Industrial phase of CPEC to kick off soon

Faisalabad

The industrial phase of the China-Pakistan Economic Corridor (CPEC) is going to kick off soon under which Chinese investors would be allowed to set up only high tech industries, which would not have any negative impact on Pakistan’s existing industry, said CPEC Acting Project Director Hasan Dawood.
Speaking to a delegation of the Faisalabad Chamber of Commerce and Industry (FCCI), he said that CPEC has three major perspectives including geo strategic, regional integration and industrial cooperation, adding that Chinese investors cannot afford any clash at any stage with Pakistani industrialists; hence, they prefer to concentrate on Gwadar Port.

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