Islamabad: Senator Sherry Rehman, Central Vice President of Pakistan People’s Party (PPP) has expressed hope that China’s Belt and Road project will create opportunities for investment, trade and development in the country and said that if we set our investment priorities right. If you do, there can be a big change in Pakistan.
Speaking at a conference on China’s development journey organized by Pakistan China Institute in Islamabad, Vice President PP Senator Sherry Rehman said that China’s relationship with the southern region is part of Eurasia, the Belt and Road (BRI) project. Launched in 2013, BRI has reached 140 countries by 2023 and its investments have exceeded $1.3 trillion.
He said that it can provide opportunities for economic, investment, trade and development, if we get our investment priorities right, there can be a big change in Pakistan.
He said that the China-Pakistan Economic Corridor (CPEC) has contributed more than $25 million to Pakistan’s economy, it can be a source of connectivity, transformation and prosperity, with estimates of CPEC around 2.3 Can create millions of jobs.
Sherry Rehman said that BRI countries have increased trade by 45% after this project, BRI countries have increased digital connectivity by 60%.
He said that the import ratio of solar panels from China is very high, one third of Pakistan’s installed solar panel capacity comes from China, Pakistan is quietly moving towards solar energy and I call it ‘Rooftop Revolution’. I understand.
The PPP leader said that Pakistan’s energy sector is outdated, people are going solar and selling energy to the national grid, Pakistan’s parliament building has been selling energy to the national grid for many years. Pakistan is moving towards renewable energy and buying cheap solar panels from China.
He said that Sindh is considering to start a small energy park, it is good to see that Chinese people are speaking Urdu and many Pakistani students are learning Chinese, there is never a lack of trust between Pakistan and China. Stayed.
Sherry Rahman said that Pakistan-China relations remain strong through personal relations, country-to-country and people-to-people contacts.
