LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Sheikh Muhammad Arshad said here Saturday that China Pakistan Economic Corridor (CPEC) was a ray of hope and all conspiracies against this mega project should be tackled with iron hands.
The LCCI President urged the government to ensure timely completion of the Corridor as it was bound to turn Pakistan into a great investment destination.
He said that CPEC would start a new era of progress and prosperity in the country; therefore it should be handled with extra care.
He said that it would not be wrong to say that the economic benefits of this project were hard to estimate. China had already promised to invest more than 46 billion dollars in this connection and this project had the potential to work as a big push theory of economics.
Sheikh Arshad said that CPEC was an overall cooperation platform with a focus on long-term development of bilateral cooperation in various fields. This mega project should be completed at any cost, as it had the undoubted potential to turn Pakistan into a pivot of regional cooperation, he observed.
He viewed that if Pakistan used this opportunity wisely, the CPEC would enable it to harvest the economic benefits, which could considerably strengthen its regional power and esteem and prove the country as the priceless long-term ally for Beijing.
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