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Latest News - February 8, 2020

CPEC has broader acceptability: Chairman CPEC Authority

Hailing the developments under the 1st phase of CPEC, the CPEC Authority Chairman General (Retd) Asim Saleem Bajwa hinted the 2nd phase would bring bulk of job opportunities in the field of agriculture and industrialization. He noted all the CPEC stakeholders are keen to promote the project rather repelling the developments. Earlier, Chairman CPEC Authority  Prime Minister Imran Khan to update him about the pace of development of current projects under the CPEC.

Chairman CPEC Authority General (Retd) Asim Saleem Bajwa has said that the second phase of China Pakistan Economic Corridor (CPEC) encompassed multi-sector projects that would generate mass level employment opportunities in the country.

“Time to gear up for Phase-2 which is envisioned to generate mass employment through more projects of mass industrialization, agriculture and socio-economic uplift,” he said in a tweet.

The CPECA Chairman said that after assuming the charge, he had taken briefings from various stake holders and came to know that the CPEC possessed across the board acceptability. He said the CPEC first phase had already brought relief in energy and infrastructure sector while the second phase would help expanding industrialization and other sectors related to socio-economic uplift.

Asim Bajwa said nine projects had been completed so far producing 5320 MW electricity with investment of US$7.9 billion providing jobs to 5000 Pakistanis.

While eight more projects under construction for production of 4470 MW electricity investing another US$9.55 billion providing jobs to 15,227 Pakistanis.

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