A man hangs decorations on a pole next to a banner showing Pakistan's President Mamnoon Hussain (L), China's President Xi Jinping (C) and Pakistan's Prime Minister Nawaz Sharif, ahead of Xi's visit to Islamabad April 19, 2015. PHOTO: REUTERS
Chinese Commercial Counsellor in Karachi Zang Zhihua has said that the China-Pakistan Economic Corridor (CPEC) is intertwined with the economic development of Pakistan.
“The CPEC framework is designed to meet the needs of the economic development of Pakistan. The projects under CPEC will create jobs and make Pakistan the heart of regional trade and connectivity,” Zhihua said while speaking at a seminar on CPEC at the Institute of Business Management (IoBM) on Tuesday.
Connecting point : Gwadar ‘set to become regional economic hub’
Commenting on the friendship fostered between the two nations, Zhihua said, “Pakistan has a special place in the hearts of Chinese people. When you ask Chinese what they think about Pakistan and its people, you only sense deep affection and respect in their responses.”
He said that projects like Gwadar port, Lahore-Karachi Motorway, expansion projects of Karakoram Highway are all under way and are expected to have positive economic and social effects on Pakistan.
Published in The Express Tribune, December 2nd, 2015.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
1735196035-0/beyonce-(7)1735196035-0-165x106.webp "article")
1730379446-0/WhatsApp-Image-2024-10-31-at-17-56-13-(1)1730379446-0-270x192.webp "pia to expand network to europe uk")
1735025557-0/Untitled-(96)1735025557-0-270x192.webp "christopher nolan casts zendaya tom holland anne hathaway and more in adaptation of the odyssey")
COMMENTS (1)
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ