CPEC to bring increasing economic integration among regional economies- Chinese investment in various fields, including energy, infrastructure, Gwadar Port, and special economic zone to lay the foundation of development in Pakistan- Army Chief
CPEC is truly a harbinger of economic development, peace, and prosperity in the region. CPEC is affirmation of Pakistan's efforts for a peaceful and prosperous region. CPEC will bring increasing economic integration among regional economies and reduce the development gap within various regions of Pakistan. Normalcy is returning to Pakistan's economic hub of Karachi. Similarly, the law and order situation has improved significantly in Balochistan and there is great focus on socio-economic development in the province.
Pakistan's medium-term growth outlook is strong, supported by CPEC project- Moody's investors service affirms Pakistan’s b3 ratings, maintained stable outlook
Outlook for growth has strengthened as a result of increased macro-economic stability due to reforms and following the launch of the CPEC project in 2015. In the fiscal year ended June 2016, real GDP growth reached 4.5 per cent, up from 4.1 per cent in both fiscal year 2015 and fiscal year 2014.
Govt is fully committed towards development of railways which will give impetus to regional trade- Pakistan arranges finances of eight billion dollars for up gradation of railway line from Karachi to Peshawar
The development of Railways will help exploit the full potential of Gwadar port and transportation of goods to land locked Afghanistan and Central Asian states.
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