CPEC provides opportunities for Pakistan to strengthen connectivity

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CPEC provides opportunities for Pakistan to strengthen connectivity, national economy

Xinhua
November 19, 2021

The China-Pakistan Economic Corridor (CPEC) has been providing multifaceted opportunities for Pakistan to further enhance regional connectivity and the national economy, a Pakistani expert said on Thursday.

To exploit the full potential of CPEC, Pakistan will have to build reliable and efficient avenues of connectivity on the principle of win-win cooperation, as with every step of industrialization and rapid economic growth the need for connectivity multiplies, Zahid Latif Khan, chairman of Asian Institute of Eco-civilization Research and Development, said at a seminar on CPEC here.

"There is no second opinion that CPEC is going well and contributing to the economic growth and development of Pakistan. The recently held 10th Joint Cooperation Committee meeting between China and Pakistan has given a new impetus to the work and cooperation in the fields of industry, renewable energy and transportation. The connectivity is observing a new vigor," he said.

Khan said that Pakistan can learn from the experience of leading economies of the world, especially from China, how connectivity helped these countries grow exponentially.

Being part of CPEC, which is a flagship project of the China-proposed Belt and Road Initiative, Pakistan can benefit from the experience of China, he said, adding that "Pakistan can work on connectivity strategy and tag it with industrial development and modernization of economy under CPEC."

The expert also highlighted the need of devising a connectivity policy, which can help Pakistan and partner countries boost trade and attract foreign direct investment and place them at the prime place in the global supply chain.

 

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Gwadar set to become pivotal regional connectivity hub through CPEC: Senator Mushahid Hussain​

February 27, 2023

KARACHI: In the Eighth Gwadar Book Festival, University of Gwadar (UG) organized a session on “Great Power Rivalry or Cooperation? Gwadar, Pakistan and Geo Economics” in RCDC Gwadar previous day.

The keynote speaker was Senator Mushahid Hussain Syed, Other panelists at the discussion included Dr. Aqdas Afzal, Program director Habib University and Mir Sher Baz Khetran Research Fellow at the Institute of Strategic Studies (ISSI).

The discussion was moderated by Dr. Syed Manzoor Ahmed, Pro Vice-Chancellor University of Gwadar.

Senator Mushahid Hussain Syed said Pakistan was in a strategic location where huge transformations and transitions were taking place: the peaceful rise of China, and Pakistan endeavouring to be the hub of regional connectivity through CPEC, by making a transition from geopolitics to geo-economics.

He said after 42 years of war in Afghanistan, which affected Pakistan directly, the country cannot be a party to any new conflict, confrontation, or Cold War, as connectivity and cooperation are the need of the hour.

Senator Mushahid underlined the need for proactively promoting CPEC, which is the flagship of the Belt and Road Initiative (BRI), the most significant diplomatic and developmental initiative in the 21st century.

Dr Aqdas Afzal said that economy of these countries was also considered far away from the economy of the United States, but now China has achieved its economic development to a considerable extent.

Further he said that development in Gwadar can be possible only when the people of Gwadar are made stakeholders in its development.

The session ended with a question and answer segment.

Gwadar University Vice-Chancellor Prof Dr Abdul Razzaq Sabir, Former President RCDC Gwadar Khuda Bakhsh Hashim, Dr Badal Khan, political and social personalities, faculties and students were present.