Home Latest News Prime Minister Shehbaz Sharif recognizes Chinese companies’ contributions to CPEC development
Latest News - August 7, 2023

Prime Minister Shehbaz Sharif recognizes Chinese companies’ contributions to CPEC development

Prime Minister Muhammad Shehbaz Sharif honored prominent Chinese companies in recognition of their valuable contributions to the China Pakistan Economic Corridor (CPEC) and other development projects in Pakistan. The Prime Minister praised the transformative impact of Chinese investments on Pakistan’s economy and acknowledged the companies’ investment of over thirty billion dollars in various projects. The second phase of CPEC will focus on agriculture, IT, and the establishment of Special Economic Zones. Shehbaz Sharif commended the Chinese companies for their hard work in Pakistan’s development and expressed gratitude to the Chinese Charge d’ Affaires for their personal involvement in strengthening the enduring friendship between China and Pakistan. In response, the Chinese Charge d’ Affaires, Ms Pang Chunxue, expressed confidence in continued cooperation between the two countries over the next ten years to promote the high-quality development of CPEC and foster a shared future for China and Pakistan.

Prime Minister Muhammad Shehbaz Sharif conferred awards upon the prominent Chinese companies for their valuable services in fostering China Pakistan Economic Corridor and other development projects in Pakistan.

Addressing the ceremony, the Prime Minister said Chinese investment changed the entire economic horizon of Pakistan.

He said the Chinese companies made more than thirty billion dollars investment in different development projects in Pakistan, which is highly commendable.

The Prime Minister said we are entering the second phase of CPEC with focus on agriculture, IT and establishment of Special Economic Zones. He also lauded the Chinese companies role and their hard work in the development of Pakistan.

Shehbaz Sharif also expressed his gratitude to Chinese Charge d’ Affaires for taking personal interest in making CPEC a symbol of time-tested China Pakistan friendship.

In her speech, Chinese Charge d’ Affaires in Pakistan, Ms Pang Chunxue said we are fully convinced that after ten years’ successful cooperation of CPEC, China and Pakistan will continue to move forward side by side to meet risks and challenges, jointly promote the high quality development of CPEC and China Pakistan community with a shared future.

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