Lahore: Ambassador of China to Pakistan Yao Jing has revealed that the special economic zones (SEZs) in Pakistan are scheduled for development in the next phase of the China-Pakistan Economic Corridor (CPEC) project – a news source reported.
The ambassador was speaking at a seminar on regional dialogue on ‘Role of Parliaments in Cementing Regional Integration.’ He stated that China would now invest in building vocational and training centres in Pakistan, along with conducting research in the agricultural and livestock sectors. He added that the majority of CPEC projects were investments by Chinese companies and not loans to the Pakistan government. He also noted that there are 11 Chinese companies involved in Gwadar and others areas of Pakistan for development.
Later, responding to questions by the other attendees of the seminar, Ambassador Jing said that China wanted prosperity in Pakistan through CPEC, which was a joint venture between the two nations. He added that CPEC could not be judged at this stage, as it was a long-term, mega project.
