Gwadar (Web Desk): Prime Minister Shahid Khaqan said on Monday that China Pakistan Economic Corridor (CPEC) will prove to be a game changer not only for Pakistan but the whole region that will bring prosperity in the lives of the peoples.
PM Abbasi attended the inauguration ceremony of the first-ever Gwadar Expo today (Monday) and said that CPEC is the “most visible” part of the Belt and Road Initiative.
“This is perhaps the most important initiative of our generation,” PM Abbasi added.
Highlighting the projects being executed under the CPEC, Shahid Khaqan Abbasi said these included road infrastructure and development of Gwadar port which will connect the port with Khunjerab but also other countries including Central Asian States.
He said the project also envisages modernization of Pakistan Railways and the establishment of power plants.
As per details, the event will be attended by foreign dignitaries, ambassadors and people from business community from different countries including Iran, Saudi Arabia and United Arab Emirates.
The expo will also provide a platform for interaction between local and foreign business entrepreneurs, financiers, investors and government officials to utilise the benefits of this mega project for enhanced investment, business and employment opportunities.
The expo is being jointly organised by Gwadar Development Authority and China Overseas Ports Holding Company (COPHC).
A business centre has also been set up by the China Overseas Ports Holding Company, which will provide a one-window operation for matters including immigration, customs, visa operations and port clearance facilities.