New business avenue between Pakistan and China still untapped


Observer Report


Besides extensive collaborations in energy, infrastructure, industrial and socio-economic spectrum, Pakistan and China have another business avenue to tap to further promote their socio-economic partnership. According to a report published by Gwadar Pro on Friday, the lucrative window, still unexplored, belongs to sand economy. China, which has gained mastery in the field of reclaiming lands from deserts through afforestation, has already channelized its own business fortunes by giving robust impetus to sand economy. This ecological industry has not only unleashed monetary gains but also help catalyze jobs especially for rural areas in China.
Pakistan, desperately, needs the sand economy which is also called green economy to usher in era of afforestation to transform ill-fate into lucrative business. Being a home of five deserts including Cholistan desert, Thal desert, Indus Valley Desert, Thar Desert and Kharan desert, Pakistan’s economy may get a booster if the PTI government engages with China to establish ecological industry, .
The report says, Pakistan should take inspiration from the example of China’s success story showcased in Kubuqi desert. Elion, a private ecology and investment enterprise, invested approximately RMB 38 billion ($5.82 billion) in the Kubuqi desert-greening project since 1988, helping to lift more than 102,000 local farmers and herdsmen out of poverty.

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