The Global Perspective of SEZs, EZs and EPZs: A Critical Evaluation of Regular Frameworks and Policies in the Context of KP
Abstract
Special Economic Zones (SEZs), Economic Zones (EZs), and Export Processing Zones (EPZs) all play a significant part in the growth story of rising nations. Economic growth is a complex process that involves the combination of a number of different elements. One of the primary objectives of this research is to identify potential roadblocks and places that need to be improved within the existing framework. The current study allowed KP to integrate its Special Economic Zones (SEZs), Economic Zones (EZs), and Economic Zones (EPZs) in a more efficient manner. In addition to this, the study is conducted an in-depth examination of Industrial Estate case studies and analyse the difficulties and opportunities that are faced by investors and firms that are operating within KP's zones. The study presented a suite of macro and micro policy suggestions to strengthen the legal and regulatory architecture, attract investment, and fuel economic growth in KP. These recommendations are derived from the findings of these exhaustive studies. Despite the expansive nature of its reach, this study is not immune to the presence of restrictions. There are a number of potential obstacles that could be encountered when attempting to achieve unequivocal and comprehensive findings. These include the availability and dependability of data, the comparability of case studies, the scope of study, methodological obstacles, external influences, and scheduling constraints. These flaws, on the other hand, are also visible as openings for future research and possibilities for strengthening the robustness of economic analysis within the context of KP. In conclusion, a judicious blend of policy reform, resource optimization, local sourcing, and value chain integration can catalyse a significant transformation in Khyber Pakhtunkhwa industrial landscape. Emphasizing sustainable energy infrastructure, utilizing untapped natural resources like coal, copper, and gold, and promoting local industries through effective incentives and support are the crucial pillars that can uphold this transformative shift.
Copyright Notice Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Copyrights for articles published in IJSSA journal are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author’s responsibility to bring an infringement action if so desired by the author.
