The government is keen to develop the industrial zone in Moqpondass, Gilgit Baltistan (GB) so the
people in that region become the beneficiary of CPEC. The land, for SEZ spanning over about 750 acres,
has been allocated. It is in post feasibility stage as the construction work has started.

Source
http://cpec.gov.pk/project-details/67
https://www.silkroadbriefing.com/news/2020/10/27/belt-and-road-cpec-projects-in-pakistan-that-financiers-investors-should-be-looking-at/
http://specialeconomiczones.pk/moqpondass-sez-gilgit-baltistan/