Planning minister reaffirms Pakistan’s commitment to fast-tracking CPEC projects
Minister for Planning, Development, and Special Initiatives, Sami Saeed, has reiterated Pakistan’s strong dedication to expediting the ongoing projects of the China-Pakistan Economic Corridor (CPEC) during a meeting with China Overseas Port Holding Company (COPHC) Chairman Yu Bo. Emphasizing the importance of Gwadar as the core of CPEC and a key to Pakistan and the region’s prosperity, Saeed highlighted its transformation into a world-class port and logistics hub that will generate employment and economic opportunities. He also reaffirmed Pakistan’s commitment to resolving any outstanding CPEC issues promptly. Chairman Yu Bo updated the minister on the progress of Gwadar Free Zone and Gwadar Free Port, celebrating the completion of the initial phase of Gwadar’s development and its technological advancements under COPHC’s stewardship. Both sides expressed their commitment to further enhancing cooperation in this regard.
ISLAMABAD, Oct 06 (APP): Minister for Planning, Development and Special Initiatives Sami Saeed on Friday reaffirmed Pakistan’s strong commitment to fast-tracking the ongoing projects of China-Pakistan Economic Corridor (CPEC).
He made these remarks during a meeting with China Overseas Port Holding Company (COPHC) Chairman Yu Bo, a news release said.
Sami Saeed said Gwadar was the heart of CPEC and a gateway to prosperity for Pakistan and the entire region.
He said Gwadar was being developed as a world-class port and logistics hub, adding “This will create new jobs and opportunities for the people of Pakistan and boost the economy.”
He also reiterated that Pakistan was committed to resolving all outstanding issues related to CPEC on a priority basis.
China and Pakistan have established a high-level mechanism to address concerns, if any, he added.
Chairman Yu Bo briefed the minister about the progress of Gwadar Free Zone and Gwadar Free Port.
Underscoring the significance of Gwadar within the CPEC framework, he said the first stage of Gwadar port and city development, along with the Gwadar Free Zone, had been completed, marking a substantial achievement.
He also highlighted how COPHC’s decade-long stewardship had remarkably transformed Gwadar from a modest village into a thriving modern city, replete with cutting-edge technology.
During the meeting, both sides reaffirmed their commitment to further strengthening cooperation in this area.
CPEC’s Success Story: $25 Billion Invested Across 38 Completed Projects
ISLAMABAD: A total of 38 projects worth over $25 billion have been completed and 23 develo…
CPEC’s Success Story: $25 Billion Invested Across 38 Completed Projects
ISLAMABAD: A total of 38 projects worth over $25 billion have been completed and …
