Washington (Agencies): Interior Minister Ahsan Iqbal has said that China-Pakistan Economic Corridor (CPEC) will usher in new era of development, not in Pakistan but in the entire region.
The minister expressed his remarks while speaking at an event regarding the significance of the CPEC at the Embassy of Pakistan in Washington D.C on Thursday. The event was widely attended by foreign policy experts as well as Pakistani American community members.
He highlighted that major infrastructure projects related to CPEC were nearing completion within the timelines.
Iqbal said that both China and Pakistan sought CPEC’s operationalisation at the earliest so that it can stimulate the economy and bring about a meaningful change in the lives of the people. Hinting at extending the project to other countries, he said there was great scope for the extension of CPEC projects.
He also said that Pakistan’s economy has registered an impressive growth rate of 5.3 percent last year and was projected to rise to 6% in the current fiscal year. This would be further increased as the economic dividends of CPEC are realized.