Benefits of SEZs largely depend on the location on which SEZs are establishedHow large are the benefits of Special Economic Zones (SEZs) and what channels are needed to achieve these benefits? As per the relevant literature, the benefits of SEZs and the channels required to achieve them largely depend on the location on which SEZs are established. Pakistan must carry out extensive research before finalising CPEC-related SEZs’ location while talking with their Chinese counterparts. That means, in addition to profit maximisation, personal and policy preferences are also important factors for determining SEZs’ locations. The spatial structure of demand and supply is another important factor in determining SEZs’ location.
Source: The Express Tribune April 18, 2019 04:18 UTC