Ahsan Iqbal lauds CPEC impact on sectors

Web DeskMay 24, 2024 07:59 PMbusiness
  • CPEC boosts cooperation between China and Pakistan in various sectors
  • Strategic corridor enhances connectivity and economic growth
  • China's investment in infrastructure projects in Pakistan creates jobs and development
Ahsan Iqbal lauds CPEC impact on sectorsImage Credits: radio.gov.pk
The China Pakistan Economic Corridor (CPEC) drives economic growth and cooperation between China and Pakistan, enhancing connectivity and opening up new opportunities for development in various sectors.

The China Pakistan Economic Corridor (CPEC) has been a key driver in enhancing cooperation between China and Pakistan in various sectors. During the recent 13th Joint Coordination Committee meeting of the CPEC in Islamabad, Federal Minister for Planning and Development, Ahsan Iqbal, highlighted the significant impact of CPEC on sectors like agriculture, industry, information technology, and science.

CPEC, a flagship project of China's Belt and Road Initiative, aims to connect Gwadar Port in Pakistan to China's Xinjiang region through a network of highways, railways, and pipelines. This strategic corridor not only enhances connectivity between the two countries but also opens up new opportunities for economic growth and development.

Through CPEC, China has invested billions of dollars in infrastructure projects in Pakistan, leading to the creation of thousands of jobs and the development of key sectors like energy, transportation, and telecommunications. The collaboration between China and Pakistan under CPEC has not only strengthened bilateral ties but has also paved the way for greater regional connectivity and economic integration.

The China Pakistan Economic Corridor (CPEC) stands as a testament to the strong partnership between China and Pakistan, driving economic growth and cooperation across various sectors. As CPEC continues to progress, it is expected to bring further benefits to both countries and contribute to the overall development of the region.

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