| GEO Business|
| Announcement to set up JEZ on May 23|
| Updated at: 1415 PST, Thursday, May 14, 2009|
ISLAMABAD: The formal announcement of establishment of Japan Economic Zone (JEZ) in Karachi will be made on May 23.
Minister of State for Investment Saleem Mandviwalla said this while talking to media here. He said the purpose of setting up the zone near Port Qasim in Karachi is to boost Japanese investment in the country. The zone is located at ideal place and goods will be export directly from here, minister added.