CPEC — a flagship project


The China-Pakistan Economic Corridor (CPEC), a flagship project of the China-proposed Belt and Road Initiative (BRI), is one of the most important projects for the economic revival of Pakistan.
“CPEC’s phase two will be developing an industrial hub in the country, providing many opportunities for local and foreign investors.
Pakistan is an agricultural country and its economy depends on the development of the agriculture sector, which meets most of the food requirements of the country.
There are several areas where we can benefit from the excellent research and experience of Chinese agricultural sector, for improving the quality of the seed, and then benefiting from the research and development to improve our yield, and to improve and modernize our mechanical cultivation and harvesting.
Pakistan is also working on upgrading its livestock sector and enhancing its meat exports, which can all be expected to achieve with the cooperation of China.
Coal power plants working under CPEC in Pakistan are making sure that they use state-of-the-art technology to meet world standards in emissions, removing the apprehensions that they are hazardous to the environment. The common people of Pakistan are the ultimate beneficiaries of the CPEC projects.
Apart from job opportunities and livelihood prospects, CPEC is also solving the daily life problems of people, citing the example of the country’s southwest Gwadar district where people had a shortage of clean drinking water and electricity.
In phase two, huge jobs opportunities would be created for people and special importance will be attached to their skill enhancement and for that purpose, vocational training institutes will be constructed in special economic zones. The strategy is that the unskilled people are going to be trained and hired in the project activity and thereafter, they will get opportunities to earn and support their families.
On the role of the BRI in Pak-Afghan cooperation, the BRI would unfold a lot of economic opportunities for landlocked Afghanistan, which will get the chance to enhance its exports through regional connectivity offered by the BRI. The BRI has got a clear-cut mandate for the regional connectivity, whether it is in Afghanistan or other neighboring countries, CPEC phase two will not only bring revolution to Pakistan but also benefit Afghanistan.
Due to CPEC’s special economic zones, Pakistan is going to be a major manufacturing hub which will not only uplift Pakistan’s economy but will also create huge opportunities for Afghanistan to rebuild and revive its economy Afghanistan is a landlocked country, so it will have to depend on Pakistan for its needs in terms of importing and exporting. So this regional connectivity through the BRI will be really providing opportunities for us to develop further ties with our brotherly country Afghanistan and also providing the mutual opportunities for the growth of the economy in Afghanistan and Pakistan.