Planning Minister terms CPEC essential for economic transformation

Islamabad: In a significant address this evening, Planning Minister Ahsan Iqbal emphasized the importance of the China-Pakistan Economic Corridor (CPEC) for the country’s economic transformation. Speaking at a ceremony, the Minister underscored the need for integrating the transportation system with customs operations to foster national development and expedite economic growth.

According to Ministry of Information and Broadcasting, Ahsan Iqbal detailed the benefits of establishing connectivity corridors in the upcoming years. He noted that these corridors would be crucial in fast-tracking economic progress across the nation. The Minister also expressed concern about the negative impacts of politicization on some long-term projects, which he believes have hindered developmental strides in the past.

Further, he highlighted the transformational impact of CPEC on the economy, describing it as a driver of economic growth and development. The Minister’s speech reiterated the government’s commitment to enhancing infrastructure and streamlining operations to maximize the benefits derived from CPEC.

The ceremony underscored the government’s strategic focus on long-term economic planning and the pivotal role of international collaborations like CPEC in achieving substantial economic milestones.

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