|29th IBIMA Conference
3 - 4 May 2017
CPEC: An Opportunity to Attract Local Investment
Nimra Sharif and Syed Irfan Hyder,
China and Pakistan have consented to come up with “One Belt One Road” initiative. China-Pakistan Economic Corridor is relied upon to realize both peace and thriving in South Asia. This passage will consolidate 2,000 kilometer transport interface between Kashgar in northwestern China to Pakistan's Gwadar port on the Arabian Sea close to the fringe with Iran by means of streets, railroads and pipelines. It will enhance the economy and exchange, upgrade territorial network, defeat vitality emergencies, create framework and set up individuals to individual’s contacts not only between different nations but different regions and provinces with in Pakistan. Not only this but it is expected to boost up and flourish all local industries of Pakistan by attracting not only foreign investors but local investment opportunities as well.