The 2024 Chinese Spring Festival at Rashakai Special Economic Zone showcased international camaraderie and cultural exchange between Pakistan and China. The event highlighted the synergy between culture and commerce, envisioning a future of shared prosperity.
In a vivid display of international camaraderie and cultural exchange, the Rashakai Special Economic Zone (RESZ) became the backdrop for the Chinese Spring Festival 2024 celebrations. This remarkable event, organized by the Pakistan-China Friendship Association Khyber Pakhtunkhwa (PCFA KP) and the Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC), not only marked the lunar new year but also underscored the deep-rooted friendship and mutual respect between Pakistan and China. The festival, steeped in rich traditions and symbolic gestures, was a testament to the enduring bond shared by the two nations.
At the heart of these celebrations was the synergy between cultural festivities and economic aspirations. Syed Ali Nawaz Gilani, the Secretary-General of PCFA-KP, took this opportunity to extend heartfelt greetings to the Chinese community, emphasizing the importance of learning from China’s remarkable economic trajectory under President Xi Jinping’s leadership. Gilani’s message underscored the potential of such international friendships to foster economic development and cross-cultural understanding.
Representing the KPEZDMC, Chief Commercial Officer Adil Salahuddin echoed this sentiment, pledging unwavering support for initiatives aimed at bolstering economic development within Khyber Pakhtunkhwa. This collaboration between PCFA KP and KPEZDMC serves as a beacon of international cooperation, promising a future where economic and cultural ties are intertwined.
The event itself was a colorful tableau of friendship and goodwill. A cake cutting ceremony, a tradition that transcends cultural boundaries, symbolized the sweetness of the Pakistan-China relationship. The exchange of souvenirs between officials from both sides further highlighted the respect and affection that underpins this international partnership. Gouhong Beng, Deputy Project Head of CRBC for RESZ, lauded the gesture, emphasizing the closeness that has developed between the two countries.
Notably, the celebration was not just a gathering of officials but included students and faculty members from various universities, illustrating the widespread support and enthusiasm for the Pakistan-China friendship. This inclusivity points to a future where these international bonds are nurtured by the younger generations, ensuring their strength and vitality.
As the festivities drew to a close, the message was clear: the Pakistan-China relationship is not just a diplomatic alliance but a deep-seated friendship poised to shape the future of the region. Through cultural exchanges like the Chinese Spring Festival 2024 celebrations at RESZ, both nations are laying the groundwork for a future characterized by shared prosperity and mutual respect.
The collaborative efforts of PCFA KP and KPEZDMC in organizing such a meaningful event highlight the potential for economic zones like RESZ to serve as catalysts for international cooperation and development. As both countries continue to build on this solid foundation of friendship and collaboration, the promise of learning from each other’s successes paves the way for a brighter, more interconnected future.
In essence, the Chinese Spring Festival 2024 celebrations at the Rashakai Special Economic Zone were more than just a cultural event; they were a manifestation of the strong, enduring friendship between Pakistan and China. Through such exchanges, both nations reaffirm their commitment to a partnership that transcends economic cooperation, embracing a shared vision for prosperity and cultural understanding.
Published in BNN on February 16, 2024.
The 2024 Chinese Spring Festival at Rashakai Special Economic Zone showcased international camaraderie and cultural exchange between Pakistan and China. The event highlighted the synergy between culture and commerce, envisioning a future of shared prosperity.
The officials said the project’s Phase I encompassed 247 acres of modern facilities designed to attract domestic and foreign investors promising to spur economic growth and job creation and thus, strengthening Sino-Pak cooperation and relations under the umbrella of the CPEC. They said Phase I housed 18 zone enterprises with seven being under construction mobilising an estimated investment of Rs85 billion.
Besides the investment of US $ 400 million, the KPEZDMC expects the generation of 250,000 to 300,000 direct and indirect employment, he said, adding that 80 percent of the labour force in the zone would be local, particularly natives to the area.
An official of the company said here on Tuesday that a collective investment of Rs 1.2 billion and employment generation of over 500 was expected from these companies. The SEZ committee has so far approved 18 enterprises, leasing out 68 acres with an investment figure of Rs79.2 billion.
The group, with 40 years of experience, intends to bring more innovative ideas and expertise from well-developed countries which will not only enhance and reshape the current market but also contribute to the Pakistani job market and will favourably impact import substitution, for not only demotic but for exports also.
Pakistan Oxygen Limited (POL) has planned to set up a state-of-the-art plant in Rashakai Special Economic Zone of the premier China PakistanEconomic Corridor (CPEC) in Pakistan, said a press release issued here on Monday.