CPEC brings $13 billion investment, $12 billion in pipeline, said Bajwa

by index360

Lahore: Chairman China Pakistan Economic Corridor (CPEC) Authority Asim Saleem Bajwa has said that $13 billion have already been invested in Pakistan under CPEC, while another $12 billion investments are in the pipeline.

He was talking to media on a visit to Challenge Textile Factory, materialized with $150 million Chinese investment.

Bajwa said that more economic zones are being created under CPEC which will bring more Chinese investment in Pakistan and will also provide all possible facilities to foreign investors.

He said that Chinese group has set up a factory of international standards and is also setting up a Fashion Export Park in Pakistan in future which will provide employment opportunities to thousands of people in Pakistan.

“My purpose of coming here was just to provide all the infrastructure for Chinese investment and to address the lack of facilities,” he said.

He said that China is not only a neighbor of Pakistan but also a longtime friend and always played the role of big brother.

He said that the visa period of Chinese investors is being extended. The visa period of Chinese investors will be extended from 3 months to two years which will be announced soon by Prime Minister Imran Khan, Bajwa further said.

He said that economic revolution is coming in Pakistan under, go to Gwadar and you will see the fruits of CPEC. All the infrastructure has been set up so that there are no difficulties in delivery of goods.

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