Progress on CPEC restored within year: Ahsan Iqbal

Business Jul, 5 2023
Progress on CPEC restored within year: Ahsan Iqbal
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ISLAMABAD: Minister Planning, Development and Special Initiatives Ahsan Iqbal said that progress on China Pakistan Economic Corridor (CPEC) has been put back at position wherefrom project would become game-changer for regional development.

Addressing ceremony here to mark decade of signing of CPEC, he said that unfortunately project was scandalised by previous regime and was totally ignored. He said, even investors left Pakistan which caused huge damaged to game-changer CPEC project, he said adding that incumbent government made efforts during past one year and got project back to rhythm.

"For last one year, we tried our best to get CPEC back to rhythm and gain investors' confidence," he said. He said that $ 29 billion projects under CPEC have either been completed or are nearing completion adding that next target was to promote industrial cooperation to open up new opportunities for Pakistan.

He said, CPEC was not given proper attention after 2018 and projects that were left by previous region during past four years were accorded priority during past one year by incumbent government.

He said, issues related to water and power at Gwadar Port were resolved during past one year to address grievances of people. He said, as envisaged, by 2030, CPEC would help bring revolution in agriculture, industry, technology sectors, create new opportunities for country's youth and get deserving place for Pakistan in region.

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