The need of the hour is that governments and investors on either side begin to realize the enormous potential of Pakistan’s textile industry and initiate collaborations in the sector that are mutually beneficial to both the countries.
Since its inauguration, it has already secured investment commitments of US $1.03 billion against industrial projects that will be spread over 583 acres.
Annual product sales are expected to around $1.2 billion with a cumulated effect of almost $29 billion over 25 years.
SEZ is expected to draw investments around US $ 5 billion and will be a major contributor to Sindh’s socio-economic development.
The estates like Sundar Industrial Estate, Multan Industrial Estate & QIE serve as successful and completed projects
Azad Jammu and Kashmir (AJK), along with Gilgit Baltistan, are an intrinsic part of CPEC. The central artery of the corridor enters and passes through G-B. Under the umbrella of CPEC, we shall also invest in the promotion of tourism, agriculture, technical education and optical fiber linkage.
AJK Government's vision is to venture in new economic potential like improved road infrastructure, harness maximum hydropower, avail all opportunities of the tourism sector and make AJK digitally vibrant and innovative. I have a strong conviction that AJK will emerge as an economic power in the region in the coming years.
AJK's Secretary Tourism Ms. Midhat Shahzad argues that while Azad Kashmir's strategic location and water resources are crucial to the success of CPEC, AJK waits for fuller integration into CPEC with the development of Mirpur, SEZ, and Tetra M Road network.
The author, an adjunct professor in the global digital economy, argues that the Digital Silk Road (DSR) is the Chinese BRI in cyberspace. It will provide essential connectivity that will transform lives, especially for those living in emerging markets or the rural poor.
In light of China National Day celebrations, GVS is looking at Pak-China relations. Here, a former Australian prime minister weighs in on the emergence of China as an economic and political power on the global stage.
The author, a former diplomat, gives a broad overview of the origins of the BRI and the six corridors that come under it and argues that it's an inclusive, mutually beneficial model of cooperation in the fields of socio-economic, political, and culture between countries.