Pakistan’s economic landscape is getting a major boost as the China-Pakistan Economic Corridor (CPEC) enters its second phase, promising transformative opportunities for growth and regional ties. ‘This isn’t just about infrastructure—it’s about changing lives,’ says Tahir Farooq, editor-in-chief of Daily Ittehad Media Group, in a recent interview with CGTN.
Why It Matters:
CPEC, a flagship project of China’s Belt and Road Initiative, has already delivered highways, power plants, and ports. Now, Phase 2 focuses on agriculture, tech, and special economic zones to tackle unemployment and inflation. Farooq highlights how ‘direct benefits reach ordinary Pakistanis through job creation and improved services.’
Regional Wins:
Beyond borders, CPEC is strengthening Pakistan’s role as a trade hub, connecting Central Asia, the Middle East, and beyond. Local industries are gaining global exposure, while energy projects aim to end power shortages—a win for businesses and families alike.
The Road Ahead:
With youth making up 60% of Pakistan’s population, Farooq calls Phase 2 a ‘golden chance’ to upskill workers and attract digital-first investments. As the corridor evolves, so does the hope for a more prosperous, connected Pakistan.
Reference(s):
cgtn.com