Deputy Chairman of Planning commission, Sartaj Aziz said
that CPEC is vital for the whole region and is not against any country but for
the peace and prosperity for all the nations around the globe.
He was addressing the session on China Pakistan Economic
Corridor during the 2nd day of Pakistan Capital investment summit & Expo
2018 held in Islamabad. Sartaj Aziz said
that CPEC is not just about roads and infrastructure but its all about people
to people connectivity for the brighter future of the world. CPEC will
transform our country into an economic power that all the Pakistanis wanted.
While commenting on the economic growth, he told that
Pakistan was stuck at merely 3% growth rate from 2006 onwards for almost 7, 8
years but during last 4 years of current government economic growth witnessed
by all and government is eyeing to achieve 6% growth in current year.
He said that Chinese President Xi's idea of one belt one
road is just a concept to building roads , it connects policies, public and
intellectuals. He said that Pakistan is proud that CPEC is flagship project of
OBOR and Pakistan's CPEC is far ahead of other countries in terms of progress
regarding OBOR project.
He mentioned that exports have expanded and China has become
the highest export partner for Pakistan. Sartaj Aziz further stated that in the
next phase of CPEC implementation, railway infrastructure will be built at
greater level. He assured that Pakistan will become a powerful economy by
2030.
During the session, Director General FWO, Lt. Gen. Muhammad
Afzal said that Pakistan is not just a bridge between China and sea but
realistically Pakistan is to connect the whole world. He stated that all the
law enforcement agencies are well geared up to face any challenge in
implementing the CPEC. He told that there is no security threat to CPEC, he
offered his fullest support if any investor want to visit Baluchistan for
investment. He mentioned that there are number of opportunities of investment
in different sectors like mining, real estate etc.
In other sessions of the summit, outlook and investment
potential of energy sector, Creation of value through technology and FDI and
challenges, potential & future of wealth management in banking sector were discussed. Key industry leaders and dignitaries from
government institutions were among the panelists.
Yusuf Hussain CEO, IGNITE elaborating on the IT industry in
Pakistan said that this industry is growing rapidly and today it is worth $3.5
billion and is expected to double in next three years. The leaders in IT
industry were of the view that IT industry has the potential to grow and create
a big base for employment generation.
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