CPEC to benefit entire region, say analysts

Published August 31, 2015
The CPEC and its strategic geographical position, he said, would help Pakistan emerge as trading hub.—AFP/File
The CPEC and its strategic geographical position, he said, would help Pakistan emerge as trading hub.—AFP/File
The CPEC and its strategic geographical position, he said, would help Pakistan emerge as trading hub.—Planning Commission of Pakistan
The CPEC and its strategic geographical position, he said, would help Pakistan emerge as trading hub.—Planning Commission of Pakistan

ISLAMABAD: The chairman of the Gwadar port, Dostain Jamaldini, said the China-Pakistan Economic Corridor (CPEC) was not just the name of a road or railway system but a mega project.

Speaking to Radio Pakistan, he said the CPEC would not only benefit Balochistan but also prove beneficial for the country’s three other provinces and other countries in the region.

Jamaldini claimed the CPEC would bring more prosperity to Balochistan. He said the government was giving top priority to the development of Balochistan and this project was one of them. He added that the Gwadar port was functional and after the CPEC was completed, Pakistan would have access to central Asian countries and Europe. Economist Dr Shahid Hassan Siddiqui said the CPEC would reduce unemployment in the country. He added that the functioning of Gwadar port will bring an economic revolution and business activities will get a much needed boost.

Analyst Dr Manzoor Khan Afridi said the CPEC was a very important project. He added that it would not only benefit Pakistan but other countries of the region as well. According to Dr Khan, trade statistics have been raised significantly which would ultimately benefit the economy.

He said it was expected that the trade volume would increase after the CPEC was completed. He added that due to this, Gwadar project would become an important seaport as it would be dealing with one-third of the region’s trade activities.

Also read: CPEC projects: status, cost and benefits

Dr Khan claimed that China and Pakistan were committed to taking the project to its maximum height. He said many countries like Afghanistan, Russia and Kazakhstan were also taking an interest to invest in the project for their mutual interests.

The CPEC and its strategic geographical position, he said, would help Pakistan emerge as trading hub. He added that Russia was interested in the project as it would provide them access to warm waters.

Published in Dawn, August 31st, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Most Popular

01

02

03

04

05

06

07

08

09

Opinion

A decade of change & stagnation
Updated 20 Sep 2021

A decade of change & stagnation

Over a decade, three more women out of 100 aged between 19 and 39 have acquired college degrees, compared to only two more men.
All about life
Updated 20 Sep 2021

All about life

There is no shortage of issues on which the Single National Curriculum has stirred controversy.
‘Honourable men’
20 Sep 2021

‘Honourable men’

Is it ambition to support our athletes only after they bring us glory?
Concerns of proxy wars
Updated 19 Sep 2021

Concerns of proxy wars

A lobby in the US favours a plan for proxy warfare so that America can sustain its global influence.

Editorial

20 Sep 2021

Banking for women

AS the old adage goes, the proof of the pudding is in the eating. How far the new State Bank initiative —...
Off the red list
Updated 20 Sep 2021

Off the red list

There are aspects of coronavirus management, especially by developed nations towards those less so, that smack of discrimination.
20 Sep 2021

Exciting frontiers

HISTORY was made on Wednesday at the Kennedy Space Centre in Cape Canaveral. It was not the launch of the first, or...
Talking to the Taliban
Updated 19 Sep 2021

Talking to the Taliban

PRIME Minister Imran Khan has announced that he has started a dialogue with the Taliban for the formation of a...
New Zealand’s departure
Updated 19 Sep 2021

New Zealand’s departure

THERE was chaos and despair when New Zealand decided to call off their tour of Pakistan barely minutes before the...
19 Sep 2021

Crucial polio campaign

THE national vaccination campaign that kicked off in Khyber Pakhtunkhwa on Friday is being described by experts as...