Skip to main content

Pakistan’s various sectors ready to receive CPEC benefits


ISLAMABAD: Economic experts claimed that Pakistan’s various sectors are ready to receive maximum benefits from China-Pakistan Economic Corridor (CPEC) project.

According to political economists, many sectors will benefit from the project. In addition to the economic corridor, CPEC in Pakistan will include energy projects, infrastructure development, industrialization, and the expansion and improvement of Gwadar Port. The project has great potentials for Pakistan in both economic and regional domains.

They said that the goal of CPEC is both to transform Pakistan’s economy—by modernizing its road, rail, air, and energy transportation systems—and to connect the deep-sea Pakistani ports of Gwadar and Karachi to China’s Xinjiang province and beyond by overland routes.

Expert Nasreen Khalid said that the features of CPEC included integrated Transport & IT systems including Road, Rail, Port, Air, and Data Communication Channels, Energy Cooperation, Spatial Layout, Functional Zones, Industries, and Industrial Parks and Agricultural Development.

She said that various studies highlighted the importance of CPEC for Pakistan and its role in the development quest of Pakistan. CPEC presents multidimensional benefits for Pakistan. It has been predicted that there would be an increase of 6.43 percent in national GDP due to transport infrastructure.

She said that better transport infrastructure would also help Pakistan increase trade. It has forecast that Pakistan’s trade can increase by 9.8 percent if Pakistan implements reforms and transport infrastructure under CPEC. It would be a huge contribution, keeping in mind the existing situation of trade.

Another expert Usman Naeem said that the Gwadar Port has already been operationalized and has started to deliver benefits to the people of Balochistan. The port has introduced multidimensional benefits for the province and will turn Gwadar city into a hub for regional connectivity.

He added transit trade through Gwadar will bring new opportunities for livelihoods for local people and the province. It will also help enhance trade with Afghanistan, especially from the Balochistan border.

He said that Chinese companies are also contributing to local development. For example, COPHC, the executing agency for the Gwadar Port, has created more than 4000 jobs during the last five years in Balochistan. COPHC is also contributing to the education sector. It has built a school in one of the most backward areas of the country, he added. 395


https://dailytimes.com.pk/768280/pakistans-various-sectors-ready-to-receive-cpec-benefits/

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please 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 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger ,  Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018  43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found  here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and