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Gawadar Project is fascinating, says UK HC Philip Barton

byCT Report
14/12/2015
in Business
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LAHORE: Brain drain has reversed in Pakistan that will be proved a game changer for the country, said UK High Commissioner Philip Barton.

The UK’s top official in Pakistan said this after inaugurating The Emporium Mall, the country’s largest shopping mall, in Johar Town, Lahore.

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Philip Barton said that a new Pakistan is emerging due to rapid development projects especially the China-Pakistan Economic Corridor, which would serve as the backbone of Pakistan’s connectivity with the Western as well as Central Asian countries.

He added that Gawadar Project is fascinating and China has started a number of development projects in Pakistan and investors are gaining confidence as the security situation in the country has improved and economic stability is visible. He hoped that these emerging opportunities would turn a new leaf in the economic history of Pakistan.

He reminded the manufacturers to adhere to international conventions on human rights and labour standards for continued access to EU markets under GSP Plus status.

The new 11 storied Emporium Mall is being developed over a land area of over 2 million square feet and is set to open to the public in 2016.

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