ISLAMABAD, July 24 (TNS): The Islamabad Chamber of Small Traders (ICST) has emphasized the need for building consensus among stakeholders to ensure timely completion of the China-Pakistan Economic Corridor (CPEC) and to foil conspiracies against the gigantic project.
“The project will not only change the economic landscape of the country, but will also multiply our national GDP,” Chamber Patron Shahid Rasheed Butt said in a statement.
He said conspirators were not only hurting CPEC, but were also trying to keep local and foreign investors away from the project, which was termed a game changer.
He also stressed the need for ensuring transparency in planning and running the project in order to lure investors.
“Pakistan’s capital investment-to-GDP ratio of 15% is lower than India’s 30% and Bangladesh’s 28%, which hampers industrialization and growth,” he said, adding the situation would improve once project was completed.