FPCCI hails Establishment of CPEC Authority.

Karachi -- President of Pakistan Chambers of Commerce and Industry Engr. Daroo Khan Achakzai hailed the Prime Minister of Pakistan decision to establish China Pakistan Economic Corridor (CPEC) Authority with an objective to accelerate the pace of CPEC related activities.

While speaking to business community , he said that CPEC authority would find new drives of growth, unlock the potential of the interlinked production network and global value chains through regional and global connectivity.

He said that it a positive development for early completion of ongoing projects and removal of bottleneck in the projects. He hoped that the creation of CPEC Authority would start a new phase of Joint Ventures and investment in Pakistan that would promote industrialization, create new jobs, help in alleviating unemployment & poverty and enable the economy to be on the path of sustainable growth.

He appreciates the Government for granting tax and tariff concession to Gwadar ports and its adjunct Special Economic Zones and emphasized the granting same...