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Latest News - September 30, 2023

Minister Murtaza Solangi highlights transformative impact of Chinese investments in Pakistan’s economy through CPEC

Minister Murtaza Solangi highlighted the transformative impact of Chinese investments through the China-Pakistan Economic Corridor (CPEC) on Pakistan’s economy, emphasizing their role in various sectors like infrastructure and energy. He mentioned that CPEC is entering a new phase with projects such as the ML-1 railway line and stressed the completion of infrastructure and mass transit projects like the Orange Line Train. Solangi expressed optimism about the upcoming focus on Special Economic Zones within CPEC, with over $26 billion worth of projects launched and more in the pipeline. He anticipated a new era of cooperation during the Pakistani leadership’s visit to China in October, emphasizing the strengthening of the Pakistan-China friendship amid changing global dynamics.

Minister for Information and Broadcasting Murtaza Solangi has said projects initiated with Chinese investment under the China-Pakistan Economic Corridor in various areas, including basic infrastructure and energy, have given a new shade to Pakistan’s economy.

Interacting with China Radio International, he said now CPEC is entering a new phase, entailing projects like ML-1 railway line.

He said several infrastructure and mass transit projects like Orange Line Train have already been completed under CPEC.

The Minister expressed the optimism that the new phase of CPEC will have particular focus on Special Economic Zones. He said projects worth over 26 billion dollars have been launched, while new ones are ready to takeoff.

Murtaza Solangi hoped that a new era of cooperation between the two countries is likely to begin in October this year during Pakistani leadership’s visit to China.

He said in the changing world order when new blocs are being forged; the Pakistan-China friendship is getting stronger than ever. He said the Pakistan-China friendship will continue to rise in future.

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