CPEC’s Phase 2 to boost economic growth, create jobs

ISLAMABAD: Representatives from Board of Investment (BOI), on Tuesday, stated that the second phase of China Pakistan Economic Corridor (CPEC) indicates a positive impact on economic growth and creation of job opportunities. 

As per the official, the Chinese investment in several sectors have reaped positive benefits in terms of enhancing the capacity building of citizens, facilitating employment and transferring authentic information. 

The official further stated that in the coming phases, the focus will be on development of Gwadar Port, agriculture, technology, science and industrial parks. 

According to sources, the Chinese investors were particularly showing interest in cement, textile, steel and auto sectors. 

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