In old ages, the kings and rulers were used to give special routes and pathways to the investors and business typhoons and get remuneration from them. It was the precedence set by the early rulers in the 17th century. This import and export business generate the transregional connectivity in old ages and generated a lot of revenue. The areas which were involved in such trade were Mediterranean basin at Delos in Greco- Roman times and in Venice, Genoa and Marseilles. When the industrial revolution came in, it turns the table and took such routes and trade paths on the height of globalization. Later in the 1980s, China formally name such trade routes as Free Economic Zones and was initially set up at Shenzen.
Interestingly, Balochistan possesses one of the best blessings in the form of its location. The old silk routes were passed from the same route on which today Balochistan is situated. China started the project of the millennium known as “China Pakistan Economic Corridor” and started tapping old Silk Routes. Now in Balochistan, China did same as it did in Shenzen and started constructing Free Economic Zones.
Free economic zones generally fall into one of four categories: free trade zones, export processing zones, special economic zones, or industrial zones. Free trade zones, typically located near seaports or airports, mainly offer exemptions from national import and export duties on goods that are re-exported. Local services gain, though there is little if any, value added to the goods traded. Export processing zones go a step further by focusing on exports with a significant value added, rather than only on re-exports. Special economic zones apply a multi-sectoral development approach and focus on both domestic and foreign markets. They offer an array of incentives including infrastructure, tax and customs exemptions, and simpler administrative procedures. Industrial zones are targeted at specific economic activities, say media or textiles, with infrastructure adapted accordingly.
According to statistics, there will be nine special economic zones in Pakistan. These special economic zones will work as multisectoral development apparatus. Free zones are also considered a lever for boosting technological skills, particularly in the auto-components industry. Major clients such as Quetta, Gwadar, Ziarat, Hub and Dera Bugti will become vibrant for economic activities. Now the provincial government is planning to set the markets within these economic zones and converting them into trade zones. This whole framework will rejuvenate the economy of Pakistan. Not only Pakistan but China will also get “value added” trade. The provincial government is also going to build a huge megacity of oil. The oil city will be used for the storing the oil and transporting it back to China. The provincial government of Balochistan is of the view that turning these special economic zones into trade zones, which will eventually bring down the prices of the petrol commodities. The approach of the provincial government of Balochistan will open the golden gates for Pakistan and Balochistan.


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