CPEC to generate more than 700,000 new jobs in Pakistan: Analysts

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ISLAMABAD, Jun 17 (APP): President, Pakistan Economy Watch
Dr. Murtaza Mughal has said that CPEC was a fate changer for the
people of Pakistan.
Talking to Radio Pakistan, he said that the investment of
46 bln dollars under CPEC had increased up to 56 bln dollars now. Out
of which, 35bn dollars will be invested on energy projects and
remaining on infrastructure improvement.
He said this would help overcoming energy crisis in the
country.
He mention that CPEC project would generate more than 700,000
new jobs in Pakistan.
The exports of the country would also increase wihch would lead to
prosperity, he added.
Under CPEC, special economic and industrial zones would be
established in provinces and under the control of centre in
Pakistan, he said.
Economic expert Dr. Gulfaraz Ahmed also said that the
government had been focusing on building new energy projects under
CPEC.
He said that the distribution of energy was another
challenging issue for Pakistan. It was required to improve the efficiency,
decrease the losses and modernize the process of distribution of
energy, he added.
He said Asian Development Bank’s loan for this purpose would
be very much useful adding it would improve the country’s distribution system of energy.