Towards the Development of Economically Vibrant Special Economic Zones in Pakistan
DOI:
https://doi.org/10.59926/jodprp.vol08/005Keywords:
Special Economic Zones, Industrialization, Economic Growth, 2014 elections, Employment GenerationAbstract
This study explores the dynamics of Special Economic Zones (SEZs) in Pakistan, underscoring their crucial role in industrial development and economic growth. It examines the critical success factors shaping their effectiveness by analysing policy frameworks, case studies, stakeholder surveys, and field observations. The research highlights the importance of a conducive regulatory environment and robust infrastructure in fostering investment and building investor confidence. It underscores the necessity of effective institutions, transparent governance, and well-structured policies to accelerate industrialisation. Furthermore, it advocates for aligning economic zone policies with international best practices and broader economic objectives. Ultimately, this paper serves as a comprehensive resource for policymakers, investors, and stakeholders seeking insights into leveraging these zones to attract foreign investment, generate employment, and stimulate economic prosperity.
JEL Classification Codes: O11, O14, O25
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