Tajira: China-Pakistan Economic Corridor (CPEC) Chairman Lieutenant General (retired) Asim Saleem Bajwa said on Thursday that CPEC will open a new era of Pakistan’s economic development.
Asim Saleem Bajwa addressed the ceremony of signing contracts with six Chinese companies and stated that he is making new investments in the HMC, which will promote industrial development These projects will provide Pakistanis with opportunities for improvement.
“New railway tracks will be built under CPEC-II and a Dry Port will be constructed in Havelian. All railway tacks will be replaced and the steps will make the Pakistan Railways a profitable organization.
“China is interested to invest in Pakistan and both countries will get benefit through it. CPEC reflects fraternal relationship between Pakistan and China.
“Special economic zones (SEZs) will be formed in provinces under the CPEC projects to provide growth to economy and create employments. Agricultural machinery, which Pakistan imports, will be made in the country.
“CPEC is turning into a reality. Eight energy projects are completed and Pakistan will depend less on loans after these measures. Railway infrastructure will be developed in second phase of CPEC.”