With CPEC, Pakistan could play host to Chinese industries

Posted In: News Date:Jan 21st, 2018

Pakistan could see an industrialisation wave in the coming months through the addition of production and manufacturing units including mobile and laptop assembly plants from China, stated the central bank in its quarterly report on the state of the economy. 

The State Bank of Pakistan (SBP) said that the country could benefit from technology transfers and spillovers from China, which is currently partnering with Islamabad in building a network of roads and highways along with participating in power projects in a multi-billion dollar economic corridor.

“With CPEC (China-Pakistan Economic Corridor) in its implementation stages, technology transfers and spillovers from China into Pakistan may be expected,” said SBP in its latest quarterly report.