CPEC’s Phase II: Ahsan Iqbal’s Vision for Technological Growth and Regional Cooperation
In a recent statement, Ahsan Iqbal, Pakistan’s Minister for Planning, Development, and Special Initiatives, lauded the enduring “iron brother” relationship between Pakistan and China, describing the partnership as a flourishing garden that only experiences spring. He highlighted the important role of the China-Pakistan Economic Corridor (CPEC) in shaping Pakistan's economic future.
During an interview with China Economic Net, Iqbal emphasized the strong bond that has developed over decades between the two countries, culminating in the establishment of CPEC as a key component of China’s Belt and Road Initiative (BRI). Reflecting on the first decade of CPEC, Iqbal acknowledged its pivotal contributions, including the addition of 8,000 megawatts of energy to Pakistan’s grid, which helped resolve the 2013 power crisis, the construction of modern highways and motorways that have boosted regional economic activity, and the installation of fiber optic cables to improve digital infrastructure, connecting Pakistan with China.
P.c. China Pakistan Economic Corridor
Iqbal also highlighted the progress made at Gwadar Port, which is envisioned to become a regional trade hub. He expressed optimism about its transformation into a “smart port” capable of linking the Arabian Sea and Indian Ocean to China, Central Asia, and beyond. Looking ahead to CPEC’s second phase, Iqbal outlined an ambitious vision for Pakistan’s economic modernization, which will focus on five key corridors: Growth, Livelihood, Innovation, Green Economy, and Open and Inclusive Development.
The second phase of CPEC aims to enhance technological advancements and sustainability in Pakistan, with a particular emphasis on the agricultural sector, where technological innovation is expected to boost productivity, exports, and competitiveness. Pakistan is also focusing on developing its IT sector, taking advantage of its young, tech-savvy population.
Ahsan Iqbal stressed that the enduring bond between Pakistan and China would only grow stronger, underscoring the commitment of Pakistan’s military and security forces to protect Chinese projects. He also highlighted Pakistan’s dedication to safeguarding Chinese workers, referring to them as “national guests” contributing to Pakistan’s development.