Next Article in Journal
Application of the AHP-BWM Model for Evaluating Driver Behavior Factors Related to Road Safety: A Case Study for Budapest
Previous Article in Journal
Analysis of Packet Diversity in Buffer-Aided Relaying over Symmetric and Asymmetric Rayleigh Fading Channels
Open AccessArticle

Sustainable and Special Economic Zone Selection under Fuzzy Environment: A Case of Pakistan

1
College of Economics & Management, Nanjing University of Aeronautics & Astronautics, Nanjing 211106, China
2
Department of Business Management, Westminster International University in Tashkent, Tashkent 100047, Uzbekistan
3
School of Economics and Management, Nanjing University of Science and Technology, Nanjing 210094, China
4
Higher Education Department (HED), Government of the Punjab, Lahore, Punjab 54000, Pakistan
5
Department of Economics, Government Post Graduate College Kot Sultan, Kot Sultan 31650, District Layyah, Punjab, Pakistan
6
School of Economics, Bahauddin Zakariya University Multan, Multan 60800, Pakistan
*
Author to whom correspondence should be addressed.
Symmetry 2020, 12(2), 242; https://doi.org/10.3390/sym12020242
Received: 28 November 2019 / Revised: 11 January 2020 / Accepted: 13 January 2020 / Published: 5 February 2020
The establishment of Special Economic Zones (SEZs) is a lengthy, expensive, and long-term orientated endeavor. Proper selection of SEZs is indispensable to meet the objectives of export-led growth and value up-gradation. Consideration of sustainability issues in such planning under the Zone 3.0 paradigm is critical to achieve Sustainable Development Goals (SDGs) by 2030. Multiple key factors such as location, linkages, labor force, suitability of industries, incentives and facilitation, and market orientation are important in decision-making process of establishing SEZs. Furthermore, environmental conditions and resource availability need to be considered in the planning and policy making processes to keep symmetry in the natural environment and ecosystem of the areas under consideration for SEZs. The present study uses Multi-Criteria Decision Analysis (MCDA) methods in the perspectives of green industrial zone planning and development in Pakistan under the flagship project of China-Pakistan Economic Corridor (CPEC) of China’s Belt and Road Initiative (BRI). This research uses Delphi method, Analytical Hierarchy Process (AHP), and the Fuzzy Vlse Kriterijumska Optimizacija Kompromisno Resenje (VIKOR). The Delphi method has been used to identify the main criteria, sub-criteria, and their weights for 3 SEZs under consideration. The results of AHP analysis unfolded that the majority of the experts believe the location and land aspect is the most pivotal criteria in setting SEZs followed by linkages, subsidies, and facilities criteria. Finally, the results of Fuzzy VIKOR analysis considering environmental sustainability reveals that Faisalabad SEZ is the best suited under given criteria and sub-criteria. View Full-Text
Keywords: economic zone selection; planning process; sustainable development; MCDA; AHP; Fuzzy VIKOR; Pakistan economic zone selection; planning process; sustainable development; MCDA; AHP; Fuzzy VIKOR; Pakistan
Show Figures

Figure 1

MDPI and ACS Style

Ahmed, W.; Tan, Q.; Solangi, Y.A.; Ali, S. Sustainable and Special Economic Zone Selection under Fuzzy Environment: A Case of Pakistan. Symmetry 2020, 12, 242.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop