Exciting times are ahead for Pakistan’s economy as key business leaders are rallying for the quick and efficient execution of the China-Pakistan Economic Corridor (CPEC) projects. 🛤️ The Federation of Pakistan Chamber of Commerce & Industry (FPCCI) kicked off their first meeting in Islamabad, emphasizing how CPEC is a game-changer for the country’s growth.
Saud Faisal Malik, CEO of The Daily CPEC and the convener of the FPCCI committee, highlighted that CPEC isn’t just about building roads and energy plants. It’s a powerhouse for job creation and unlocking new economic opportunities across various sectors like education, technology, and industrial development. 💡📈
\"One of our key priorities is to attract more investment into Pakistan as CPEC offers unparalleled opportunities in sectors like education, technology and industrial development,\" Malik said. He also mentioned that the FPCCI is working on recommendations to make investments more attractive through tax incentives, streamlined regulatory processes, and investment-friendly policies.
Since its launch in 2013 as part of China’s Belt and Road Initiative, CPEC has been a cornerstone for linking China and Pakistan through massive infrastructure projects. In a recent speech, Chinese Ambassador to Pakistan Jiang Zaidong shared some impressive stats: Chinese investment in CPEC has hit a whopping $25.4 billion, creating 236,000 jobs, building 510 kilometers of highways, and generating 8,000 megawatts of power. 💪🔌
With these developments, Pakistan is gearing up for a bright and prosperous future, leveraging CPEC as a key driver for sustainable growth and economic resilience. Stay tuned as these projects continue to unfold and shape the nation’s trajectory!
Reference(s):
Pakistani business group says CPEC projects vital for economy
cgtn.com