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The Export Processing Zones Authority of Pakistan (EPZA) seeks to promote the efficient allocation of resources to maximize the benefits of exporting goods around the world. The Authority provides facilities to enable investors to attract foreign investment and establish commercial enterprises, thereby creating new jobs and fostering the growth of new technology industries for the benefit of Pakistan. The government has empowered the Authority to accomplish these goals through the organization of external cooperation programs throughout Pakistan. Under the Charter of the Export Processing Zones Authority of Pakistan, Commercial ventures can be established within the Zone for manufacturing scientific equipment and instruments, engineering goods and services, and supplies for the medical and healthcare industries. The government has provded numerous incentives for investing in Pakistan’s future. There is no limit imposed on the amount of capital that can be invested and the Authority’s charter provides for the duty free export of finished goods and articles of manufacture. Furthermore the national government has provided that there be no tax imposed on the sales of input goods. Partners are entitled to sell obsolete equipment in the domestic market for such goods within Pakistan. |
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