‘CPEC to usher era of prosperity, dev’t in region’

From Abid Usman

LAHORE: Chairman Faisalabad Industrial Estate Development and Management Company (FIEDMC) Mian Kashif Ashfaq has said that the CPEC, a mega project, will usher an era of prosperity, progress and development not only in Pakistan but also in the entire region.
Talking to delegation of investors led by Junaid Jabbar Khan which called on him on Thursday, he said CPEC is intended to rapidly upgrade Pakistan’s required infrastructure and strengthen its economy with the construction of modern transportation networks, numerous energy projects and special economic zones. He said it will generate nearly 700000 and add at least 2.5 percent to Pakistan annual growth rate. Mian Kashif Ashfaq said state of the art Allama Iqbal Industrial city, a special economic zone under CPEC project, is being developed on fast track basis at Sahianwala interchange on Faisalabad-Pindi Bhattian motorway which will cater the all needs of investors for setting up their plants well on time.
He said Prime Minister Imran Khan is taking personal interest for timely execution of this project and had already issued express directions to all concerned departments for completion of new 500 kw grid station and laying of sui gas distribution station. The Chairman FIEDMC said CPEC is not a game changer but in fact a fate changer for Pakistan and promised prosperity of three billions people of this region.