CPEC IS UNDOUBTEDLY A GAME-CHANGER PROJECT, CHAIRMAN AIERD

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Islamabad, NOV 19 /DNA/ – China Pakistan Economic Corridor (CPEC) is undoubtedly a game changer project. The benefits of CPEC are not limited to any city or province, but its dividends are for the whole region.

CPEC has been providing multifaceted opportunities for Pakistan to further enhance regional connectivity and the national economy. In a statement, Zahid Latif Khan, chairman of Asian Institute of Eco-civilization Research and Development (AIERD), said “There is no second opinion that CPEC is going well and contributing to the economic growth and development of Pakistan”.

To exploit the full potential of CPEC, Pakistan will have to build reliable and efficient avenues of connectivity on the principle of win-win cooperation, as with every step of industrialization and rapid economic growth the need for connectivity multiplies, he added.

While referring to his meeting with Chinese Ambassador Nong Rong, Zahid Latif Khan said that it was a productive meeting and assured him of all kind of assistance and cooperation at various levels.

 E-Commerce is an emerging business in Pakistan and around the world and we can learn from Ali Baba’s experience in this specific sector, he added. The Chinese envoy also desired to visit ISE REIT Management Company for close cooperation and further enhancing trade ties, he added.

The recently held 10th Joint Cooperation Committee meeting between China and Pakistan has given a new impetus to the work and cooperation in the fields of industry, renewable energy and transportation. The connectivity is observing a new vigor,” he said.

Khan said that Pakistan can learn from the experience of leading economies of the world, especially from China, how connectivity helped these countries grow exponentially.

Being part of CPEC, which is a flagship project of the China-proposed Belt and Road Initiative, Pakistan can benefit from the experience of China, he said, adding that “Pakistan can work on connectivity strategy and tag it with industrial development and modernization of economy under CPEC.”