CPEC Phase 2
It’s defined
that CPEC will be completed in three phases. In CPEC phase 1 the main focus is on
the energy and infrastructure. Till the end of 2019, 80% of projects were
successfully completed. These projects coasted almost up to 20 billion rupees.
CPEC is the golden platform for Pakistan to establish its economy and to get rid out of
economic crises. The current government of Pakistan has been started Second The phase of CPEC. And recently the second phase pf CEPC was started.
According to China
Pakistan Economic Corridor, throughout the Pakistan different economic zone
will be established. In phase 2 of CPEC, it is decided to increase import and will
take different steps to get abroad investment in the fields of textile, iron,
steel, petrochemical, etc.
Because of China
Pakistan Economic Corridor especially its second phase, in future, there
will be the economic revolution in Pakistan with the co-operation of the
countries: China, Saudi Arabia, Kuwait,
Qatar, Malaysia, and others.
In CPEC Phase
2, there is an agreement of establishing of 9 different economic zones
throughout Pakistan’s different provinces; Punjab, KPK, Sindh, Baluchistan,
FATA, and Gilgit Baltistan. The details of these nine different economic zone
are given below;
Rashaka special economic zone- M1 Nowshera, KPK
Fruits
Foods
Packaging
Textile
Tayloring
Manufacturing industry.
China special zone
Bostan economic zone, Baluchistan
Fruits Processing
Fertilizer Machin.
Pharmacy,
Motor Bike Assembling,
Cooking Oil,
Ceramic Industry,
Cold Store.
Electrical Instruments.
Halal Foods Industry
Allama Iqbal economic city, Faisalabad, Punjab
Textile,
Steel,
Medicine Industry
Engineering Economic Zone
Chemical Economic Zone
Food Processing
Plastic Economic Zone
Agriculture Economic Zone
ICT model economic zone Islamabad.
Steel
Foods Processing
Chemical
Printing
Packaging
Small Engine Manufacturing Industry
Karachi- will establish the economic park in the steel mill land
Port qasim-
Steel Industry
Auto Industry
Pharma Industry
Chemical Industry
Printing Industry
Packaging Industry
Garments Industry.
In the project of Meer Pur Azad Kashmir economic zone, it is planned to establish a different manufacturing industry.
In Mehmed marble city, KPK FATA, marble industry will be establish.
In Gilgit Baltistan, different industry zone will establish for;
Marble
Iron Processing
Fruit
Steel Industry
Material
Lather Industry
In the years 2019-2020 Pakistan has to start different
projects to provide employment opportunities for youth. In spite of this, other
projects are also planned for education, health, agriculture, poverty, water supply,
technical education. Pakistan will get 1 billion dollars for these projects.
0 Comments