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Pak policymakers recommend better management of CPEC

ANI  |  Islamabad [Pakistan] 

A group of policymakers on Tuesday recommended to establish a specific China-Economic Corridor (CPEC) unit within the framework of (CCI), in order to achieve "transparency and efficiency" in the project.

On the launch of 10th Annual Report titled 'The State of and Analysis', of the opined that the Chinese-funded project had not yet been fully "defined and developed".

"To realise its full potential, the CPEC program must have the support of all the citizens," he said.

The CCI is a constitutional body in Pakistan, which resolves the disputes of power-sharing between the country and its provinces. The body is chaired by the of

According to the report, it stated that proper planning of the four proposed functional zones was essentially imperative for harnessing the comparative and competitive advantage of each zone based on agro and other value chains, The Express Tribune reported.

Burki claimed that the CPEC project was expected to add 2 percent growth to Pakistan's (GDP) and greater integration of the country's backward areas with the developed areas.

Stressing on the benefit of the economic corridor, Burki added, "CPEC will also link Pakistan with the global economic system from which it has remained relatively detached."

Former who also attended the event, touted the CPEC project to help in boosting technology and human development in Pakistan.

The building of the USD 62 billion economic corridor gives access to waterways which is about 40 percent of the world's passes. When built, it will link Gwadar to Xinjiang region in

In response to it, a certain section of people, especially the Baloch people have harboured fears of Pakistan being colonised by the Chinese.

against the CPEC project since it passes through the disputed Pakistan-occupied (PoK) region.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 01:15 IST
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