CPEC created 155 thousand jobs in Pakistan in 10 years IG News

Web Desk: China Pakistan Economic Corridor has created 155 thousand jobs for the people of Pakistan during ten years. This great project, which will have its tenth anniversary this year, is playing a key role in promoting mutual cooperation between Pakistan and China. These things were said during the regular press conference of the National Development and Economic Reform Commission of the People’s Republic of China in Beijing.

In the press conference, NDAC informed that CHPEC has given great results in ten years including completion of Gwadar Port, Energy and Infrastructure projects. Power projects built under CPEC are now operating on a commercial basis and meet one-third of Pakistan’s electricity needs. These power projects have changed the scenario of power shortage in Pakistan. Several road construction projects under CPEC are progressing as per schedule.

Gwadar Port, built jointly by Pakistan and China, has become the center of logistics and industrial development in the region. The construction of the first phase of the Economic Zone in Rishkai has been completed and the Economic Zone is receiving positive results in terms of investment and attention from the business community.

It was informed by NDAC that till December last year CPEC created a total of 2 lakh 36 thousand jobs and employment opportunities out of which 1 lakh 55 thousand jobs and employment opportunities were obtained by Pakistanis.

The NDRC expressed its determination that in the coming days, cooperation with Pakistan in the fields of communication, transport, energy and industrial development and employment opportunities for the people will be further promoted and mutual cooperation will be enhanced. Expansion to minerals, agriculture and technological sectors will also be given attention.

Meanwhile, Pakistan, China and Afghanistan have also agreed to extend the scope of CPEC to Afghanistan and the work of expanding CPEC is going to start in Afghanistan as well. Being a landlocked country, Afghanistan needs Pakistan’s port facility for its import and export, now Afghanistan has become the first Central Asian country to use the Gwadar port, developed with China’s investment, for cross-border trade. doing. In 2019, after several rounds of negotiations, Gwadar Port received an e-export license to Afghanistan. In 2020, Afghanistan imported 43 thousand tons of fertilizer from Gwadar port.