Ahsan Iqbal Highlights Gwadar Airport and CPEC-II for Pakistan's Prosperity

In recent developments, Federal Minister for Planning and Development Ahsan Iqbal has emphasized the significant role that the Gwadar airport and the China-Pakistan Economic Corridor Phase II (CPEC-II) will play in ushering in a new era of prosperity for Pakistan. This initiative is expected to not only enhance economic growth but also improve connectivity within the region.

Ahsan Iqbal stated that the government is set to commence CPEC-II with the assistance of China. This phase aims to establish five economic corridors, which will facilitate trade and investment opportunities across the country. The minister highlighted the potential of Gwadar as a cargo hub, which could significantly boost business activities for the local population in Balochistan.

Moreover, Iqbal pointed out the importance of regional connectivity through the Shanghai Cooperation Organization (SCO). He mentioned that improved rail and road links would strengthen business relations with Central Asian states and Europe, thereby expanding Pakistan's trade network. This is a crucial step towards integrating Pakistan more deeply into the global economy.

In response to inquiries about the revival of trade routes, Ahsan Iqbal noted that the Gwadar and Oman routes could be revitalized to enhance economic activity in the region. This revival could lead to increased trade and investment, benefiting not just Pakistan but also its neighboring countries.

Addressing concerns regarding political gatherings, he firmly stated, "No one would be allowed to create hurdles during the summit." This indicates the government's commitment to maintaining order and ensuring that economic initiatives proceed without disruption.

The development of Gwadar airport and the launch of CPEC-II represent a pivotal moment for Pakistan. These projects are not merely infrastructural developments; they are gateways to economic transformation. As the country stands on the brink of this new chapter, it is essential for all stakeholders to collaborate effectively to harness the full potential of these initiatives. The future of Pakistan's economy may very well depend on the successful implementation of these ambitious plans.