Islamabad: The Cabinet Committee of the China-Pakistan Economic Corridor (CPEC) expressed satisfaction with the progress of the CPEC project on Thursday.
The committee met here with Asad Umar, Minister of Planning, Development and Special Initiatives, to review the progress of CPEC. Ministers and secretaries from ten ministries and commissions attended the meeting.
Lieutenant General Asim Saleem Bajwa, Special Assistant to the Prime Minister of Information and Broadcasting, briefed the Committee on the progress of various CPEC projects implemented nationwide.
Asim Bajwa, who is also the chairman of CPEC, said in a tweet that according to Prime Minister Imran Khan’s vision, it can be ensured that CPEC’s dividends will benefit all Pakistanis.
He said that officials from relevant ministries and commissions reiterated that they are wholeheartedly speeding up the work of the CPEC project.
Minister Asad Umar (Asad Umar) said in a series of tweets that the Cabinet Committee reviewed the progress of the CPEC project in the 2019-20 fiscal year.
He said that in the power sector, two projects with a capacity of 1,980 MW have been put into production, while another project has started. Similarly, the two projects have also completed financial settlements and signed concession agreements for two Hydel projects with a capacity of 1,800 MW.
In addition, he added that two infrastructure projects were completed, one of which broke ground one after another, and the Ministry of Planning approved three more projects.
“Most importantly the biggest CPEC project so far and the biggest rail project in history of Pakistan, ML-1 got approval from Executive Committee of National Economic Council (ECNEC) to proceed further,” Asad Umar said.
The minister said significant progress had been achieved in the development of Gwadar port city’s infrastructure, which was the linchpin of CPEC. It included ground breaking of Pak-China Hospital and a technical and vocational center.
Phase-1 of a project to supply 5 MGD water from Saur Dam to Gwadar city was also completed, he added.
Asad Umar mentioned that the ground-breaking of first CPEC Special Economic Zone (SEZ) in Faisalabad had taken place in January while significant progress was made for setting up SEZs in Dhabeji, Sindh and Rashakai, Khyber Pakhtunkhwa. “As we move forward the emphasis on industrial cooperation (with China) will increase.”
He said two areas of emphasis and priority in the next phase of CPEC would be agriculture, and science and technology. New joint working groups had been established for both the areas under the CPEC framework, Asad Umar added.