AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Print Print 2019-11-22

Second phase of CPEC to start with Rashakai SEZ next month

Speaker National Assembly Asad Qaiser has said that second phase of China-Pakistan Economic Corridor (CPEC) would start next month with groundbreaking of Rashakai Special Economic Zone.
Published 22 Nov, 2019 12:00am

Speaker National Assembly Asad Qaiser has said that second phase of China-Pakistan Economic Corridor (CPEC) would start next month with groundbreaking of Rashakai Special Economic Zone.

The speaker expressed these views while addressing a ceremony organized by Pakistan-China Institute along with PowerChina here on Thursday as a chief guest. A report on energy projects of CPEC including a specific one on the first power project, the Port Qasim Power Project of 1320MW, was presented in the ceremony.

The speaker appreciated the efforts of PowerChina for promoting of CPEC and development of energy infrastructure in Pakistan, stating in clear term that the "Parliament of Pakistan fully supports CPEC and, Insha Allah, we will take it forward, including the second phase being started with the Rashakai Special Economic Zone, whose groundbreaking is scheduled in December 2019."

He also announced that the National Assembly will organise a seminar in December to discuss expansion of CPEC beyond Pakistan and China to Central Asia, adding he had instructed the Parliamentary Committee on CPEC to initiate seminars in different parts of Pakistan.

He said, "I am a representative of China in Pakistan. I will ask the Chinese friends to open up their market for Pakistanis especially in the field of agriculture." He also praised the positive role of Senator Mushahid Hussain Sayed in the promotion of CPEC.

The speaker said that socio-economic uplift of the society was the top priority of the present government and policies in that regard were being actively pursued. He said that socially developed society and individuals could better play their role in national development. He said that qualitative changes in the structure and framework of the society within religious and cultural norms are imperative for national development.

While praising the role of civil society in social development, he said it had created an immensely informed society which was aware of its national obligations. He said the government could not solely achieve those objectives; however, with collective efforts of the civil society organisations, the government's efforts could be supplemented. He said Parliament was alive on that issue and would always extend its cooperation in this regard.

Later, a video of the Port Qasim Power Plant was also shown on this occasion and the speaker National Assembly unveiled PowerChina's Pakistan Sustainable Development Report as well as two research reports prepared by the Pakistan China Institute on the Port Qasim Power Plant, on Exploring Socio-Economic Impact and the other on Exploring Environment Effects.

Copyright Business Recorder, 2019

Comments

Comments are closed.