ISLAMABAD: Pakistan and China have agreed to start a $ 10 billion Mainline-1 (ML-1) railway project from Karachi to Peshawar and extending CPEC’s scope from government-to-government to business-to-business cooperation Minister for Planning and Development Ahsan Iqbal talking to media after 11th meeting of Joint Cooperation Committee (JCC) on CPEC said extending CPEC’s scope from government-to-government to business-to-business cooperation will help promote industrial sector, increase our export potential and foreign direct investment. He said that JCC meeting agreed to promote industrial cooperation between two countries.

Federal Minister said meeting also decided to accelerate momentum of CPEC projects across country as project remained stalled during last four years. Ahsan Iqbal went on to say that several new projects have been included in CPEC and it has been decided to establish working groups in sectors including water resource management, information technology, mining, agriculture and exports. He said that JCC meeting discussed delayed infrastructure projects like ML-1 and Karachi Circular Railway and agreed to complete work on these projects soon.

Published in The Daily National Courier, October, 29 2022

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