According to the latest report, Ahsan Iqbal, Pakistan’s Minister for Planning, Development, and Reforms recently said that the CPEC (China-Pakistan Economic Corridor) has turned the strong political ties between China and Pakistan into deep-rooted economic relations.
Under the mega-project, 9 industrial zones will be set up across Pakistan in the coming 2-3 years that will lead to huge employment opportunities, he added.
Coal-powered energy projects with total power generation capacity of 1,320MW electricity have been completed at Sahiwal, Punjab and at Port Qasim, Karachi already, Ahsan noted.
He further said that 300MW solar power project has become operational in Bahawalpur under the CPEC as well.
In addition, he said that the road network between Quetta and Gwadar has been revamped that has shortened the time of traveling to just 8 hours.
The government is tapping the Thar coal reserves that could be the main source of electricity supply for the South Asian country for the coming 400 years, the planning and development minister said.