Pakistan Looks to Take China-Pakistan Economic Corridor (CPEC) to Next Phase
ISLAMABAD: Pakistan is looking forward to taking the China-Pakistan Economic Corridor (CPEC) into the next phase with greater vigour and hopes to see its fruits benefit not only China and Pakistan, but the whole region, said Minister of Planning, Development and Special Initiatives Ahsan Iqbal.
Overwhelming Accomplishments of CPEC
In an interview with the Global Times after a meeting of the 12th Joint Cooperation Committee (JCC) of the CPEC in Beijing, Iqbal, who has extensive experience and long-standing involvement in the CPEC, said that he was overwhelmed at how much has been accomplished by the CPEC in just 10 years.
A Unique Relationship
The beauty of the CPEC is that it is a project between two countries that enjoy a very unique relationship, Iqbal said.
A Decade of CPEC
This year marks a decade of the CPEC as the landmark project was formalised on July 5, 2013.
Overcoming Challenges and Transforming Pakistan
CPEC has done a great service to Pakistan, helping it overcome the energy crisis, develop modern infrastructure and restore the country’s image as an investment destination, he said, highlighting that prior to the CPEC, the world used to look at Pakistan as a very dangerous country.
Impact on Daily Life
Pakistan would be facing an extreme energy crisis today without the projects launched under the CPEC, Iqbal emphasised.
Everyone in Pakistan has benefited from the great contribution that has been made by the CPEC, he added. If there was a lack of electricity, factories would be closed and workers would be laid off; patients in hospitals and students in educational institutions would also be stranded, he further said.
Empowering Local Communities
He mentioned the Thar region of Pakistan, which was once a backward area, saying that CPEC has transformed the region into a source of energy for the country. Local education, employment, hospitals and schools have also flourished.
The projects also empower local women in the region, Iqbal noted. “You will be amazed to see that local women are driving the heavy trucks, which take coal out of the mines,” he remarked, adding that in total, the CPEC projects have created about 200,000 job opportunities.
Looking Forward to the Next Phase
Iqbal also said that Pakistan now has a lot more vigor to move forward on the CPEC, adding that many projects that were delayed in previous years were completed in the last year.
He said that Pakistan is looking forward to taking the CPEC into the next phase with greater vigour. “I hope that the next phase will bring many dividends for the wider region beyond Pakistan and China. We hope one day the whole of South Asia, Central Asia and the Middle East will benefit from the CPEC,” he added.
Major Upgrades to Main Line 1 Railway
When talking about the mega projects within the second phase of the CPEC, Iqbal expressed his hope to see the start of major upgrades to the Main Line 1 railway between Karachi and Peshawar with China’s help as soon as possible in 2023. Modernisation and upgrades are urgently needed for this aging railway line, especially as it was badly damaged by the floods last year, he added.
Refuting “Debt Trap” Claims
He refuted claims in the Western media that the CPEC has not lived up to expectations and has become a “debt trap,” saying that instead it has “outperformed the expectations. “The propaganda [from the West] that the CPEC is a debt trap is all false. All the negative propaganda against the CPEC has a political element. It has no reality,” he told the Global Times.
Focus on Industrial Cooperation and Business Linkage
Infrastructure was the priority of the first phase of the CPEC, and the second phase will focus on industrial cooperation and business linkage through increasing investment in sectors such as energy, agriculture, information technology and mining, according to Iqbal.
Pakistan is working on nine Special Economic Zones (SEZs) which will provide more opportunities for Chinese investment. Rashakai, one of the nine SEZs, will be inaugurated later this month, and other SEZs are also in advanced stages, he revealed.
Investment in Solar Power
In the energy sector, Pakistan is actively pursuing solar energy and is hoping to invite Chinese companies to set up solar power production plants, the minister noted.
Ensuring Security for Chinese Citizens
Chinese officials are highly concerned about the safety of Chinese citizens in Pakistan and hope that the Pakistani side will continue to take strong security measures.
On security in Pakistan, the minister said that Pakistan is taking extra precautions for the security of Chinese people, and has provided four layers of security dedicated to CPEC projects including deploying a special army force with 10,000 personnel, which has been integrated with police, paramilitary forces and local security.
Protecting the Future of CPEC
As the CPEC is a strategic project with big geopolitical implications, enemies are always looking for opportunities to disrupt it either through terrorist acts or creating miscommunication, the minister emphasised. APP
