Current location:opinions >>
Minister: CPEC transforms Pakistan's development landscape
opinions3446People have gathered around
IntroductionPakistan's Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that the ...
Pakistan's Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that the China-Pakistan Economic Corridor (CPEC) has played a significant role in transforming the development landscape of the South Asian country.
The minister said while chairing a meeting on CPEC on Friday that the influx of approximately 25 billion U.S. dollars of Chinese investment under the framework of CPEC over the past 10 years has boosted critical sectors of Pakistan, including energy, infrastructure, and telecommunications.
He said that Pakistan and China have successfully completed the first phase of the CPEC project, highlighting the need to make preparations and efforts for the second phase of CPEC to usher in a new era of development with new economic projects.
Commenting on the progress of various infrastructural projects in the country's southwest Gwadar district, Iqbal said that Phase I of the Gwadar Expressway is completed and operational, while work on Phase II will commence soon.
The minister said five new corridors for future collaboration are being implemented under CPEC, with a focal emphasis on economic corridors geared towards job creation, innovation, green energy, and inclusive regional development.
Pragmatic strategies within each corridor would be thoroughly deliberated, aligning them with national development objectives and priorities, he added.
Launched in 2013, CPEC, the flagship project of the China-proposed Belt and Road Initiative, is a corridor linking the Gwadar Port in southwest Pakistan's Balochistan province with Kashgar in northwest China's Xinjiang Uygur Autonomous Region, which highlights energy, transport, and industrial cooperation in the first phase, while in the new phase expands to fields of agriculture and livelihood, among others.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Universal Unfoldings news portal”。http://malta.downmusic.org/news-9e599465.html
Related articles
Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car
opinionsINDIANAPOLIS (AP) — Hall of Fame outfielder Ken Griffey Jr. will drive the pace car for the 108th ru ...
【opinions】
Read moreChina reveals shortlist of 10 names for 1st Mars rover
opinionsA Mars probe is launched on a Long March-5 rocket from the Wenchang Spacecraft Launch Site in southe ...
【opinions】
Read moreChina AI industry to see scale reach over $240 bln
opinionsChina's artificial intelligence industry will make great strides in the next 10 to 15 years, with it ...
【opinions】
Read more
Popular articles
- Strictly star Giovanni Pernice's former partner Rose Ayling
- Demand for China's fast fashion boosts global air freight cargo
- Xi Meets IOC President
- Luxury brands embrace the Year of the Dragon
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Boom in travel to 'ice city' Harbin spurs sales of cranberry products
Latest articles
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
Demand from China drives U.S.' soybean trade
BIRTV 2017 held in Beijing
China calls for better coordination to stabilize shipping in Red Sea
Fresh heartache for cancer
Xi Focus: Xi Calls for Promoting Peace, Solidarity, Inclusiveness Through Sports
LINKS
- Joel Cauchi: New details emerge about Bondi Junction knifeman that killed six
- Feature: Students in Myanmar studying Chinese celebrate Spring Festival
- Roma's match at Udinese called off after defender Evan Ndicka collapses
- McCutchen's 300th homer, Suwinski's grand slam leads Pirates over Phillies 9
- People celebrate upcoming Chinese Lunar New Year across world
- Feature: China's top
- China's demographic dividend is turning into talent dividend
- Arizona State hires former Steelers star Hines Ward as receivers coach
- Joel Cauchi: New details emerge about Bondi Junction knifeman that killed six
- MAIL ON SUNDAY COMMENT: Rayner still has much to answer