CPEC Group Created in the UK Parliament – Research Snipers

CPEC Group Created in the UK Parliament

CPEC routes

United Kingdom House of Commons member Faisal Rasheed revealed that Pakistan government is trying to attract more foreign direct investment in Pakistan despite the internal issues.

Faisal Rasheed disclosed that he has created a China Pakistan Economic Corridor (CPEC) group in the UK parliament. He revealed this while addressing a meeting at the Faisalabad Chamber of Commerce and Industry (FCCI).

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He said, “The purpose of this forum is to raise awareness of the opportunities to be created following the completion of this mega infrastructure project, which is part of the Belt and Road Initiative (BRI). I had a meeting with the Chinese ambassador in order to formally launch this group in September 2019.”

He said that the business environment in the country has improved with time. British investors are now interested to invest in different projects including energy and logistics related plans.

He said that the investment in Pakistan will not just boost the economy but also create job opportunities in the region.

While addressing the Afghan War and 9/11 incident he said, “As a result, several foreign banks and institutions shut their businesses over security concerns,. A few foreign airlines also diverted flights after the issuance of travel advisories.”

He said that now after the government has changed the situation has improved drastically. He said he had two meetings with the PM Imran Khan who is also interested to attract FDI.