ISLAMABAD, May 26 (APP): The Project Director CPEC, Major General ® Zahir Shah has said that China Pakistan Economic Corridor (CPEC) to provide Seven hundred thousands job opportunities in various sectors.
Talking to Radio Pakistan, he said that to secure the CPEC nine thousand army troops along with six thousand personnel of civil armed forces are working in special security
He said that after completion, CPEC project will open a new era of development for the country.
He further said that tourism will get boost besides, owing to CPEC entire country’s infrastructure will be revived.
He observed that Optic Fiber link will be completed in two years and will provide modern communication facilities to China and Pakistan.
He informed that Pakistan Economic Corridor (CPEC) is a US$ 46b mega project of construction of roads, railways, oil and gas pipelines and fibre optical cable network which will be completed in next 15 years.
He added thatit will connect Kashghar city of Xinjiang province of China with Gwadar port of Pakistan.
He said that the project consists of three routes which pass through all the provinces of Pakistan that also includes construction of industrial zones along the CPEC.
“As part of the project, the capacity of Gwadar port will also be expanded from existing four berths to 13 berths, including the construction of a new international airport, oil and gas terminals and storage facilities”, he informed.
He emphasized after its completion, the CPEC would be of immense strategic and economic significance to China, Pakistan and other regional countries.
“For China the CPEC would reduce the travelling distance, for its huge volumes of trade with the Gulf countries, from existing 13000 kilometres to mere 2500 kilometres”, he added.
He said that while it will cut down the travelling time from the
existing 45 days to only 10 days, it will also reduce the cost of freight by one third.
“Through CPEC China will be able to trade with South Asia, West Asia, the Middle East and North Africa through a much shorter route”, he concluded.