CPEC to increase Pakistan-China trade by 24%

ISLAMABAD, Pakistan: The trade between Pakistan and China is likely to enhance by 24 percent after completion of $46 billion China-Pakistan Economic Corridor (CPEC) project, according to sources.


The sources said that the project will open immense trade opportunities for Pakistan with other regional countries as well.

They said that the project will create greater economic integration in the region and help create 500,000 to 800,000 new jobs in Pakistan.

Under the CPEC, special industrial parks will be set up in all the federating units.

The CPEC project envisages construction of infrastructure projects such as motorways, expressways and rail lines to bolster connectivity. Likewise, several power projects will also be established to help Pakistan meet its growing energy requirements.

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