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Pakistani Industries reshaping due to CPEC

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Pakistani Industries reshaping due to CPEC
Category : Latest News Source : Business Recorder Date : 10-04-2018

Industries in Pakistan are being reshaped to make them compatible with the others after launch of China-Pakistan Economic Corridor (CPEC), said the President of Lahore Chamber of Commerce and Industry (LCCI) Malik Tahir Javed while talking to media. He stated that reshaping businesses, keeping in mind the dynamics of CPEC, is need of the hour.



Industries reshaping due to CPEC


LAHORE: Industrialists in Pakistan have started reshaping their units to make them compatible with others after launching of the China Pakistan Economic Corridor (CPEC).


President Lahore Chamber of Commerce and Industry (LCCI) Malik Tahir Javed said this while speaking in an APP News Television programme ‘Dialogue with Rubnawaz Bajwa’, here on Monday.

“I myself have started making my industrial units advance as I know that there is no way out but to get compatibility. It’s a must for our survival; those industrialists and businessmen who will not understand dynamics of the CPEC era, they will face losses and may not be able to survive in future,” he said.

He said that lazy and inefficient persons could not survive anywhere and same is the case of business and industry.

Malik Tahir Javed said that someone who remains inefficient, ignorant, incompatible or lazy have no right to demand or expect good outcome of his activities.

“I don’t feel that the apprehensions being expressed by some elements regarding CPEC have any truth. In my view the benefits and opportunities of CPEC are so heavy that they have made issues attached with it meaningless.”

He, however, said that Pakistani officials and businessmen while making deals with their counterparts in China, should have properly protected their interests and then acted upon it in letter and spirit to share benefits.

He said that he knew his friends in Gawader and other parts of the country, who have become millionaires after the launch of CPEC. “There are my friends in Gawader Chamber of Commerce and Industry, who have earned a lot because of CPEC,” he said. These are the benefits our people have started reaping, he added.

Port is being made operational in Gawader and industry is becoming compatible in Multan, Okara and Lahore etc., he said. “Actually Pakistanis are blessed with wonderful abilities of learning and competing, they can learn from others very fast.

That’s why I am confident to believe that CPEC is just a win win situation and there is nothing to be worried about it,” he said.
 
CPEC become one of top regional cooperation projects in world: Interior Minister

04/10/2018 | 12:45pm


Minister for Planning, Development, and Reforms Ahsan Iqbal on Monday said that China Pakistan Economic Corridor (CPEC) had become one of the top regional cooperation projects in the world which will connect Central Asia, China, and South Asia.

'CPEC is proving to be oxygen for Pakistan as the country's economic growth increased due to huge investment being made in infrastructure and energy sector under the mega project,' Ahsan Iqbal said while addressing CEO's Forum at Boao Forum in China.

According to a press release received here, the minister said that all groups and political parties in the country were supporting the project to ensure success of CPEC. He said Pakistan Vision 2025 was meant not only for development but its main target was also to eradicate poverty from the country.

Iqbal said CPEC helped the country to come out of energy crisis and with the uninterrupted supply of electricity to industries, the industrial production had significantly increased besides creation of thousands of new job opportunities. Regarding Gwadar port, Iqbal said it would emerge as the top sea port of Asia.

He informed that the CPEC projects were approved on the basis of solid feasibility studies. He said under CPEC, nine industrial zones were being constructed across the country which will create numerous new jobs.

© Pakistan Press International, source Asianet-Pakistan
 
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