China wishes to broaden CPEC scope

BEIJING: China has expressed desires to expand the scope of CPEC to aid the governments in their endeavour, improving the living conditions of Pakistani people.

invest with imarat

Islamabad’s emerging city centre

Learn More

Through correlative consultation, China will actively help Pakistan in carrying out projects for the betterment of people’s livelihood, said Cheng Xizhong, a visiting professor of Southwest University of Political Science and Law.

According to Xizhong, the construction of the CPEC is progressing without any hitch. The first phase of CPEC consisting of 22 projects with a cumulative investment of $19 billion is close to completion. This has further stabilised Pakistan’s economy. Comprehensive socio-economic development can be achieved on this foundation.

As the CPEC construction will enter the second stage, the focus will mainly be on industrial and agricultural cooperation, Gwadar Port construction and socio-economic development. 27 new projects will be launched this year focusing on the aforementioned sectors. Prime Minister Imran Khan has also been appreciative of the development opportunities provided by China to Pakistan. This is a testament to the unbreakable ties of the two strategic partners.

Maham Tahir

Recent Posts

Shingrai Waterfall: Your Ultimate Adventure Destination

Swat, famously known as the "Switzerland of Pakistan," is a land of mesmerizing beauty. It is…

2 days ago

Top 5 Reasons Why Millennials Are Investing in Real Estate

Millennials, often referred to as the “financially cautious generation,” are reshaping the investment landscape. Known…

3 days ago

IMARAT Group’s First Restaurant, Graanic Launches Organic Dining Experience at Mall of IMARAT

Graanic, Pakistan's premier organic food brand, has officially launched its new restaurant at Mall of…

3 days ago

Madyan Swat: The Ultimate Travel Guide

If you’re looking for a destination that combines breathtaking views, a peaceful ambiance, and unforgettable…

3 days ago

Real Estate Wealth Management: Trends and Insights for 2025

The real estate sector in Pakistan is undergoing significant transformations, and wealth management strategies are…

3 days ago

Federal Government’s Rental Rate Increase Hits Commercial Properties Nationwide

December 19, 2024— In a significant move, the federal government has announced an increase in…

3 days ago