Monday , March 30 2020

PM Khan wants early completion of CPEC projects

Islamabad: Prime Minister Imran Khan while focusing on the early completion of China Pakistan Economic Corridor (CPEC) projects, ordered the Board of Investment’s chairman to present a comprehensive plan for swift development of special economic zones (SEZs) across the country.

Prime minister Imran khan led a high-level meeting to review progress on CPEC projects. The meeting looked into various projects based on Pak-China cooperation in the sectors of industrial development, special economic zones, agriculture and socio-economic development at Gwadar port.

It was decided in the nmeeting that infrastructure projects need to be sped up including the work at Gwadar Project and a CPEC Business Advisory Council was also constituted.

“Early completion of CPEC projects is in Pakistan’s interest as it will bring great socio-economic opportunities,” said PM Khan. “Pakistan can benefit from Chinese experience of pulling its people out of poverty.”

Previously on January 1, the Public Accounts Committee (PAC) was told that seven power projects of 3340 megawatt have been finished under the umbrella of CPEC project.

The secretary Power Division told the committee led by Opposition Leader Shahbaz Sharif in Islamabad. He told that 13 projects of 7240 megawatt under the CPEC are still under execution phase and will soon be completed.

He also informed PAC that circular debt in the power sector had crossed 755 billion rupees.

The Pakistan Tehreek-e-Insaf and Pakistan Peoples Party members of the committee lashed at the establishment of a coal power plant in Sahiwal.

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