China-Pakistan Economic Corridor is a framework of regional connectivity. CPEC will not only benefit China and Pakistan but will have positive impact on Iran, Afghanistan, India, Central Asian Republic, and the region. The project will link several countries through a single corridor. CPEC project is divided in different phases, works on many phases has started. CPEC is intended to rapidly modernize Pakistani infrastructure and strengthen its economy by the construction of: modern transportation networks, numerous energy projects and special industrial zones. Originally valued at $46 billion, the value of CPEC projects is now worth $54 billion
Heavy foreign investment is expected in different projects and the industrial zones which will be set up across the corridor and Gawadar. Pakistan is a fast growing economy, proposed project of China Pakistan Economic Corridor (CPEC) has added a great value in the economic and investment potential of the country.
In near future heavy foreign direct investment is expected in different areas , specially construction, engineering, industrial and manufacturing sector. China-Pakistan Economic Corridor (CPEC) is planned to shoot up for a $150-billion investment, and a new whole world of business that will make it the largest economic region. According to a news report, the connectivity through the CPEC project will enhance trade opportunities for Pakistan, with 70 per cent of the international maritime trade via the country’s two big ports of Karachi and Gwadar.
Pakistan was listed among top 10 global improvers in World Bank’s 2017 Doing Business rankings. Ease of doing business is a unique future of Pakistani economy; all local and foreign investor can set up companies at a lowest cost ranging from US $200 to 500.
Securities and Exchange Commission of Pakistan , regulator of corporate sector, has reduced registration fees for Registration of Companies. Further process and legal requirements are also relaxed by the SECP not Company Registration in Pakistan has become too easy and cost effective. Being foreigner an individual is not even required to visit Pakistan for Company Registration in Pakistan.
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