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CPEC will bring economic revolution in region: Experts

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Economist Mirza Ikhtiyar Baig has said that the China-Pakistan Economic Corridor (CPEC) project will bring an economic revolution in the region and will benefit all the countries in the region.

Talking to Radio Programme he said, both China and Pakistan have been enjoying diplomatic, political and brotherly relations since long and now these relations have also been extending to economic relations as well,

Mirza Ikhtiyar Baig said the CPEC is a game changer project that is a win-win situation for both the countries. The multibillion rupee is a multipurpose task, including the system of streets, railroads, seaports, air terminals, improvement, foundation, and numerous openings for work. Certain job opportunities will also be created through this project.

Pakistan will have an easy access to other countries that will improve trade relations. Pakistan needs to make long-haul arrangements in future, he suggested.

Chairman, Pakistan Economic Forum Hamayun Iqbal Shami said the CPEC would also help Pakistan in overcoming energy problems and improving its economic growth through construction of good roads and railways network.

Completion of many power projects launched by the incumbent government under the CPEC would help in overcoming energy crisis as well, he added.

Posted on: 2018-04-25T11:45:00+05:00