国际英语资讯:Pakistani PM inaugurates special economic zone under CPEC_时事

国际英语资讯:Pakistani PM inaugurates special economic zone under CPEC

"Pakistan needs to have intensive industrialization to increase its exports for wealth creation. The unemployment problem cannot be solved only by the country's agro-based economy. We need industries to shoulder this responsibility."

Citing China's example to bring out a large number of people from poverty through wealth creation, Khan said his country also wants to follow the same model, and Pakistani officials had several briefings by Chinese on poverty alleviation, during their visit to China.

"We want to do exactly what China did. We want to create wealth by increasing our exports and spending the generated revenues on the poor strata of the society."

According to the ruling party Pakistan Tehreek-e-Insaf's official Twitter account, the Allama Iqbal Industrial City is likely to have investment of 400 billion Pakistani rupees (about 2.58 bln U.S. dollars), and create 300,000 direct and 1 million indirect employments.

The SEZ is likely to have more than 557 industries in various sectors including integrated textile, food processing, construction material, pharmaceutical, automobiles, and steel. So far committed investment in the SEZ amounts to more than 1 billion U.S. dollars including 204 million U.S. dollars local investment, the ruling party stated.

The SEZ is one of the nine SEZs planned to be built under CPEC across Pakistan. The SEZs are quoted as lifelines of Pakistan's industrial development by Pakistani officials as they are likely to create over 2 million employments across the country, besides enhancing exports and uplifting several potential sectors of the country.