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Home Business

CPEC Phase II to be completed within stipulated time

by Web Desk
November 24, 2021
in Business, Economy
Reading Time: 3 mins read
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CPEC phase II
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CPEC Phase II to be completed along with all the steps related to it within the stipulated time, as it is directed by Prime Minister Imran Khan.

The Prime Minister issued these directives while chairing a review meeting of the PM’s Priority Sectors held under his chairmanship in Islamabad.

The Prime Minister said the government is taking steps on priority basis to increase economic activity in the country.  

“The government is focused on increasing investments in the export industry for creating employment opportunities”, remarked the Prime Minister.

Prime Minister Imran Khan said all government institutions are working together to provide a conducive environment for investors. He said the government is taking steps to speed up work on Phase II of CPEC. .

The meeting was given a detailed briefing on the progress of Phase II of the China-Pakistan Economic Corridor. The meeting was informed that work on gas and electricity supply in Rashakai, Dhabeji, Allama Iqbal and Bostan Special Economic Zones (SEZs) is in full swing.   

The meeting was further informed that Electricity and gas are mainly available for the construction of industries, while the rest of the required electricity and gas will be supplied with further development of industries.

The meeting was informed that the Plug and Play Model has been proposed by the CPEC Authority, which is being worked on.

“Under the model, all the requirements of the investors will be met through one window operation to ensure speedy construction of industries in these areas”.

The meeting was informed that at the same time, the Board of Investment is working on a portal to provide investors with information related to construction of industries, approvals from various institutions and other ancillary information, which will be launched soon.

The meeting was also informed that a comprehensive system has been launched to review the progress of projects under CPEC and to expedite the development work.  

In addition, steps are being taken to increase investment in SEZs by identifying export industries.

In the agriculture sector, not only work on corporate farming is in full swing, but also agreements are being made to increase the exports of the sector.

 The meeting was attended by Federal Ministers Asad Umar, Hamad Azhar, Advisors Shaukat Fayyaz Tareen, Moeed Yousuf, Special Assistant Dr Shahbaz Gill, Chairman CPEC Khalid Mansoor, Chairman Board of Investment Azfar Ahsan and relevant senior officers.

while chairing another meeting on pollution-related issues in the country and  sustainable environment protection plan, Prime Minister Imran Khan said  the need of the hour to fight pollution, especially in major cities.

He directed the departments concerned to devise a strategy in coordination with the provincial governments to save our major cities from pollution, by taking all necessary steps, at the earliest.

“In line with our manifesto, clean and pollution-free Pakistan is our top priority, and long term measures should be taken to deal with the climate change related issues “, he added.

The Prime Minister said,”We are focused on maximising the green cover of our cities through massive plantations.”

The meeting was attended by Information Minister Ch Fawad Hussain, SAPM on Climate Charge Malik Amin Aslam, SAPM on Political Communication Dr Shehbaz Gill and senior officers concerned.

Tags: CPEC Phase IIPrime Minister Imran Khan
Web Desk

Web Desk

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