Abstract
Pakistan’s economy is well poised for expansion and possible take-off. Pakistan has experienced three previous phases of stunted economic growth in its seventy-years history. During each phase Pakistan failed to achieve sustainable economic growth for a consistently long duration of time. Unlike the three failed attempts of the past, this time the chances of success have been enhanced, due to launch of CPEC. This economic programme has both strategic and economic components. Pakistan should leverage the economic advantages through CPEC not only to develop its infrastructure and tide over energy and water shortage crises, but also to improve human capital and regional connectivity.