HONG KONG: Ambassador of Pakistan to China Khalil Hashmi has said that after growing considerable employment opportunities and including 8,000MW of electricity and 800 kilometers of roads in its first segment, the second one a part of China-Pakistan Economic Corridor (CPEC) might evolve into a multidimensional hall targeted on increase, innovation, and inclusiveness. The ambassador, addressing the ninth Belt and Road Summit in Hong Kong beneath the theme “Building a Connected, Innovative, and Green Belt and Road,” said the CPEC-II could align with Pakistan’s “5Es” approach which targeted on exports, virtual transformation, climate change, electricity, and equity. The summit accumulated worldwide leaders, enterprise representatives, and industry professionals to speak about the Belt and Road Initiative’s (BRI) destiny, emphasizing the significance of global partnerships and sustainable improvement in leveraging Hong Kong’s particular strengths. The ambassador highlighted Pakistan’s burgeoning IT sector, noting its rapid expansion supported with the aid of a growing internet person base and cellular connections. He remarked that Pakistan’s fintech area, though nascent, presented full-size possibilities for Hong Kong-based totally companies to introduce virtual banking platforms and blockchain solutions. He emphasized that whilst the call for for innovative monetary solutions turned into rising, fintech startups in Pakistan required challenge capital investments, which Hong Kong is nicely-placed to offer. The ambassador additionally confused Pakistan’s commitment to sourcing 30% of its electricity from renewables by 2030. He pointed out the untapped ability in hydropower, solar, and wind, inviting Hong Kong’s economic establishments to collaborate in green energy tasks. He additionally mentioned the Special Economic Zones (SEZs) under CPEC as appealing places for Hong Kong businesses to explore early-fowl investment possibilities, mainly in manufacturing and logistics. During his live in Hong Kong, Ambassador Hashmi also interacted with Hong Kong management and media.
