CPEC is a major project of Belt and Road Initiative (BRI) flagship and has geared the development of industrial and economic development. The project had been started a long ago and had mitigated due to COVID-19 restrictions. Pakistan has vowed the rapid completion of the China-Pakistan Economic Corridor (CPEC) projects, Pakistan has vowed to eradicate hitches, Gwadar Pro announced on Sunday. According to Asad Umar, Minister of Planning for Growth and Special Initiatives, Pakistan and China are working together hand to hand to put the CPEC mega-project to new heights.
Asad Umar said that in the next two weeks, he would personally hold four meetings to resolve all pending CPEC project issues. “The great nations of Pakistan and China will work together to strengthen the CPEC to bring the mutual prosperity of both countries to a higher level,” he said in a tweet. Last Thursday, the minister held a meeting with all the companies operating on coal-to-gas and coal-to-liquid projects. During the meeting. Asad Umar said the implementation of this new technology would unlock vast local energy reserves and go a long way towards improving Pakistan’s energy security, and a policy framework was being built for this purpose.
Earlier on Saturday, the Chinese Embassy in Pakistan announced that Chinese companies, under the guidance of two governments, were devoted to the new phase of CPEC cooperation. In a message on its official Twitter account, the Embassy invited Asad Umar and Asim Saleem Bajwa, Chairman of the CPEC Authority, to meet with members of CPEC projects to explore ways forward.
Prime Minister Imran Khan recently ordered that work on CPEC-related projects should be expedited. In particular, it was focused to promote work on CPEC projects in the province of Balochistan. In the meantime, the steering committee headed by Defence Minister Pervez Khattak to oversee CPEC-related projects in Khyber Pakhtunkhwa Province will hold its maiden meeting today to speed up work and devotions on CPEC ventures. In its first session, the steering committee will take up the Chashma Right Bank Canal project, an official statement said.
At a recent meeting between Speaker National Assembly and Chief Minister Khyber Pakhtunkhwa Mehmood Khan, the establishment of the Executive Board was decided upon after they felt that due to bureaucratic and coordination deficiencies, the CPEC projects were going forward at a slow pace. National Assembly Speaker Asad Qaiser approved the establishment of an executive board to oversee CPEC-related projects in Khyber Pakhtunkhwa, under the chairmanship of Federal Defense Minister Pervez Khattak.
The steering committee will oversee and address the issues linked to the Chashma Right Bank Canal Project, Ismail Khan Motorway Peshawar-Dera and Chakdara Chitral Route (Dir Motorway). The committee has also been assigned to oversee the expedited implementation and efficient execution of the CPEC projects in KPK.
“One Belt and One Road” (OBOR) is China’s developmental cycle, declared in October 2013 for …