Skip to main content

Pakistan emphasises expeditious progress on CPEC projects

ISLAMABAD: Foreign Minister Shah Mehmood Qureshi on Thursday stressed the need for expeditious progress on China-Pakistan Economic Corridor (CPEC) projects.

Talking to the newly-appointed Chinese Ambassador Nong Rong, Mr Qureshi hoped that he would use his experience in trade and infrastructure development to “fast-track CPEC projects and promote industrialisation in Pakistan”.

Pakistan and China had launched the second phase of the CPEC in April 2019. Industrialisation was to be the main feature of the second phase. However, the progress in the second phase has been sluggish.

Mr Qureshi, during the meeting, particularly called for speeding up the completion of CPEC projects at Gwadar so that the upcoming port could achieve its potential.

He sought increased cooperation in the agriculture sector and opportunities for Pakistan to export its agricultural products to Chinese market. Agriculture projects were also part of the CPEC-II.

The foreign minister exp­ressed the hope that the upcoming 10th meeting of the Joint Cooperation Com­mittee would be “fruitful and mutually beneficial” and would approve the inclusion of mega projects in the CPEC. He underscored the importance Pakistan atta­ch­ed to the ML-1 project for expansion and reconstruction of the railway tracks.

There have been reports that Chinese have been reluctant to finance ML-1 project because of the low interest rate of the loan being offered by Pakistan. The $6.8 billion project is planned to be executed with the help of 90 per cent Chinese loans.

Pakistan had initially planned to start the ML-1 upgradation project in January 2021, but it looks that its rescheduling is imminent.

The Chinese envoy said that his country would “firmly support timely completion of CPEC” and would strive to make it a high-quality demonstration project of the Belt and Road Initiative.

Published in Dawn, November 6th, 2020


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

RWR Advisory: Belt and Road at a Glance

This edition covers developments from March 12 - March 26..  Belt and Road at a Glance   Subscribe to the Belt and Road Monitor Top Developments China National Machinery Industry Corporation, commonly known as Sinomach, has agreed to  build  a $845 million, 255-mile railway across  Iran , building upon a sustained period of growth for Chinese investment in Iran that accelerated after Xi Jinping’s state visit to the country in January 2016. The railway will link the cities of Tehran, Hamedan and Sanandaj. China Civil Engineering Construction, a subsidiary of CRCC, is currently also  building  a 263-km railway line from Kermanshah to Khosravi. According to Chinese entrepreneur Lin Zuoru, who  owns  factories in Iran, “Iran is at the center of everything.”On March 23, China’s Ministry of Commerce announced that foreign direct investment by Chinese companies in 50 Belt and Road countries fell by 30.9% year-on-year. While the Ministry stated that this number covers investment across al

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.