Pakistan and China have finalized nine SEZs to be developed in the first phase under the auspices of CPEC. Four SEZs, namely Dhabeji SEZ in Sindh, Bostan SEZ in Balochistan, Rashakai SEZ in KP and Allama Iqbal Industrial City in Punjab, are at advanced stage of development. Moqpondass SEZ in Gilgit Baltistan, Mirpur SEZ in AJK, Mohmand Marble City in FATA, and two Federal SEZs namely Industrial Park on Pakistan Steel Mill land and ICT Model Industrial Zone are at the feasibility stage.