Business leaders praise CPEC for transforming Pakistan’s economy

LAHORE: A day-long workshop on “Developing Leaders and Business Managers was held here to evaluate the socio-economic turn-over of China Pakistan Economic Corridor.

The workshop attended by CEOs of some major companies was an opportunity to share insights and experiences for rapid development in Pakistan. Salman Shah, Advisor on Finance to the Government of Punjab was the chief guest on the occasion, reports Gwadar Pro media net.

The Advisor in his remarks highlighted the achievements of the CPEC in transforming Pakistan’s economic and trade landscape. He lauded economic turn-over this mega project.

Those who addressed the workshop included Mr. Muhammad Mudassir Tipu, Director General China, Ministry of Foreign Affairs and Wang Zihai, Chief Representative of China RDI and President of Chinese Enterprises Service Ltd.

Wang Zihai underscored that limitless opportunities existed as a result of CPEC’s execution and emphasized that Pakistan needed to bring about far-reaching reforms in various socio-economic sectors to get maximum advantage of CPEC. He also highlighted China’s experience of miraculous reforms that changed the destiny of China.

The speakers emphasized that greater synergies may be created to deepen linkages between Western China and Pakistan. They noted that rising cost of labor in China as well as labor shortages were an opportunity for Pakistan to devise attractive policies which can help relocation of Chinese industries to Pakistan. Deeper cooperation between academia.