President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has emphasised that the government should consider establishing a new ministry to handle CPEC project related issues or think about handling over full or partial control of the project to Army which has ability to complete it in time. He said bureaucracy and political tensions continue to damage China Pakistan Economic Corridor. Tensions among provinces and lack of co-ordination among ministries concerned have increased anxiety among Chinese investors, he said.
Mian Zahid Hussain said that Panama papers, long absence of the Prime Minister and political instability has left many Chinese investors nervous which is not good for the project. Pakistan cannot afford any delay in the game changer project which is critical for the economic development and national security, he said. Mian Zahid said that if handing over the whole project of CPEC to Army is not considered suitable then monitoring of the project should be entrusted to them. He said that high Chinese authorities have informed Prime Minister Nawaz Sharif, President Mamnoon Hussain, CoAS General Raheel Sharif, Interior Minister Chaudhry Nisar and others about their reservations.
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