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Tuesday, May 29, 2018, 10:38
PM: China-Pakistan Economic Corridor helps boost economy
By Xinhua
Tuesday, May 29, 2018, 10:38 By Xinhua

This May 25, 2018 photo shows the Multan-Shujaabad section of Multan-Sukkur Motorway in Multan, Pakistan. Prime Minister Shahid Khaqan Abbasi said on May 28, 2018 that projects under CPEC, including road infrastructure, energy projects and Gwadar port would accelerate economic development. (AHMAD KAMAL / XINHUA)

FAISALABAD, Pakistan - Pakistani Prime Minister Shahid Khaqan Abbasi said the China-Pakistan Economic Corridor (CPEC) and cooperation from China helped Pakistan emerge as one of the world's rising economies. 

The government has laid the basis for national development, and the country is no more concerned about load shedding or terrorism

Shahid Khaqan Abbasi, Prime Minister, Pakistan

Abbasi said on Monday that projects under CPEC, including road infrastructure, energy projects and Gwadar port would accelerate economic development and would further open Pakistan to China, Central Asia and other parts of the world. 

"The government has laid the basis for national development, and the country is no more concerned about load shedding or terrorism rather it is now on its journey of development," said Abbasi. 

The prime minister was addressing an inauguration ceremony of Sharqpur-Rajana Section of Lahore-Abdul Hakeem Motorway, or M-3, in Rajana Town near the textile city of Faisalabad in eastern Punjab province. 

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The 138-km Sharqpur-Rajana Section is a vital part of the 230-km M-3, which is funded by the Pakistani government and built by the China Railway 20th Bureau Group. 

The superhighway will connect the country's business hub and the second most populated city Lahore with the Motorway-4, the main artery connecting the southern port city of Karachi with the northwestern Peshawar. 

Abbasi said the motorway would unleash an unprecedented development in the area and will bring great benefits to people. 

Chinese President Xi Jinping (right) meets with Pakistani Prime Minister Shahid Khaqan Abbasi in Boao, south China's Hainan province, April 10, 2018. (XINHUA)

The motorway will have a positive impact and promote the country's economic development by stimulating activities in the entire area, said Abbasi, adding that the motorway will connect major cities and will ensure efficient and safe transportation of passengers and goods to and from big industrial and economic hubs of the country. 

The motorway is expected to reduce the traffic congestion and will attract passenger and cargo movements, the National Highway Authority said on Monday.  

READ MORE: China-Pak corridor set to boost trade

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