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CPEC offers new development model to global community: Pakistani expert

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STORY: CPEC offers new development model to global community: Pakistani expert
DATELINE: Oct. 5, 2023
LENGTH: 00:01:59
LOCATION: Islamabad
CATEGORY: POLITICS

SHOTLIST:
1. various of Gwadar port
2. SOUNDBITE (English): VAQAR AHMED, Joint executive director at the Sustainable Development Policy Institute, Pakistan

STORYLINE:

The China-Pakistan Economic Corridor (CPEC) has fostered a new development model to the international community, said a Pakistani expert. 

The CPEC, launched in 2013, is a flagship project of the China-proposed Belt and Road Initiative.

It's a corridor linking the Gwadar port in southwestern Pakistan with Kashgar in northwest China, which highlights energy, transport and industrial cooperation. 
SOUNDBITE (English): VAQAR AHMED, Joint executive director at the Sustainable Development Policy Institute, Pakistan
"I think first and foremost, what we need to see is that CPEC has given a new development model to the global community basically.
The Chinese government comes in, not just with their technical expertise, with their financial model, but also with human expertise, which works with local human resources in developing countries, gives them the right kind of capacity until the time the projects are installed, and then, of course, moves out so that the locals can continue and operate those projects. 
Now what is happening over here is that what CPEC has also demonstrated is the direct employment which these projects have created, which create employment several times over. 
So whenever people come up to me and try to put a number to the employment figure which CPEC projects have actually created, I would actually argue otherwise that it is hard to calculate a number at one point in time, because a power sector project would have far-reaching impacts than just a direct number of jobs it has created, because power sector has rendered a service to textile, to automobile, to cement, to construction, and therein created further rounds of jobs. So that's one part of the benefit, which we are seeing in the case of CPEC."

Xinhua News Agency correspondents reporting from Islamabad.
(XHTV)

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