Skip to main content

Pakistan to accelerate implementation of CPEC projects



ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar on Friday said the pace of implementation of projects under the China-Pakistan Economic Corridor (CPEC) would be accelerated further in the days to come.

In a meeting with Chinese Ambassador Yao Jing, matters relating to CPEC, business-to-business collaboration between the two countries and social sector development in Pakistan came under discussion.

The minister expressed satisfaction over the overall delivery of CPEC projects and said that the establishment and operationalisation of Special Economic Zones (SEZs) in all the provinces was a top priority and progress in that regard was being closely monitored.

SEZs, he said, would act as a catalyst to increase the growth of manufacturing in the country.

Special economic zones to be built in second phase of CPEC

The Chinese ambassador expressed keen interest in putting special attention to rail transport, hydroelectric power projects, social sector development projects and B2B collaboration between the two countries.

He stated that China would also consider investing in the low-cost housing programme in Pakistan.

Yao said meetings of some of the CPEC Joint Working Groups would be held through video conferencing to ensure preparation for the upcoming Joint Cooperation Committee (JCC) meeting without any delay.

The planning minister also said the provincial and federal governments were highly interested in the Karachi Circular Railway (KCR) project and discussed latest developments regarding the project.

Umar emphasised the need for enhancing B2B collaboration in banking, telecom and digital finance, manufacturing and agriculture sectors.


Separately, in a meeting with Yao, Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh thanked China for supporting Pakistan in the Financial Action Task Force (FATF) meetings.

“China and other brotherly countries have supported Pakistan throughout the process in terms of guiding the country in improving its frameworks,” he said.

CPEC as a game changer?

The adviser and the Chinese envoy met to review preparations for the upcoming visit of Chinese President Xi Jinping, according to a press release.

During the meeting, both sides also discussed progress on CPEC and measures to enhance bilateral trade between the two countries. Matters of bilateral interest were discussed and they agreed to enhance economic cooperation.

The Chinese ambassador said it was a difficult time for the people of China as they were facing the outbreak of novel coronavirus. He added that China was dealing patiently with the virus and hoped to overcome it very soon.

Published in The Express Tribune, February 22nd, 2020.

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger ,  Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018  43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found  here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and