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Home Breaking News

CPEC projects heading toward progress on expedited pace: Chinese envoy

byCT Report
19/01/2021
in Breaking News, Business, Latest News
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ISLAMABAD: Ambassador of China to Pakistan Nong Rong Tuesday said that the projects under China Pakistan Economic Corridor (CPEC) were heading in right direction and would continue to progress on expedited pace.

Talking to Secretary Planning Development and Special Initiatives Mathar Niaz Rana here, the envoy said that CPEC was the flagship project that manifested the longstanding friendship between the two friendly countries and would bring prosperity and progress for Pakistan.

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“CPEC is a product of vision of two brotherly countries that goes beyond traditional business dealings reflecting decade’s old strong bonds of bilateral cooperation and shared goals with win-win situation for all,” he added.

During the meeting, matters related to bilateral relations projects under CPEC and progress of upcoming 10th Joint Coordination Committee on CPEC (JCC) came under discussion.

The secretary Planning said that CPEC, as stated by Prime Minister Imran Khan, was a project of great national significant for Pakistan, which would be a harbinger of development and prosperity for Pakistan and the region.

He said that Pakistan in consultation with the Government of China has succeeded in expanding its scope to include other priority areas under its framework including socioeconomic development, poverty alleviation, agricultural and industrial cooperation.

“The second phase will focus, among others, on welfare projects for the betterment of the people of Pakistan and we are thankful to the Government of China for broadening its framework which will contribute to the sustained development of Pakistan”, he added.

The secretary reiterated that the the government remained fully committed to realize the potential and opportunities under CPEC framework.

The two sides expressed satisfaction on the meetings of Joint Working Groups (JWGs) held in the recent weeks, for various sectors.

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