Project Management Unit (CPEC-ICDP)
Impact Of Industrial Cooperation Under CPEC
- Industrial Cooperation in the second phase of CPEC would pave way for the transfer of technology and export-led labor-intensive industrialization
- During the first phase, Pakistan witnessed an immense contribution of CPEC to the country’s energy portfolio
- Establishment of special economic zone (SEZs) under CPEC would ensure optimal utilization of Pakistan’s potential in natural resources and improve Sino-Pakistan business linkages
- Development of industrial cluster under CPEC would transform Pakistan’s economy by not only curbing its current account deficit and trade deficit, but also by ensuring a sustainable long-term growth
- SEZs have the potential to take CPEC’s benefits to less developed regions of the country and accelerate socio-economic development