Thursday, 25 June 2009

PAKISTAN - The US will establish Reconstruction Opportunity Zones (ROZs) in NWFP, FATA and some parts of Balochistan for rapid industrial growth


RAWALPINDI: The US will establish Reconstruction Opportunity Zones (ROZs) in NWFP, FATA and some parts of Balochistan for rapid industrial growth and creation of employment opportunities in these underdeveloped and war-affected areas. US Embassy Political and Economic Officer Darren McKinnon stated this during his visit to Rawalpindi Chamber of Commerce and Industry (RCCI) on Wednesday, accompanied by US Embassy Commercial Expert Naheed Aslam. According to a press release, he said the legislation regarding establishment of ROZs was underway and would be approved by the American Congress very soon. “The most important feature of these industrial zones is that entire production made in a ROZ will be exported duty-free to USA,” he said.

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