources.
Chief Minister Shah emphasized the SEZ’s strategic location near the sea and existing infrastructure, including water and gas facilities, which would help make it one of the best zones in the country. Both governments agreed to expedite the paperwork to establish the zone promptly.
The SEZ is expected to generate employment opportunities and contribute to the national economy.
