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Home » Business News, General Business News

CPEC to help the country become self-reliant

June 20, 2018

Islamabad, June 20, 2018 (PPI-OT): The Pakistan Economy Watch (PEW) on Wednesday said CPEC will make the bumpy road to country’s self-reliance smooth. The journey will begin from self-reliance in the field of energy which will soon include many other sectors including local and regional trade, it said. The project will also boost Pakistan’s production, revenue, defense capability, internal security, political strength, international image and sustainable development, said Dr. Murtaza Mughal, President PEW.

He said that the initiative will put Pakistan on the path of progress which is not acceptable to some countries including USA and India as it will damage their dominant position in the region. China has remained a very close ally of Pakistan since decades and now economic interests have brought both the nations together which will help Pakistan resolve many problems, he added.

Poverty is rising in Pakistan which has a positive relation with environmental degradation and climate change. The poor try to consume whatever is available for their survival, so natural resources become the first victim but the CPEC has the potential to change the situation.

The creation of new economic centers across the country under CPEC will discourage migration of rural people to the cities ensuring overall development and help resolve the issue of poverty and climate change. Murtaza Mughal said that CPEC is a ray of hope for the people of Pakistan but some elements continue to criticise CPEC on different baseless grounds which is a result of lack of information.

For more information, contact:
President
Pakistan Economy Watch (PEW)
402, 4th Floor, Gulistan Khan House, Fazal-e-Haq Road,
82-East, Blue Area, Islamabad
Tel: +92-51-2510375
Fax: +92-51-2802449
Cell: +92-321-5157671
Email: president@pakistaneconomywatch.com
Web: www.pakistaneconomywatch.com

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