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Pakistan sets CPEC short to mid-term targets

Pakistan sets CPEC short to mid-term targets

January 18, 2019

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Pakistan sets CPEC short to mid-term targets

Zahid ImranbyZahid Imran
January 18, 2019
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Pakistan sets CPEC short to mid-term targets
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  • PM directs that development of Gwadar should be planned as a smart port city to make it a transshipment and petrochemical hub
  • Calls for establishment of inquiry commission to probe HR abuses in Occupied Kashmir

Image result for Pakistan sets CPEC short to mid-term targets

ISLAMABAD, January 18: Prime Minister Imran Khan chaired a meeting on Friday to review progress on China Pakistan Economic Corridor and set targets for short to mid-term phase, focusing on cooperation in industrial, socio-economic, agriculture and Gwadar.
Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar briefed the participants on the outcome of the 8th CPEC Joint Cooperation Committee meeting and progress on the projects.
It was decided to make the period as a phase of industrial cooperation, socioeconomic and agriculture sector development. Timelines for the development of prioritized SEZs were finalized to ensure ground breaking in 1st half of 2019.
Prime Minister directed to make full use of Chinese investors’ visits this year, promote awareness amongst investors on Pakistan’s tax policies; market SEZs aligned with its development and ensure ease of doing business.
The Prime Minister instructed to form a CPEC Business Advisory Council consisting of leading Pakistani business executives to create
an interface with the private sector. The Prime Minister instructed that development of the corridor should continue with priority to the development of Western Route. It was emphasized that infrastructure development needs a policy of pragmatism and due financial diligence. In the same spirit, a high level committee comprising of Ministers for Planning, Railway and Finance was formed to finalize modalities on Pakistan Railways ML-1-the strategic project of CPEC.
PM directed that Pakistan side should finalize road map for promoting agriculture sector, inviting Chinese companies to explore investment opportunities in Pakistan and leverage agro value chains. The Prime Minister directed that the development of Gwadar should be planned as a smart port city to make it a transshipment and petrochemical hub.
Later, Prime Minister Imran Khan called for early establishment of a commission of inquiry to investigate human rights abuses in the occupied Kashmir, as recommended by the United Nations. He was talking to President of the UN General Assembly (UNGA) Maria Fernanda Espinosa who called on him in Islamabad today. -Sabah/Agencies

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