CPEC a unique opportunity to integrate with regional economies: experts

LAHORE: The China-Pakistan Economic Corridor (CPEC) is a unique opportunity to integrate with regional economies as it will become a hub of trade and manufacturing after the Gwadar Port developed as a free port.

Talking to APP, an analyst on Contemporary Politics & International Relations, Dr Saad S Khan, said that emerging opportunities with facilitation such as extensive roads, railways, ports and energy infrastructure, the project was being perceived as a game-changer in the context of regional geo-economic and political realities.

He said the CPEC would open attractive avenues for investment emerging from economic cooperation between the two rising powers of Asia.

Veteran economist Dr Ashfaq Hassan said the CPEC project was being perceived as a game-changer which would prove to be a forerunner to economic development.

He said the PML-N government was paying special attention towards the development of different sectors, including power, gas, education, health, and roads infrastructure.

“People of all provinces will benefit from CPEC projects”, he added.

Sustainable Development Policy Institute (SDPI) Executive Director Abid Qaiyum Suleri said that the project would also ease the lives of people and also help bring prosperity in the country. He said that China-Pakistan Economic Corridor (CPEC) should not be politicised.

CPEC National Parliamentary Committee Chairman Mushahid Hussain Syed said that CPEC would connect Pakistan to East and West Asia, which will help to make the country a destination for cross-regional trade.

Evacuee Trust Property Board (ETPB) Chairman Siddiqul Farooq said that Pak-China relations were touching new heights after the CPEC, as the project had created tremendous opportunities of investment in Punjab and other areas of the country.

He said the PML-N government had given solid economic shape to Pak-China friendship on a large scale. He added that CPEC had ushered in a new era of durable Pak-China relations.

“We will also give the legacy of a better future to our future generations in the shape of the CPEC,” he said and added that officials of China and Pakistan were working as a team to move forward the project.

 

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