Prime Minister Shehbaz Sharif's proposal for India to benefit from CPEC, Pakistan and China have drafted a mechanism for third party participation in CPEC projects.
Islamabad (Urdu Point, Latest Newspaper. 07 July 2023) After the interest of the Gulf and Central Asian countries in CPEC, there is a possibility of investing billions of dollars. Prime Minister Shehbaz Sharif proposed India to benefit from CPEC. Regarding the same offer, Pakistan and China have drafted the procedure for third party participation in CPEC projects.
Billions of dollars are also expected to be invested in the projects under the CPEC projects by the Gulf countries. Special zones are prominently included in them. Only 35 percent of the work on the Rasaai Special Economic Zone has been completed so far. All the rest of the special Economic zones are going through the stages of completion. According to the report, Gulf and Central Asian countries are showing interest in CPEC projects, this is likely to attract huge investment in the country.
Pakistan and China are working on a broader framework to gain international cooperation after the concerns of the US and its Western allies are resolved. Answered questions about the 10th anniversary of the launch. The spokesman said on Thursday that this year marks the 10th anniversary of the launch of the CPEC and after 10 years of construction under the "4+1" cooperation framework, the construction of the corridor is at the center of the port transport infrastructure. Construction and energy industries have been developed.
Today CPEC projects are flourishing all over Pakistan. A total of US$ 25.4 billion has been invested in direct investment, contributing significantly to Pakistan's national development and regional connectivity.
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