CPEC progresses despite pandemic

der CPEC, could lay a strong foundation for growth of Pakistan’s economy


Our Correspondent December 25, 2020
PHOTO: REUTERS/FILE

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LAHORE:

China-Pakistan Economic Corridor (CPEC) projects progressed despite grave economic and health challenges posed by the Covid-19 pandemic, which would help Pakistan to sustain the emerging economic challenges, said Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President SM Naveed. Speaking at a meeting of the PCJCCI think tank, he said as the global economy still faced uncertainties amid the pandemic, a more independent, resilient and flexible industrial chain, under CPEC, could lay a strong foundation for growth of Pakistan’s economy. He said the biggest dividends people of Pakistan were going to reap due to CPEC in the coming days were creation of massive local jobs, transformation of technology, particularly in new areas of science and technology, industrialisation and improved agricultural practices. He appreciated the government for building more independent and controllable industrial chains to help Pakistan better cope with economic risks amid the Covid-19 pandemic.

Published in The Express Tribune, December 25th, 2020.

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