Balochistan businessmen asked to engage in CPEC to ensure benefits

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China,Pakistan to reap 'early harvest' in economic corridor: Chinese minister

ISLAMABAD, Aug 22 (APP): The businessmen from Balochistan especially Quetta Chamber of Commerce must be engaged in China-Pakistan Economic Corridor (CPEC) Project in order to ensure maximum benefits for people of Balochistan, Secretary Ministry of Industries and Production, Khizar Hayat Gondal said.
While, chairing a recently held high level meeting regarding CPEC, he asked the participants to give their opinion about how Industries can benefit from upcoming CPEC Project and the issues confronting the industry affecting reallocation of Chinese Industry to Pakistan.
The Industrialists were of the view that Pakistan must target Industrialization vis-a-vis trade with China to ensure jobs for the people.
The participants unanimously appreciated efforts of the Secretary, Ministry of Industries and Production, Chief Executive Officer of Engineering Development Board,Tariq Ejaz Chaudhary and other senior officials from Ministry of Industries and Production.
The representatives of Automotive Sector emphasized strict surveillance at important stage to curb smuggling and under invoicing and at the same time they requested for benefits for Tier-I and Tier-II Auto part manufacturers to the projects under CPEC.
Close interaction between Secretary, MoI&P tasked senior officials of his ministry to keep close liaison with both;
Industries and traders in execution of project under CPEC.
He argued various government departments to safeguard national interest through internal reforms.
Training and employment of Pakistani youth also came under discussion during the meeting.
The meeting discussed the promotion of investment in existing as well as new Industrial Parks being envisioned along the trade corridor.
The participants were also asked interact directly with MoI&P
and Engineering Development Board for matters pertaining to
investment and other issues related to CPEC
The meeting was attended by Additional Secretary, Ministry of Commerce, Senior JS, Arif Ibrahim Ministry of Industries and Production, Chief Executive Officer of Engineering Development Board Tariq Ejaz Chaudhary, Senior officials of FPCCI, Chamber of Commerce Karachi, Chamber of Commerce Quetta, industrialists and vehicle manufacturers.