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Home Breaking News

 Pakistan, China agree to execute ML-1 project on priority basis

byCT Report
18/03/2022
in Breaking News, Business, Latest News
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ISLAMABAD: Pakistan and China agreed to execute the much awaited mega ML-1 railway up-gradation project under China Pakistan Economic Corridor (CPEC) on priority basis.

The agreement was reached at a virtual held meeting between CPEC Authority and National Development and Reforms Commission (NDRC) of China to follow up on the decisions taken during the recent visit of the Prime Minister to China.

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Special Assistant to Prime Minister (SAPM) on CPEC Affairs Khalid Mansoor and Director General NDRC co-chaired the meeting. The Ambassador of Pakistan in China also participated.

The meeting decided that Pakistan Railways would immediately contact the National Railway Administration (NEA), to work out further details of the project.

The NDRC Director General said that the relevant Chinese institutions were already taking the necessary actions to implement the understandings reached during the visit.

He said that the Chinese side attaches the utmost importance to the ML-1 project and several internal meetings between the National Railway Administration and other relevant institutions have been held to work out the modalities & prepare for execution of the first Phase of the project.

SAPM CPEC Affairs stated that Prime Minister’s meeting with the Chinese leadership had been extremely fruitful and the relevant institutions of the two countries were fully geared to take the necessary steps to translate the understandings reached at the highest level into actual actions on the ground at the earliest.

The meeting also discussed projects in the power sector including the 300 MW Power Project in Gwadar and the 1320 MW Thar Coal Block-1 Power project. It was noted that all actions relating to these projects had been completed on Pakistan side. It was decided that the Chinese side would expedite the next steps relating to these projects.

The meeting expressed satisfaction at the pace of implementation of various projects in Gwadar such as the East Bay Expressway, New Gwadar International Airport, Pak China Friendship Hospital etc.

The meetings also discussed the schedule for holding of meetings of Joint Working Groups (JWG) for various sectors. It was decided that meetings of the Joint Working Groups for Industrial Cooperation, Information Technology, Science & Technology and Agriculture would be held in the near future.

SAPM on CPEC Affairs expressed his gratitude to the NDRC for their support and facilitation in forwarding the agenda of CPEC.

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