Home Latest News CPEC phase-II to unlock major opportunities for Pakistan, says Ahsan Iqbal
Latest News - June 9, 2024

CPEC phase-II to unlock major opportunities for Pakistan, says Ahsan Iqbal

Minister for Planning and Development Ahsan Iqbal emphasized that the high-quality development of Gwadar under the China-Pakistan Economic Corridor (CPEC) will transform it into a world-class port city, boosting maritime trade opportunities, including access for landlocked Afghanistan. In an interview with Xinhua, he highlighted that investment opportunities in Gwadar are open to all countries willing to collaborate with Pakistan and China. Following the early harvest projects of CPEC, the next phase promises substantial benefits for Pakistan, enhancing livelihoods, socio-economic development, agricultural innovation, and industrial growth, positioning the country as a model of export-led growth.

Minister for Planning and Development Ahsan Iqbal says high-quality development of Gwadar under China-Pakistan Economic Corridor will help it evolve into a world-class port city with opportunities maritime trade.

In an interview with Xinhua, he said Gwadar Port presents significant opportunities for maritime trade in the region, including giving access to landlocked Afghanistan.

Ahsan Iqbal said opportunities to invest in Gwadar are available to all countries to collaborate with Pakistan and China and enjoy the fruits of CPEC.

After completing early harvest projects in the first phase of CPEC, the minister said, the forthcoming phase will unlock significant opportunities for Pakistan, enhancing livelihoods and socio-economic development.

It will also connect Pakistan with cutting-edge technologies, driving an agricultural revolution and enhancing industrial growth to boost the country’s industrial capabilities, helping Pakistan become a model of export-led growth.

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