ISLAMABAD, Pakistan: The Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Friday said that after the completion of China Pakistan Economic Corridor (CPEC), Pakistan would emerge as the new regional center of trade.
While speaking during his visit to the CPEC Center of Excellence in Islamabad, the minister said that CPEC would be proved a game changer not only for Pakistan but the whole region and would it become a source of mutual coordination of the Countries in the region.
The minister said that some elements were engaged in spreading negative propaganda against the Pakistan China Industrial Cooperation.
“But we will not let them succeed in their nefarious designs”, he said.
Ahsan Iqbal said that said the negative impacts of the opponents’ campaign against CPEC could be repelled by initiating sustainable defence campaign against them.
The planning minister said the private sector must take part in the country’s development process.
Furthermore, the minister said that the Chinese leadership wanted to boost the industrialization in Pakistan.
Ahsan said that due to costly labour in China, the industries were being shifted to Pakistan now. He said that in these industries, Pakistani labor would work because it seems illogical to bring the costly Chinese labor to these industries in Pakistan.
The minister also inspected the construction work of the CPEC Center of Excellence, and suggested ways to further improve the project.
The minister asked researches to research for improving balance of trade of the country.
He said due to the mega project of CPEC, the geo economic situation of the country was being changed.
“We will have to make extra endeavors to get extra ordinary results”, he added.
