AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Prime Minister Imran Khan directed all the relevant ministries on Tuesday to set targets and timelines for timely completion of the second phase projects of social and economic development under the China-Pakistan Economic Corridor (CPEC)

While chairing a high-level meeting on the progress of CPEC projects, the Prime Minister directed for making more effective inter-ministerial coordination for the second phase of CPEC projects and wanted the finalization of social sector and economic development projects on priority basis. The Prime Minister also directed that the next meeting should be given a detailed briefing on hurdles in setting up targets for timely completion of second phase CPEC projects and measures taken by the concerned ministries to remove the hurdles.

The Prime Minister stated that China has always stood by Pakistan in difficult times by providing help and the CPEC projects reflect durable relations between Pakistan and China. He said that there is need to take benefit from Chinese experience in agriculture and poverty alleviation.

The meeting was given a briefing on progress of medium-term and long-term projects and was informed about the first phase project of energy, road network, rail networks, Gwadar Port as well as about the second phase projects of industrial cooperation, agriculture promotion, social sector and tourism. The first phase CPEC projects of energy and road infrastructure have been completed while work on Gwadar Port and airport is in progress.

The meeting was told that Orange Line project has been completed and consultations process on feasibility of Quetta Railway is in progress.

About the progress on industrial development, the meeting was told that groundbreaking of Allama Iqbal Special Economic Zone (SEZ) has recently been done by the Prime Minister and groundbreaking of Rashakai Special Economic Zone would be done next month. The meeting was further informed that bidding of Dabheji Economic Zone would start soon.

The meeting reviewed various proposals regarding CPEC social sector projects. The Prime Minister directed that CPEC consultation process and early completion of ongoing projects must be done on priority basis.

Copyright Business Recorder, 2020

Comments

Comments are closed.