10 years on: CPEC contributes to socio-economic development of Pakistan

kasb

BEIJING, Oct 31 (APP): “Generally, the Chinese side has always wanted that Pakistan must grow and develop using the advantage of China-Pakistan Economic Corridor (CPEC). It would become a new engine for the economic development of Pakistan,” said Chairman of KASB Group, Nasir Ali Shah Bukhari.
Speaking at recently held event “10 Years of Belt and Road Initiative – CPEC” Nasir Bukhari said that CPEC was launched as a game-changer project in Pakistan, and it changed the livelihoods of millions of people in the country.
“Energy, transportation infrastructure and power projects such as Gwadar port, Gwadar East-Bay Expressway and Sahiwal Power Plant have laid a solid foundation for Pakistan’s economic development,” he added.
Since its inception, CPEC has opened doors for economic and social welfare in Pakistan. This has been achieved through the creation of jobs, exchange of personnel, poverty alleviation, and various relief projects. These findings were revealed in a report by Pakistan’s stock brokerage and corporate advisory firm, KASB KTrade Securities, during the event, CEN reported.

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