LAHORE, Oct 31 (APP): The Pakistan Economy Watch (PEW) on Tuesday said the Economic Corridor and the LNG project are great achievements of the government which will transform the economy.
The LNG project has reduced the energy scarcity while the
CPEC will help Pakistan increase its income and influence to
reduce poverty, said Dr Murtaza Mughal, President PEW.
He said that China should motivate its private sector to
invest in industrial projects across Pakistan particularly in
the underdeveloped areas.
Both the projects will have a direct impact on the lives
of the general public and national economy, he said, adding
that Pakistan has become the centre of attraction for
international investors because of the CPEC.
Dr Murtaza Mughal said that the 65 countries that had
so far joined CPEC were contributing over 40 per cent to the
global GDP which will have a positive impact on Pakistan too.
Many Chinese companies have partnered with the government
to develop energy infrastructure and rail-based mass transit,
special economic zones, infrastructure development and Gwadar-
related projects,he added.