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Country will also learn from China on poverty alleviation, Khan says
ISLAMABAD - The Pakistani government led by Prime Minister Imran Khan has shown its full support and a firm commitment to the China-Pakistan Economic Corridor, or the CPEC, vowing to utilize the project for poverty alleviation and development.
In the victory speech after his Pakistan Tehreek-e-Insaf party won the July 25 general election, Khan described the CPEC as one of the best models to bring people out of poverty and assured the nation that the PTI would take it as an opportunity for development.
"China has given us an opportunity of progress by starting the CPEC, which can raise prospects of investment flows from other countries and investors," said Khan, adding that his government would learn from China on how they pulled more than 700 million people out of poverty.
Local experts said that the CPEC can help the PTI fulfill its manifesto in which the party promised to provide 10 million jobs for youth and marginalized communities in its five-year tenure.
On Saturday, the government said it had posted nine senior officers to the southwest Balochistan province as part of their policy to expedite development projects under the CPEC in the province, the house of the CPEC"s major project of Gwadar port.
In his several public speeches and interviews before the general elections, Khan also vowed to work on the CPEC more vigorously so as to extract the best and maximum benefits for the country.
Khan once told media that the CPEC had injected a new energy into Pakistan"s national economic and social development by bringing many positive aspects, especially by providing some 60,000 direct jobs to Pakistani youth during the past five years.
On Friday, Makhdoom Khusro Bakhtiar, Pakistan"s federal minister for planning, development and reform, said the government is fully committed to the CPEC for the country"s prosperity, poverty alleviation, human resources development, job creation, industrialization and power generation.
Bakhtiar, who is also the minister in charge of the CPEC, held a meeting with Chinese Ambassador to Pakistan, Yao Jing, and said that development of the Special Economic Zones, or SEZs, under the CPEC, is the priority area of the government to achieve high economic growth and to encourage exports.
The Pakistani government has already asked all the officials concerned to speed up the efforts for SEZs where industry, commerce and entrepreneurship will be the main areas of focus, a way to generate employment opportunities for skilled and unskilled labor.
They also discussed various models of possible Chinese investment for the CPEC projects, third party participation and possible cooperation in agriculture and tourism sectors.
Fawad Chaudhry, Pakistan"s information minister, said last week that the CPEC is an expression of Pakistan"s geo-social relationship with China and the government intended to further develop the corridor.
Power projects under the CPEC have brought great practical change in Pakistan"s energy sector by providing 13 to 14 hours a day of load-shedding in 2013 to almost zero in 70 percent in areas of the country. More than 20 energy projects have been planned under the CPEC, which will double the country"s current capacity for electricity production after their completion, according to the planning ministry.
Speedy work is in progress at several road infrastructure projects under the CPEC, which is connecting the country"s north with the south.