Skip to main content

CPEC to bring about socio-economic revolution in region: PU VC

http://dailytimes.com.pk/punjab/01-Oct-17/cpec-to-bring-about-socio-economic-revolution-in-region-pu-vc

01-Oct-17by DNA


LAHORE: Punjab University Vice Chancellor Prof Dr Zaffar Mueen Nasar Saturday said that the China-Pakistan Economic Corridor (CPEC) would benefit entire region, besides positively influencing Pakistan socially, economically and politically to a great extent.

Talking to a bunch of students at his office led by senior faculty member of the Institute of Communication Studies (ICS), Dr Waqar Chaudhry, the vice chancellor said that the CPEC would accrue many economic benefits to China, Pakistan, Russia, Central Asia and other South Asian countries in terms of trade, investment and people to people contact. "It is also likely to create a regional environment whereby South Asian countries would be attracted to seek peace based on the incentives of CPEC-related economic benefits," he added.

"In this context, Afghanistan, Pakistan and India, in support of China, Russia, Central Asian Republics (CARs) and other South Asian countries, might get convinced for seeking peace in the region by resolving the disputes confronting them," he maintained.

"Our region has witnessed a lot of conflict and deprivation in the past. Time has come to turn a new leaf in the history of the region by bringing peace and prosperity and addressing the challenges of poverty, unemployment and underdevelopment," he added.

Throwing light on the declining export volume in Pakistan, he said that the CPEC project would provide a network of road and railways to link remote manufacturing facilities to the Karachi and Gwadar seaports.

"The improved connectivity will reduce the cost of transportation and curtail travel time. Not only will it enhance competitiveness of existing firms but will also incentivise exports. For instance, Pakistan's northern areas produce vegetables and fruits, such as apples, apricots and cherries. But due to a lack of good connectivity, most of this produce could not be exported. The CPEC would link the northern areas to airports in Peshawar, Rawalpindi, and Lahore. This will give a boost to the export of agricultural commodities, as most of these products were being transported by air owing to their perishable nature," he elucidated.

Moreover, the vice chancellor said that CPEC would address Pakistan's energy crisis as projects worth $35 billion had been envisaged in Pakistan in the energy sector.

Prof Dr Zaffar, a leading economist of international fame, said that the CPEC would enable Pakistan to benefit greatly from ingenuity, innovation and time-tested expertise of the Chinese industry.

"With the establishment of the economic zones in remote areas, employment and uplift will come to the downtrodden and undeveloped areas of the country, which will reduce poverty in these areas," he observed. "Enhancement of geographical linkages having improved road, rail and air transportation systems with frequent and free exchange of growth and people to people contact; improving understanding of each other through academic and cultural linkages as well as cultural activities; high volume of trade and business is a win-win model," he noted. 

 

 

Published in Daily Times, October 1st 2017

Comments

Popular posts from this blog

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

5 Shia Hazara community members gunned down in Pakistan

http://m.hindustantimes.com/world-news/5-shia-hazara-community-members-gunned-down-in-pakistan/story-CHWR4lYByRHzf2KjHjMloI.html



Five members of the minority Shia Hazara community, including two women, were killed on Sunday in an attack by unidentified gunmen in Pakistan’s restive Balochistan province.This is not the first time that members of the Hazara community have been targeted in Quetta and other parts of Balochistan.(Reuters File Photo)Updated: Sep 11, 2017 00:20 ISTBy Press Trust of India, Press Trust of India, KarachiFive members of the minority Shia Hazara community, including two women, were killed on Sunday in an attack by unidentified gunmen in Pakistan’s restive Balochistan province.The gunmen targeted a car in Kuchluck area of Quetta while it was coming from the Chaman border crossing area, police said.The firing took place when the travellers had stopped at a filling station to refuel their vehicle. Five people of the Shia Hazara community, including two women, died in …

China’s 'Digital Silk Road': Pitfalls Among High Hopes

https://thediplomat.com/2017/11/chinas-digital-silk-road-pitfalls-among-high-hopes/


Will information and communication technologies help China realize its Digital Silk Road?By Wenyuan WuNovember 03, 2017In his speech at the opening ceremony of China’s 19th Party Congress, President Xi Jinping depicted China as a model of scientific and harmonious development for developing nations. Xi’s China wants to engage the world through commerce but also through environmental protection and technological advancement. This includes Beijing’s efforts to fight climate change with information and communication technologies (ICTs) that it plans to export along its “One Belt One Road” initiative (OBOR). Xi may have ambitious plans, but could China be throwing up obstacles in its own way?In his speech, the Chinese president emphasized the need to modernize the country’s environmental protections. The Chinese state is taking an “ecological civilization” approach to development and diplomacy, with a natio…