A high-level consultative session on converting transport corridors into economic corridors was held Friday, presided over by Professor Ahsan Iqbal, Federal Minister for Planning, Development, and Special Initiatives.
The minister, in his opening remarks, emphasized the importance of utilizing Pakistan’s existing transport infrastructure as a springboard for broader economic growth, stressing that the future of the nation lies in transforming these corridors into thriving economic zones, said a press release issued here.
Professor Ahsan Iqbal remarked, “Our vision is to harness the power of our transport networks to drive industrial growth, regional integration, and sustainable development. These corridors must become the lifelines of our economy, not just in terms of transportation, but in creating opportunities for trade, investment, and regional collaboration.”
The session, which saw the participation of senior officials from the federal and provincial governments, experts from urban planning, tourism, civil society, and the private sector, focused on devising business plans to make this vision a reality.
Highlighting the integration of transport and industry, Professor Ahsan Iqbal explained, “Transport corridors are not just about building roads and railways—they are about creating economic zones that integrate industrial and commercial activities. We need to ensure that these corridors become hubs of industrial development, facilitating the growth of sectors such as manufacturing, agriculture, and services.” He further emphasized the role of infrastructure in this transformation, stating, “Our road and rail networks have already begun to change the landscape of connectivity in Pakistan.
The China-Pakistan Economic Corridor (CPEC) is a testament to how transport infrastructure can fuel economic growth by linking us to global markets and enhancing regional cooperation”, he added.
A key theme throughout the session was the need for comprehensive business planning. The minister noted, “It is crucial that we prepare detailed business plans that lay out a clear roadmap for the development of economic zones along these transport corridors. We must conduct thorough feasibility studies, identify potential industrial hubs, and formulate financial models that will attract both domestic and international investment. This is the way forward for creating sustainable economic opportunities.”
In discussing the potential for tourism and agri-processing industries, he added, “With the right planning, we can unlock tremendous value along these routes, particularly by integrating tourism, agriculture, and agri-processing activities.—APP
