LAHORE: The China-Pakistan Economic Corridor (CPEC) started changing the destiny of Pakistan.
This was said by Adviser to Chief Minister Muhammad Arshad in a statement on Sunday. He said that the world had acknowledged the importance of CPEC and every country wanted to join this project. “Even the enemies of Pakistan have acknowledged the importance of this mega project but they do not want to see the completion of this project,” he said.
The adviser said Pakistan had become a fast developing country in recent years and it would become one of the strong economies of the world in the next few years. He said the elected representatives, including the local bodies, were providing best services to the masses.
Moreover, infrastructure investments for the China-Pakistan Economic Corridor (CPEC) have given a helping hand to Pakistan’s hospitality industry as new hotels and guest houses are emerging in different parts of the country, said Jovago Asia Chief Executive Officer Nadine Malik.
“Pakistan’s middle class is growing and with higher disposable incomes, people are shelling out more money for leisure activities,” she said in an interview with The Express Tribune. “This is expected to further grow in coming months.”
Pakistan has achieved 5.3% gross domestic product (GDP) growth – the highest in a decade – in the outgoing fiscal year 2016-17. Gradual improvement in macroeconomic indicators and security situation since 2013 has helped all important sectors in the country.
Published in The Express Tribune, August 21st, 2017.