FAISALABAD. In new emerging economic scenario “One Belt-One Road” is a gigantic infrastructure of China to link up Asia with Europe and Africa and this project has already been successfully initiated from Pakistan, said Wang Zihai President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) Lahore.
He was addressing a meeting in Faisalabad Chamber of Commerce and Industry (FCCI) which was also attended by the business community as well as the students of Chinese language course. He said that in first phase of CPEC (China Pakistan Economic Corridor) a comprehensive road network has been laid form Khanjrab to Gwadar. In its second phase work was in progress for the erection of power plants throughout Pakistan, he added. He particularly mentioned 1320 MW coal power plant and said that with its completion the menace of load shedding will be eliminated once for all in 2018.
He said that Pakistan and China have inked 46 MOU’s in different segments of economy while during fourth phase of this project, industrial cooperation will be enhanced. He termed it as one of the most important segment of the CPEC project as governments as well as the private sectors of the two countries have to play their role for its successful execution.
Responding to a question, Salah ud Din General Secretary PCJCCI told that only upper and upper middle class management from China will come to Pakistan for the execution of different projects in Pakistan. “All the rest of the workers will be recruited from Pakistan”, he told and also gave a brief resume of the PCJCCI. He said that it has 250 members while its fold while its membership was open to all businessmen working or intending to work with the Chinese investors.
