Total investment under CPEC rises to $60b: deputy chairman planning commission
- By Web Desk -
- Nov 28, 2017
ISLAMABAD: Deputy Chairman Planning Commission Sartaj Aziz on Tuesday said total investment under China-Pakistan Economic Corridor (CPEC) had risen to 60 billion dollars.
“Pakistan has evolved a liberal investment policy to attract foreign investment in the country. CPEC has become a regional project, which is offering immense investment opportunities,” he said while talking to a delegation of Chinese journalists in Islamabad.
Read More: CPEC, macroeconomic stability to increase investment in Pakistan: World Bank
The deputy chairman planning commission said China and other countries could invest in the industrial zones to be established in Pakistan.
Sartaj Aziz said CPEC was also enabling shifting of Chinese industries to Pakistan. He said Pakistan will be able to export a number of goods to China under the growing cooperation in the agriculture sector.
He said less developed areas of Pakistan would enter a new era of development due to the CPEC routes. He said that the corridor was giving impetus to the development of infrastructure in Pakistan, construction and development of Gwadar Port, and indistrual cooperation between Pakistan and China.