CPEC making significant progress

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Islamabad

The China-Pakistan Economic Corridor (CPEC) is making significant progress as work rapidly continues on the four key areas of cooperation – energy, transport infrastructure, industrial cooperation and Gwadar Port.
Russian news agency Sputnik in its report quoting a research report of Chongyang Institute for Financial Studies at Renmin University of China, said the construction in these key areas was unexpectedly fast whereas electricity and infrastructure had seen smooth development.
Over the past four years, the country has been through a period of stability, it said.
In the past four years, the annual growth rate of Pakistan’s economy has been constantly above 4 percent, making it one of the best performers in Asia.—APP