CPEC has lead to major economic changes in Pakistan and givien way to a number of new projects and investments from almost all parts of the world.
With the collaboration of potential economic powers of the world, the infrastructure projects in Pakistan are aiming to build a pro-business environment.
The statement was given by the Finance Minister of Pakistan, Senator Muhammad Ishaq Dar in a meeting with an official delegation from Bank of China (BoC) that was headed by Chairman of the bank, Tian Guoli. Attending the delegation in Islamabad, Ishaq Dar expressed that the Government of Pakistan is laying strong foundations for a successful pro-business environment by building national infrastructure projects. He added that such foundations have a significant impact on the overall economic stability of Pakistan.
Joining hands with such organizations and providing opportiunity to work in Pakistan is a substantial effort of the Government of Pakistan that is bound to improve the economy of Pakistan and result in consistent long-term economic growth in different sectors of Pakistan. The delegation visit from BoC has ensued collaboration in commerce and banking industry as well.
During the event, Ishaq Dar spoke about Pak-China relationship that has worked specifically on the economic dimensions of their friendship.
He added that “being one of world’s five largest banks, the Bank of China is well positioned to bring investment to Pakistan” and appreciated the bank’s interest in bringing business opportunities to Pakistan.
Dar expressed his hoped for such initiatives to play a major role in motivating other companies to invest in Pakistan and consequent creation of high quality jobs. This increase in quality jobs will provide better opportunities to the individuals as well as corporate groups. Helping to enhance the economic conditions, these initiatives will also lead to a better future in Pakistan.
Mr. Ishaq Dar also mentioned that the BoC will be served with the complete support of the Government of Pakistan with regards to investment in Pakistan.
On the other hand, while addressing an event, the chairperson of BoC praised the Finance Minister by attributing the growth in the economy of Pakistan to efforts made by him. Tian Guoli spoke of his positive experiences during the three day visit in Pakistan and praised the government for intricate steps taken for improvement in the overall economic infrastructure.
Chairman BoC added that the reforms taken by the Government are deep-rooted and are highly beneficial for the BoC in terms of this joint venture. He felt the project will induce further success and will work as a milestone in the economic reforms and agenda of both countries. “Various Chinese companies were exploring opportunities to move their manufacturing to Pakistan,” he added.
Revisiting the recent efforts made by the government of Pakistan in different market sectors, we can conclude that the coming year will bring a potential burst in quality jobs in Pakistan. From engineering to commerce sectors, there should be a number of well-paid opportunities for experienced as well as the fresh graduates.For the young generation of Pakistan, these steps are highly provoking, giving a rise to their motivation of getting better education.
About the Contributor:
Nauman sohail is a writer, entrepreneur and seasoned technology consultant. He has served in international firms including IBM and Etisalat and has dealt with various business verticals. He loves to read, swim and travel.