The eyes of Economic experts all around the world are currently on the Pak China Friendship Bond which has leaded to China Pakistan Economic Corridor. Experts are suggesting that the project should be completed on time and with all operations moving soothingly.
The eyes of Economic experts all around the world are currently on the Pak China Friendship Bond which has leaded to China Pakistan Economic Corridor. Experts are suggesting that the project should be completed on time and with all operations moving soothingly. As it is not hidden any more that CPEC is a mass project needing focus sincerity and capacity to perform to extract all sorts of profitable juices from the project stated the chairman of National University of Science and Technology based in Karachi.
The project is pushing a positive change in the minds of people all around the world it is believed by Experts that the CPEC had the ability to change the image of the country as it would raise the economic growth about 2% which will slowly and gradually rise to about 7 to 8 % in the coming years. It is currently being seen that almost half a ton of goods are currently being dealt with Gawadar port and after development of CPEC it would reach to the height of 1 million by next year. The experts have made anticipation that the port will be handling goods of 300 to 400 million tons per year till 2030.
Whenever a foreign company comes and invests so trade relations increase the CPEC project is being aimed with the objective where it is stated by former finance Minister Mr. Salman stated that around 500 Chinese companies will have their existence in Pakistan , along with huge crowd of both sides travelling cross borders estimated up to 25 million annually. The experts are also saying that job opportunities will be created up to 25 million with hundreds of flights would be operated everyday between China and Pakistan denoting boom of trust and business.
The shares of cement Industry of Pakistan will reach to great height as the cement manufacturing companies are all engaged in supplying cement to the CPEC project and all the other associated companies coming into existence after CPEC’s announcement. Construction Industry has received overall positive input as the safety and security measure taken by Pakistan army has gained investors confidence once again.