Second Phase of CPEC to improve people’s lives: Minister Planning Asad Umar
China's Ambassador to Islamabad, Yao Jing called on newly appointed Minister for Planning, Development and Reform and Special Initiative, Asad Umar in Islamabad. Asad Umar said the second phase of CPEC would promote the welfare of the people by bringing socio-economic advantages. In the continuous period, CPEC is associated with industrial cooperation, agriculture and the poverty alleviation, he remarked. Envoy Yao Jing congratulated Asad Umar for taking charge of portfolio and termed satisfaction over the progress of CPEC projects.
ISLAMABAD, Nov 22 (APP):Minister for Planning, Development and Reform and Special Initiative Asad Umar on Friday said that ongoing phase of China Pakistan Economic Corridor (CPEC) would bring about socioeconomic benefits for the welfare of the people.
He noted that the bilateral framework agreements has now entered into the second phase with focus on poverty alleviation, agriculture and industrial cooperation. The minister was talking to Chinese Ambassador Yao Jing who called on him here.
Asad Umar stated that CPEC offered enormous potential to boost national economy and reduce poverty. Both dignitaries discussed future projects which would be included under CPEC.
Yao Jing congratulated the minister on assumption of office as Federal Minister for Planning. He expressed satisfaction over the progress of CPEC projects noting that the pace of CPEC projects has accelerated after the incumbent government came into power and hoped that bilateral partnership between the two friendly countries will further strengthen in future.
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…
Pakistan, China reaffirm commitment to Afghan stability
ISLAMABAD: Pakistan has briefed China about the use of Afghan territory by the banned …
