Friday, 26 April 2024, 07:36:38 pm

Special Economic Zones under CPEC would generate massive job opportunities

Mirza Ikhtiyar Baig (Economist): It is appreciable that Pakistan has successfully completed the first phase of CPEC and entered into the second phase. The special economic zones would enhance economic activities and generate massive job opportunities. The incumbent government is taking corrective measures to make conducive environment for investors. Pakistan has cheap human capital and highly skilled labor. CPEC would change the fate of the entire region. Security is a real challenge to CPEC as India is jealous of Pakistan improving its economic position. The time is near when Pakistan will reap the benefits of this mega project. Gwadar is the future trade hub of Pakistan. Pakistan and China are committed to complete the CPEC related project in time. Improvement in power generation and distribution mechanism is imperative to make electricity affordable for poor segments of the country.