Print Print edition: 2017-03-02

APBF condemns conspiracies against CPEC

Published March 2, 2017 Updated March 2, 2017 12:00am

The All Pakistan Business Forum (APBF) has expressed its concerns regarding the conspiracies being observed against the 'China-Pakistan Economic Corridor' (CPEC) - a transnational project, promising an investment of over $50 billion. The recent rise in terror-attacks in Pakistan, may threaten the timely completion of the revolutionary CPEC project, or sabotage infrastructural development and faster economic progress in Pakistan.
The Forum condemned these conspiracies - apparently brewed by countries like India that have economic and political rivalries against Pakistan. These traditional rivals could even be promoting extremism, violence and cross-border terrorism in Pakistan. The APBF President Ibrahim Qureshi said the government authorities and 'law-enforcement agencies' must remain vigilant for protection against the threats that may sabotage the CPEC. This way, maximum advantage of the CPEC can be taken, to revolutionise the trading, transportation and industrial infrastructure. APBF is committed to extend all available resources and capabilities, to engage prolific organisations and entrepreneurs in the region, for creating robust links, new opportunities and mutual benefits for Pakistan and China."
With such huge foreign investment coming into Pakistan country, it is essential to beef-up security for enabling robust growth in trade and commerce. The CPEC will also create fresh opportunities to build new industrial sites in deprived and remote areas, connected to this vast network of roads and railways. It also includes energy-projects worth over US $34 billion, to add abundant power-supply to the national grid and resolve the energy-crisis in Pakistan.-PR