economically
Pakistan

China wants to see Pakistan economically strong country

ISLAMABAD: The Chinese Ambassador to Pakistan Sun Weidong on Thursday said that China wants to see Pakistan as a powerful and economically strong country.

Speaking at a seminar in the federal capital, the Chinese envoy said China is investing heavily in Pakistan’s industrial and other sectors.

He added that China-Pakistan Economic Corridor (CPEC) projects, initiated in 2015, have entered the early harvest stage.

The two countries have decided to give priority to energy projects in a bid to boost the economic development of Pakistan, said the Chinese envoy.

Weidong also said that projects worth over $18 billion, which include 11 energy projects, are currently under construction.

China’s investment of more than $50 billion initiated CPEC projects across the country. The projects aim to improve connectivity between Pakistan and China, starting with the port of Gwadar. Power, infrastructure and other projects are part of CPEC.

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Azhar Hashmi

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