Private sector’s role crucial in CPEC, says BoI

'Government committed to facilitating private sector'


APP July 29, 2017
PHOTO: REUTERS

ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) will spark development in trade and industry, which is the driving force behind economic growth and prosperity in the country, said the Board of Investment (BoI).

“The sustainability of the entire CPEC project depends on industrial cooperation, which is its main component,” commented BoI spokesman Shah Jahan Shah on Friday.

No panic among business circles, but caution urged

Speaking at a consultative session on CPEC challenges and opportunities held at the Karachi Chamber of Commerce and Industry (KCCI), he said the role of private sector was more crucial in the current phase of CPEC.

Shah was of the view that there was a lot of transparency and the government was committed to facilitating the private sector in its endeavours.

Published in The Express Tribune, July 29th, 2017.

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