RAWALPINDI: The government of Pakistan should negotiate with the Chinese government to evolve a policy to have joint ventures between Pakistan and China for long lasting win-win cooperation. “The Labour-intensive industry from China under China Pakistan Economic Corridor (CPEC) shall be relocated in Pakistan to boost the local employment”. Rawalpindi Chamber of Commerce and Industries (RCCI) President Raja Amer Iqbal made these remarks while addressing as guest speaker of a two-day international conference on “China-Pakistan Economic Corridor (CPEC) Corridor of Prosperity Through Education and Business” organised by the Peace and Conflict Study Department at the National University of Modern Languages (NUML).
The RCCI president said, “We recognise CPEC as a game changer and we urge the government to focus on the 4th part of CPEC plan, which is Industrial Zones Development.” He further said that the CPEC is the flagship project of multi-billion dollar One belt one road (OBOR) and the success of this key mega project will bring the economic revolution in the country and the region. However, the agreements must be followed by the land of law and benefit of Pakistani trader, investors, and industrialists must be kept on priority.
The joint ventures between Chinese and Pakistani companies will increase the ownership of the key stakeholders, he added. He demanded that 85% local labour must be used in the CPEC projects and urge government to bring skilled labor as par Chinese. The more we have local ownership in the projects the more it will be successful, he added.
