The second phase of the China-Pakistan Economic Corridor (CPEC) is poised to drive transformative growth for Pakistan’s economy while fostering deeper regional integration, according to an analysis by Pakistani media. In an interview with CGTN, Tahir Farooq, editor-in-chief of the Daily Ittehad Media Group, emphasized the project’s direct benefits to local communities through job creation, infrastructure development, and improved access to essential services.
Farooq highlighted CPEC’s role in enhancing regional connectivity, particularly through upgraded transport networks and energy projects. These developments are expected to bolster trade routes linking South Asia with Central Asia and the Middle East, offering new opportunities for businesses and investors. "CPEC is not just a partnership between two nations—it’s a blueprint for sustainable development that prioritizes people’s welfare," he stated.
Business professionals eyeing Pakistan’s market are watching CPEC’s progress closely, as Phase II expands into technology, agriculture, and green energy. Analysts note that these sectors align with global economic trends, positioning Pakistan as a potential hub for innovation. For the Asian diaspora, CPEC represents a tangible link to socio-economic advancements in the region, while academics cite its potential to reshape geopolitical dynamics.
With over 70,000 jobs already created in Phase I and $25 billion invested in energy infrastructure, CPEC continues to be a cornerstone of Pakistan’s economic strategy. As Phase II unfolds, stakeholders anticipate strengthened cross-border collaboration and inclusive growth.
Reference(s):
cgtn.com