KARACHI: Senator Mushahid Hussain has said that CPEC has already yielded dividends, with 22 Early Harvest Projects on track in energy, infrastructure, Gwadar Port, and Special Economic Zones, with an investment of $18.8 billion.
This he said during his keynote address at the CPEC Summit in Karachi, attended by
delegates from Pakistan and China. He said that some 60,000 Pakistanis are gainfully employed in projects relating to CPEC, with many more to come, 25,000 Pakistanis are learning Chinese, and 22,000 Pakistani students now study in China
“CPEC is translating into reality an amazing prophecy made by the Quaid-e-Azam when he said Pakistan is the pivot of the world, placed on the frontier where the future geopolitics will revolve”, he added.
Senator Mushahid Hussain, who has been heading the Parliamentary Committee on CPEC, said as the CPEC Summit has demonstrated with high-level participation from the Federal Government and all the four provinces, there is a broad national consensus on CPEC as the way forward for the progress and prosperity of Pakistan and its people.
He said CPEC is an integral part of President Xi Jinping’s historic ‘Belt and Road Initiative’, undoubtedly the most significant diplomatic and developmental initiative of the 21st century, involving currently some 70 countries of Asia, Africa, the Middle East and Europe, indeed, its flagship, its pilot project.
Senator Mushahid Hussain said the balance of economic and political power is shifting from the West to the East, the 21st century is the Asian Century, China is today, as President Xi Jinping said, ‘at the centre stage of global politics’. Pakistan is today the hub of regional connectivity, linking up with China and the Central Asian Republics.
Citing achievements of CPEC in the last 5 years, the Gwadar Port is operational lifting a million tons of cargo in 2017, Thar is mining coal which will be transformed into electricity, the western route connects Quetta with Gwadar via an 8 hour road journey and the nearly 4000MW of electricity produced by CPEC projects will alleviate load shedding. He said the ‘best of CPEC is yet to come’ since the Long Term Plan has added to CPEC such areas as Agriculture, Culture, Tourism, IT, education and relocation of Chinese small and medium-size industry, which can be absorbed by the 9 Special Economic Zones which are planned in all provinces of Pakistan.
Concluding, Senator Mushahid cited three major challenges to CPEC: security given the threats of terrorism both within Pakistan and from regional adversaries, psychological warfare from the enemies of China and Pakistan who spread disinformation about CPEC and political stability and continuity of policies on CPEC, which requires that a free, fair and transparent election be held on schedule.
Hub of +terrorism and nothing else, where’s the money at ?