Issue Brief on “CPEC: Capacity Building for Employment and Industrial Growth”

847

Investments in capacity building along the China-Pakistan Economic Corridor (CPEC) hold significant potential to drive economic growth in both countries. Capacity development, which includes the enhancement of human, institutional and physical resources, is essential for increasing productivity, efficiency and sustainability. It is imperative to prioritize investment in capacity development along the CPEC route. By directing investments into infrastructural development, skills upgrading and industrial expansion along the CPEC route, China and Pakistan can unlock opportunities that foster sustainable economic progress.

Capacity building is a process to enhance and improve skills, abilities, and resources that organizations or individuals require to adapt in the evolving world.[1] It can be done through collaboration in various educational and training programs, to equip individuals with the necessary knowledge and skills that enable them to participate in organizational growth more effectively. When individuals or organizations are equipped with the necessary skills and knowledge to plan, implement, and maintain infrastructure projects effectively, it leads to improved outcomes, increased efficiency, and reduced risks.

Read More