The #CPEC loans to fast track much-needed improvements in power and transportation infrastructure have the potential to massively impact many areas of #Pakistan’s economy. Assuming we can manage the security issues, it will create the enabling environment that along with the #economic zones and regulatory reforms will attract Chinese and other large investments into the country. Many of them will avail our large and cheap labor force to serve both the international market as well as the large domestic market. This will increase Pakistan’s connectivity with the global economy. It will also create the need and absorb a skilled workforce which will increase per capita income. If all goes well, the increase in domestic economic activities in the formal sector will generate enough revenues to pay for the CPEC loans.
