China-Pakistan Economic Corridor to bring benefits to investors: minister

Updated 2018-01-05 11:31:06 Xinhua

Pakistani Federal Minister for Planning, Development and Reform Ahsan Iqbal on Thursday said that the China-Pakistan Economic Corridor (CPEC) will bring enormous benefits to investors, inviting other countries to join the multi-million-U.S. dollar project.

Addressing a ceremony to launch a website of the Center of Excellence CPEC, a first-ever think tank backed by the Pakistani government focusing on CPEC- related research, Iqbal said CPEC is a set of colossal development projects in the global, regional, domestic and, bilateral context.

"CPEC is a comprehensive package of cooperative initiatives and projects encompassing regional connectivity, information network infrastructure, energy cooperation, industries, agricultural development, poverty alleviation, tourism and financial cooperation," said the minister.

He also guaranteed that CPEC will bring enormous benefits to investors and partners as well as to the common people by creating thousands of new ventures and millions of jobs.

CPEC is a long-term and systematic project to promote economic cooperation between the two nations in sectors of energy, transportation, infrastructure and industry.

In his address on the occasion, Chinese ambassador to Pakistan Yao Jing said that a lot of achievements have been made since the launch of CPEC, which expressed the strength of the new model of cooperation between China and Pakistan.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58January 23 2019 12:48:30

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16January 23 2019 12:48:30

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18January 23 2019 12:48:30

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords