Lahore Chamber of Commerce and Industry urges government to take private sector on board on pace of work on Pakistan-China Economic Corridor

Lahore, March 11, 2015 (PPI-OT): The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to take private sector on board on pace of work on Pak-China Economic Corridor as business community is keen to play its due role for economic uplift of the country.

In a statement issued here Wednesday, LCCI President Senior Vice President Mian Nauman Kabir said that present regime was making right move by strengthening its economic ties with China, time tested and sincere friend of Pakistan.

The LCCI Senior Vice President said that this is one of the most significant agreement signed between Pakistan and China till now, and it will stretch the depth and breadth of their bilateral strategic relations. This project is not a game changer but a fate changer for Pakistan. He said that the project would give a major uplift when control of Gwadar was transferred to China.

He urged the government not to change the route of the economic corridor and complete the project according to the original plan. Mian Nauman Kabir said that this mega project should be completed at any cost as, undoubtedly, it has the potential to turn Pakistan into pivot of regional cooperation.

He said that if Pakistan uses this opportunity wisely, it would enable it to harvest the economic benefits this corridor has to offer, it can considerably strengthen its regional power and esteem and prove a more priceless long-term ally for Beijing. This project would also bring development and prosperity to the people of around ten developing nations.

For more information, contact:
Shahid Khalil
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
11-Shahrah-e-Aiwan-e-Tijarat,
Lahore -54000, Pakistan
Tel: +92-42-111-222-499
Fax: +92-42-6368854