The investment dynamics and resulting benefits that are encompassed in the China-Pakistan Economic Corridor project can be termed as nothing short of economic revolution for the entire region. In that context, the CPEC Think and Grow Summit was held at Pakistan Industrial Technical Assistance Centre (PITAC), Lahore on 31st March 2018. The conference featured dignitaries from People’s Republic of China, who partook under the spirit of promoting the ideals of mutual cooperation between Pakistan and China through identifying the opportunities for future.
CPEC was coined as the economic game changer for Pakistan both by the government officials present at the event as well as the honorable speakers from both countries that highlighted the benefits and areas of cooperation in comprehensive detail at the technical session. High profile dignitaries from both countries were present to grace the event in order to understand the far-reaching impact with development of CPEC related projects in the future.
The guests featured Honorable Professor Ahsan Iqbal, Federal Minister for Interior, Planning, Development and Reforms, as the Chief Guest for the Summit and also included Dr. Cui Yong, Vice Dean and Deputy Secretary General of Belt and Road Initiative, Jiangsu University, China as the head of delegation from our neighboring country amongst others from both sides. The report signifies the event flow and the details of CPEC related way forward as identified by the participants and guests at the Summit. This Summit was an attempt to start the process of understanding and explaining the future potential of CPEC related projects and developments and therefore, the themes that were discussed have been covered in the report.
CPEC Think and Grow Summit at PITAC featured inaugural and technical sessions under which the benefits of the upcoming projects for Pakistan were discussed. Modernization of infrastructure and breaking any potential bottlenecks hindering the long-term growth were also emphasized and potential solutions were presented before the audience. The idea was to educate the locals and the stakeholders involved so that a smooth transition of economic development sponsored by CPEC is ensured and the risk is mitigated accordingly.