National News

MULTAN, (APP): The All Pakistan Oil Mills
Association (APOMA) have termed the China Pakistan Economic
Corridor as a game-changer project, saying that it would not
only benefit Pakistan but the also bring about economic
prosperity in the region. Talking to APP, President APOMA, Khawaja Muhammad Fazil said that China-Pak Economic Corridor (CPEC) project
completion would not only bring prosperity in the country but
also usher in a new era of progress in the South Asian region.
Khawaja Fazil maintained that it was one of the biggest
projects in the country’s history, focusing on public welfare
and prosperity of the country. However, he was concerned that anti-state elements were
hatching conspiracies against the project and there was need
to foil these nefarious designs to materialize the project
well in time.
In this regard, masses, army and politicians will have
to play their effective role for timely completion of CPEC,
Fazil added.
The president APOMA further observed that CPEC was not
only project of roads but it would also help improve energy
infrastructure.
The project, he said would create nearly 0.8 million job
opportunities for unemployed persons and it would also benefit
its allied sectors all across the country.
Meanwhile, Chairman All Pakistan Anjuman-e-Tajran (South
Punjab) Khawaja Suleman Siddique said that the mega project
would add nearly 10,000 Megawatt electricity into national
grid by 2019, which would end energy crisis besides boosting
industrial activities in the country.
Traders would find new trade routes and easy access to
world markets.
Similarly, Central President All Pakistan Powerlooms
Association Khalique Qandeel while lauding CPEC observed that
the business has suffered huge losses due to energy shortage.
However, he expressed the hope that the completion of
CPEC would surely help ending electricity crisis and would
also benefit them.
The US$46 billion CPEC project would bring positive
change in the whole region by putting it on way leading to
rapid progress and prosperity.
It is pertinent to mention here that CPEC is a long term
broad framework with multiple sectoral projects, which will be
completed in different phases through bilateral agreements
agreed upon by both sides as a win win equation.
Pakistan and China had signed an agreement last year to
commence work on CPEC development projects worth over $46
billion.
The corridor aims to connect Gwadar port in Balochistan
to China’s Xinjiang region via a network of highways, railways
and pipelines spread over 3,000 km. Work on several sections
is in progress.