Chinese styled Symbiotic Industrial zones should be established in Pakistan: Shah Faisal Afridi

Lahore, December 01, 2015 (PPI-OT): “Chinese styled Symbiotic Industrial zones should be established in Pakistan”. It was stated by Shah Faisal Afridi, president Pak-China Joint Chamber of Commerce and Industry in a press statement issued today. He said that in symbiotic industrial collaboration there is a physical exchange of materials and by-products, as well as shared management of infrastructure for water, energy and waste.

He mentioned that to achieve this goal, China has implemented eco-industrial park (EIP) initiatives as a mainstream strategy of a circular economy since the turn of the new century.

While highlighting the significance of Industrial symbiosis, Afridi referred Eco-Industrial parks (EIP) as a community of manufacturing and service businesses seeking enhanced environmental and economic performance by collaborating in the management of environmental and reuse issues.

He mentioned that China took the lead as the world’s champion in terms of industrial output and became the true “world plant”. Afridi explicated that China promoted industrial development firstly in the form of Economic and Technological Development Areas and then High-Tech Parks. He informed that up to the end of 2013, China had around 300 national industrial parks, including 210 ETDAs and 113 HTPs and recently, a great number of success stories regarding industrial symbiosis have emerged in which one industry output benefits another.

Faisal Afridi suggested that Pakistan has the option of implementing the concept of EIZs in two ways. One way is turning the area around an existing mega-industrial unit into an EIZ where smaller units are encouraged to utilize the outputs of bigger units and another way is by constructing new industrial zones from scratch. In the latter approach, the advantage would be having the opportunity to design the park with efficiently linked industrial units designed to achieve maximum economic, social and environmental benefits.

Afridi mentioned that the government will need to provide some sort of incentives to industrialists to attract investment. Something on the lines of carbon credits would be helpful. The government can give green tax credits (GTC) in which the industries are asked to pay less tax on the basis of manufacturing their products in an environment friendly manner and utilising wastes which would otherwise be dumped untreated, he added.

He said that the first step towards achieving the setting up of an EIZ is planning and designing. This needs to be carefully laid out and in consultation with EIZ experts and industry in view of the locally available resources and the next challenge would be attracting investment for the EIZ. It needs to be explored to what extent overseas Pakistanis would be interested in investment. In an appropriate investment environment and incentive packages, foreign investors would certainly be motivated.

The government can look towards other nations for help and guidance in this regard. China in particular could be of much use as it already has built extensive experience in the last 15 years. said Afridi. Pakistan should also need to build its own expertise and experience in EIZs. The political leadership and policymakers should seriously explore all possibilities to revive industry and the economy in a sustainable manner. An inclusive and well integrated policy mix is the need of the hour, pointed Afridi.

For more information, contact:
Wardah Ali Gohar
Media Manager
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI)
Mega Tower, 309 – 6th Floor,
Main Boulevard, Gulberg II,
Lahore, Punjab – Pakistan
Tel: +92-42-35777460-02, +92-42-37032203, +92-42-35874353
Fax: +92-42-35777524
Cell: +92-324-4925611