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