Skip to main content

Industries concerned about future in the wake of CPEC

By Owais Qarni

Published: November 2, 2017



A worker monitors automatic copper wire unit. PHOTO: REUTERS

MULTANSouth Punjab comes on top in agricultural economy as it has 96% share in cotton production in Punjab and 80% in the entire country as well as pays more taxes than the industrial hub of Faisalabad, emphasised Malik Asrar Ahmed Awan, President of the Multan Chamber of Commerce and Industry.

He was giving a briefing to the visiting probationary officers of grade-18 of the 24th Mid-career Management Course of the National Institute of Management, Karachi.

Awan pointed out that south Punjab offered great opportunities for investment in the areas of agriculture, dairy products, livestock, fruit and vegetable processing and packaging. He cited the surveys conducted by the World Bank and its financing arm International Finance Corporation that ranked south Punjab second in the country for making investment.


However, the region lags far behind upper Punjab in terms of development, which necessitates the need for providing health care facilities and potable water to the people.

‘Islamabad must allay Washington’s concerns over CPEC’

Turning to the China-Pakistan Economic Corridor (CPEC) — a $57 billion programme of energy and infrastructure projects which would usher in a new era of development and growth, Awan cautioned that it could only be possible if Pakistan’s industry reaped benefits of enhanced connectivity by creating jobs and boosting exports.

Saying that policymakers were overly optimistic about CPEC and its potential benefits, he decried that local goods manufacturers, chambers and industry associations appeared to be seriously concerned about their future.

The textile industry, for instance, fears a glut of textile goods from the Chinese region of Xinjiang that may ruin their businesses.

He pointed out that Pakistan’s industry was already relying on expensive raw material imports following cotton production shortfall in the country and any increase in raw material demand from China would lead to further price hike and limited availability.

Similarly, other industries are worried that they are going to be eaten up by large-scale Chinese enterprises with significant economies of scale.

Highlighting the environmental challenges, Awan quoted experts as saying that an open-gate policy for China may bring dirty industries to Pakistan, which would result in environmental degradation.

CPEC will allow Pakistan to become global leader

He pressed the government to shift some mega CPEC projects to south Punjab.

Speaking on the occasion, National Institute of Management Director General Roshan Ali Sheikh said grade-19 and 20 officers were being trained to enable them to understand the problems of people and implement government policies.

He asked members of the Multan Chamber not to be afraid of CPEC because it would definitely prove a game changer for Pakistan.

Published in The Express Tribune, November 2nd, 2017


Popular posts from this blog

The Rise of China-Europe Railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

Balochistan to establish first medical university

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