CPEC: ML-1 to create 174,000 direct jobs in Pakistan
by Tahir Ali
ISLAMABAD, June 13 (Gwadar Pro)– The China-Pakistan Economic Corridor (CPEC)’s Mainline 1 (ML-1) project has the potential not only to solve Pakistan’s transportation problems but also create 174,000 direct jobs in the country.
According to Pakistan Economic Survey 20-21, the ML-1 project would upgrade and dualize the rail track from northwestern city of Peshawar to southern Karachi (1872 km) and has a “potential to create 174,000 direct jobs”.
According to the survey, the huge inflow of investment under CPEC will generate massive economic activities and consequently employment opportunities.
Apart from focusing on energy, infrastructure and Gwadar projects, 9 Special Economic Zones (SEZs) will be established under CPEC, which will create “tremendous job opportunities and technological transformation”.
The official documents read that Investment under CPEC is expected to be around $ 50.70 billion and employment opportunities under CPEC would further go up.
(Editor:Liao Yifan)