Several studies have shown that employment is critical to the health of the economy. The term
"emergency" refers to a situation in which a person's life is put in jeopardy due to an unforeseen event. It allows workers to increase their capacity for information as well as their expertise, which has a "snowball effect" on future recruitment opportunities by fostering the development of new businesses.
A significant increase in Pakistan's employment rate was only a fantasy and a dream prior to the development of the CPEC project. Unfortunately, the majority of domestic workers lacked the
specialised skills and experience required for the jobs created by CPEC's early harvest
programmes. As a result, Chinese businesses began to prioritise foreign workers. So, these
projects employed far more unskilled domestic workers than qualified or technical Pakistani
workers.
The China-Pakistan Economic Corridor (CPEC) is an infrastructure development project worth
billions of dollars that is part of China's Belt and Road Initiative. The CPEC project includes the
expansion of Pakistan's Gwadar port, as well as the construction of roads, railways, and energy
infrastructure. PowerChina, a Chinese state-owned enterprise, is actively involved in the
construction of power infrastructure projects such as the Port Qasim Power Project under the
CPEC programme.
In terms of youth empowerment particularly youth development and employment, the CPEC
project and associated energy infrastructure projects have the potential to open up new
opportunities in Pakistan. For example, the design and operation of power plants such as the Port
Qasim Power Plant necessitate a wide range of skills, including engineering, project
management, and maintenance. Young people in Pakistan can improve their job prospects by
acquiring these skills through education and training. The CPEC project has the potential to
generate a wide range of jobs in industries such as tourism, hospitality, and logistics. Young
people may find work in areas such as shipping and customs, as well as the development and
management of hotels and resorts, as a result of the development of the Port of Gwadar, for
example.
A number of infrastructure and development projects, including the CPEC, were launched in
2013 as part of China's grandiose "Belt and Road" initiative (BRI). It is a significant
development project that will transform Pakistan's economy by constructing new transportation
and energy infrastructure and connecting China to the Arabian Sea. The project entails the
construction of a network of roads, railways, and pipelines to transport oil and gas from the port
of Gwadar in south-west Pakistan to Xinjiang in north-west China. The term "solar power" refers
to the use of solar energy to generate electricity. The plan also includes the development of
industrial parks to attract foreign investment and boost manufacturing growth.
CPEC is expected to attract billions of dollars in foreign investment and create thousands of new
jobs in Pakistan, making it a game changer for the country's economy. Furthermore, the project
aims to provide much-needed infrastructure to Pakistan's rural and impoverished areas,
improving connectivity and expanding economic potential. However, the CPEC has come under
fire from critics who see the initiative as a ploy by China to increase its influence in the region.
Security issues have also arisen as a result of the presence of separatist organisations in
Pakistan's Baluchistan region, where Gwadar Port is located.
Power Construction Corporation of China, also known as PowerChina, is a Chinese state-owned
company that focuses on energy and infrastructure construction. PowerChina, one of the world's
largest engineering and construction companies, operates in over 100 countries and regions.
Among the Company's commercial ventures are the engineering, procurement, and construction
(EPC) of power plants, hydroelectric projects, transmission lines, substations, and other
infrastructure projects. PowerChina has been involved in a number of high-profile projects,
including the construction of the Beijing-Shanghai high-speed railway and the Three Gorges
Dam, the world's largest hydroelectric power station, both of which have significantly aided
China's energy and infrastructure growth.