Within CPEC, we are planning to have nine SEZs to attract new investment. In an earlier article, I highlighted that SEZs are not a sure route to success. Within the universe of 5,000+ SEZs present in the world, there are many successful examples. That is precisely the reason why SEZs are more suitable for developing countries with poor investment climates. Furthermore, many SEZs have introduced the concept of negative lists, which means that the government only notifies forbidden activities.

Source: The Express Tribune January 03, 2018 06:00 UTC