Pakistan calls for resolution of conflicts, disputes like J & K radio.gov.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radio.gov.pk Daily Mail and Mail on Sunday newspapers.
03 Apr 2021 Asad Umar addressing the members of the Federation of Pakistan Chambers of Commerce & Industries at the Federation House in Karachi on Saturday. News Network International Federal Minister for Planning, Development and Special Initiatives, Asad Umar, on Saturday said that the scope of China-Pakistan Economic Corridor (CPEC) is expanding as various important projects entered into the advanced stage.
He said that in the second phase of the CPEC projects relating to agriculture, industry and employment were being planned.
In the first phase of CPEC basic infrastructure, energy sector particularly hydro-electrical power generation were given priority, he said and added that a multibillion dollar railway project ML-I was in advanced stage and remarkable progress has been achieved in lieu of financing of the project. The joint committee on CPEC would consider the project in its next meeting, he informed.
Islamabad, April 3, (Gwadar Pro) - The China Road and Bridge Corporation (CRBC) will carry out the marketing campaign for the Rashakai Special Economic Zone under China Pakistan Economic Corridor (CPEC), said an official statement issued here on Friday afternoon.
CRBC has expressed interest in working with the Board of Investment (BoI) in this regard, the statement said.
In a meeting with Minister for Planning Development and Special Initiatives Asad Umar, the CRBC Vice President Sun Yaoguo along with a delegation said that external marketing of the SEZ to local and foreign investors was crucial for its full operationalization.
The meeting reviewed the Rashakai Special Economic Zone (SEZ) and CRBC’s mega-project Karachi Coastal Comprehensive Development Zone, said the statement.
CPEC Corridor of Connectivity
By Shakeel Ahmad Ramay
CPEC has been conceived and designed to foster the economic development, the well-being of people without compromising the needs of future generations. It is the flagship project of the Belt & Route Initiative (BRI) with the elements of the Chinese vision of eco-civilization.
Apart from direct 83,000 jobs (latest figure of 2020) and indirect jobs through 100 SMEs, it also helped to improve the connectivity in and of Pakistan
Although the name suggests the key role of Pakistan and China, it has wider relevance for the region and beyond. A deep dive into the conceptual and implementation framework of CPEC highlights two major dimensions of the CPEC. First, it is designed to foster the economic revival and development of Pakistan. Second, it will enhance multidimensional connectivity at a wider scale.
Signs of unease between China, Pak over future of CPEC shanghainews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghainews.net Daily Mail and Mail on Sunday newspapers.