CPEC Quarterly Magazine and Website Launched

CPEC Quarterly Magazine and website has been launched by CPEC Centre of Excellence.

The website and the magazine inauguration was done by Ahsan Iqbal, Minister for Planning and Development. The magazine will give detailed reviews of the CPEC projects and inform people about recent updates and news events going on related to CPEC.

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At the occasion, Ahsan Iqbal spoke and said that real aim and goal of China-Pakistan Economic Corridor (CPEC) is to change the South Asian and Central Asian regions and bring peace, harmony, stability, and prosperity in the area.

He further invited all groups and countries to join CPEC and not consider it any security project. He said that everyone can work together, join hands, and bring prosperity and stability to the area by becoming a part of CPEC. The mega project is a game-changer, it will change the lives of people especially in areas with extreme poverty.

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Ahsan Iqbal said that CPEC Centre of Excellence has its focus on development in urban areas, trade, local & regional connectivity, creating jobs and human resource growth. He said opportunities are available but they need to be explored via cooperative research. He suggested that the Pakistani and Chinese academics should join hands and cooperate for studies on various CPEC aspects.

CPEC has created jobs for many Pakistanis and Chinese. Just in the National Highways and Motorway Police (NH&MP) 10,000 individuals will be hired. If this mega project can minimize unemployment in Pakistan, it will be a great achievement. More than that CPEC also lifted Pakistan’s ranking in the world. World Economic Forum Report placed Pakistan at the 115th position for 2017 from the 122nd position in 2016. In comparison to neighboring countries, Pakistan ranking is still low, despite that Pakistan ranking is much better for the year 2017.

Read more: CPEC lifts Pakistan’s ranking in the world

Despite this, the debt issue, the number of loans taken for this project cannot be ignored. The short-term effects of CPEC might seem fruitful but the long-term expected effects are troubling.

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