🚀 Pakistani business leaders are calling for a speedy rollout of the China-Pakistan Economic Corridor (CPEC) projects, saying they're vital for boosting the country's economy and industrial growth. 🌟
At the first meeting of the Federation of Pakistan Chamber of Commerce & Industry (FPCCI) in Islamabad on Monday, key trade and business figures discussed the importance of CPEC, according to The CPEC Daily. 🏢
Saud Faisal Malik, CEO of The Daily CPEC and convener of the FPCCI committee, emphasized that timely execution of CPEC projects goes beyond just building infrastructure and growing energy sectors. \"It's a crucial driver of job creation and a means to unlock new economic opportunities,\" he said. 💼✨
\"One of our key priorities is to attract more investment into Pakistan as CPEC offers unparalleled opportunities in sectors like education, technology, and industrial development,\" Malik added. 🚀
\"We will work on formulating recommendations for incentivizing investments, including tax incentives, streamlined regulatory processes, and investment-friendly policies,\" he continued. 📈
Launched in 2013 as part of China's Belt and Road Initiative, CPEC is a major infrastructure program linking China and Pakistan. 🌐 It's not just about roads and bridges; it's about connecting people and economies. 🤝
In a speech in December 2024, Chinese Ambassador to Pakistan Jiang Zaidong highlighted that Chinese investment in CPEC had reached $25.4 billion. He noted that CPEC has helped create 236,000 jobs, built 510 kilometers of highways, and generated 8,000 megawatts of power. ⚡️🛣️
With the push from Pakistani business leaders, CPEC could be the game-changer that propels Pakistan's economy to new heights. Stay tuned! 🚀🇵🇰
Reference(s):
Pakistani business group says CPEC projects vital for economy
cgtn.com
