CABINET APPROVAL OF GWADAR EPZ

 

 

July 03, 2009: The Cabinet has approved icentives package for Gwadar EPZ and has also approved that the entire industrial / warehousing area in the master plan of Gwadar (46000 acres) may be included in the Gwadar Export Processing Zone Case No.81/09/2009 , dated 03/06/2009.

 

Package of Incentives for "Export Processing Zone Gwadar"

 

  • Tax holiday for 10 years from the commencement of commercial operation of the Project.

  • Permission to export up to 50% of the production from zone to tariff area of the Country on payment of usual duties and taxes.

  • Incentives for exports available to projects established anywhere in the Country shall be applicable to exports from the Projects in the Zone.

  • The plots to be provided to investors on lease (as per existing EPZA procedure) at a reasonable rate to be determined in consultation with Government of Balochistan. Keeping in view the size of investment.

  • Zero rating of sales tax on supply of construction materials to Gwadar Export Processing Zone investors as well as to Export Processing Zone Gwadar for development of zone infrastructure.

  • Exemption from stamp duty

 

 

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