With an emphasis on five new business corridors, Pakistan has declared the start of the China-Pakistan business Corridor’s (CPEC) second phase. The Special Investment Facilitation Council (SIFC) is facilitating this development.
Pakistan’s ‘5Es Framework’ is in line with the new corridors, according to Ahsan Iqbal, Federal Minister for Planning, Development, and Special Initiatives. The framework places equal emphasis on exports, e-Pakistan, energy and infrastructure, ecology and climate change, and youth empowerment.
The Innovation, Livelihood, Green Energy, Regional Development, and Job Creation Corridors are among the newly established economic corridors. As part of CPEC Phase II, these corridors intend to concentrate on development, livelihoods, innovation, green energy, and regional connectivity.
