"$46 billion is the economic value but the overall contribution and impact of the CPEC would be much deeper and far-reaching," he said.
He said the CPEC will not only create a strong overland link between Pakistan and China but also give us opportunity to strengthen Pakistan's own inland transportation and logistics infrastructure.
More than $10 billion will be spent on railway infrastructure as well as projects in Pakistan.
Similarly, the CPEC will be addressing Pakistan's energy crisis as projects worth $35 billion are envisaged in Pakistan in the energy sector.
He said the CPEC will enable Pakistan to benefit greatly from know-how, ingenuity, innovation and time-tested expertise of the Chinese industry.
The CPEC was launched in 2015 when Chinese president Xi Jinping had visited Pakistan.
The project involves several infrastructure and power generation schemes to link north-western China with Gwadar sea port in Balochistan.
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