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Reinvigoration of CPEC

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GIVEN the unique nature of Pakistan-China relationship, any visit by high level dignitary to each other’s country always assumes great significance.

The visit of Prime Minister Imran Khan to Beijing is being seen as an important one to fast track the multibillion China-Pakistan Economic Corridor project, the flagship project of BRI.

In an interview on Wednesday, Minister for Information and Broadcasting, Fawad Chaudhry, said that twenty one different sectors have been identified to be discussed with the Chinese leadership during Prime Minister Imran Khan’s China tour, which he expressed the confidence will help reinvigorate CPEC project.

This very friendship is blossoming into the hearts of the peoples of two countries and the CPEC has turned this relationship into a strategic economic partnership.

Indeed this is a win-win project for the two countries which carry immense benefits for the region in terms of trade and economic integration.

A state-of-the-art road infrastructure has been developed in Pakistan under the CPEC which has improved connectivity and facilitating both the farmers and industrialists to transport their products to the markets in a most secured and swift manner.

However, as we have been emphasizing in these columns, there is a need to fully operationalize the Special Economic Zones (SEZs) under the CPEC.

For this, the very meetings of Prime Minister Imran Khan in Beijing with the Chinese leadership as well as the businessmen will be important one as their investment and that too in big numbers is what Pakistan looking for to populate the SEZs and realize the long cherished dream of taking the country towards rapid industrialization.

This will create job opportunities for our youths in abundance and also contribute to the economic growth.

Both the countries have always stood by each other in difficult times and we are confident that the Chinese leadership and investors will be more forthcoming to help Pakistan tread the path of industrial and technological revolution which is the only way through which we can achieve self-reliance and get rid of dependence on foreign loans.

We will also suggest PM Khan to take up with the Chinese leadership the upgradation of ML-1as this project is very vital not only to lift Pakistan Railways out of current dire straits but also reap the true dividends of connectivity in the region.

 

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