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CPEC project to generate 800,000 jobs

byCT Report
04/04/2016
in Business
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ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) project will boost economy and help create near 800,000 new job opportunities in Pakistan.

According to PTV News report, after completion of the project, bilateral trade volume of Pakistan and China will go up by 33 percent. The project will also create vast opportunity for Pakistan of bilateral trade with other regional countries, besides bringing economic stability in the region.

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Apart from motorways, expressways, rail links, provision of basic infrastructure and special industrial parks will be established in all four provinces under CPEC project, the report added. China will make 46 billion dollars investment in these projects. Various power generation projects will also be set up to overcome power shortfall, it said.

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