KARACHI: The Dhabeji-Thatta special economic zone (SEZ) coming under the China-Pakistan Economic Corridor will be operated by National Logistics Cell (NLC).
A memorandum of understanding was signed between NLC and Sindh Board of Investment (SBI) for collaborating and enable the establishment of a logistics part with the CPEC based Dhabeji-Thatta proposed SEZ, reported an English daily.
As per an SBI press release, the MoU was signed by SBI Chairperson Ms Naheed Memon and NLC Director General Major General Mushtaq Ahmed Faisal on Tuesday.
Under this agreement, NLC and SBI will undertake work for the setting up of Logistics Park as per the master plan and feasibility study of China-Pakistan SEZ Dhabeji.
And SBI will enable and provide help to NLC for its role as Logistics Park Management Organization in conjunction with foreign commercial entities and designated Chinese entities.
While speaking on the occasion, Ms Memon stated CPEC had paved the way for accelerated economic activity and logistics would play a key role in this respect.
And the NLC director general said the SEZs have a major role to play in the industrial development of the country.
The Dhabeji SEZ is spread over 1,000 acres and is located 55kms outside Karachi.