BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)
By

ISLAMABAD: Chairman CPEC Authority, Gen Asim Saleem Bajwa (retd) has said that Pakistan attaches great importance to the China-Pakistan Economic Corridor (CPEC), a national project, and is ready to pay any price for its success.

He stated this while talking to a delegation of senior officials and researchers of the Institute of Policy Studies (IPS) at the CPEC Authority’s Secretariat.

The IPS delegation comprised its Executive President Khalid Rahman, GM Operations Naufil Shahrukh, senior associates Amanullah Khan, Mirza Hamid Hasan, Dr Maliha Zeba Khan, ex-ambassador Tajammul Altaf, Brigadier Said Nazir Mohmand (retd), and members of the Institute’s research and outreach team including Shafaq Sarfraz, Asim Ehsan, Kulsoom Belal, Wali Farooqi, Hafiz Inamullah Khan, Shahid Afzal and Maimoona Mahmood.

Briefing the delegation about the progress on CPEC, Gen Asim Saleem Bajwa (retd) said that work on the eastern, western and central alignments is in full swing, and the second phase of the project is just beginning. He also rubbished the claims that work on phase one has slowed down, claiming nothing was on hold.

He was of the view that underdeveloped areas, especially southern parts of Balochistan were being given importance in CPEC; a dam and desalination plant have been built in Gwadar in a bid to resolve chronic water shortages affecting the inhabitants. An airport with the biggest runway of Pakistan worth $230 million was also being built in Gwadar.

Commenting on phase one of CPEC, the chairman of the authority said the first phase’s success depends on the second phase, which involves business-to-business and people-to-people contacts. He also said synergy among all stakeholders is required to make CPEC a success. In this regard, Pakistan-China Joint Chamber of Commerce & Industry was also being revived, he informed.

Asim Saleem Bajwa stressed the need for projecting CPEC as a regional connectivity initiative to make Pakistan emerge as an economically galvanizing state instead of a security or terror-fighting state on the global spectrum. Afghan transit trade, he added, is also now being facilitated through Gwadar port.

Khalid Rahman opined that China and Pakistan both need each other to implement CPEC as the initiative’s success lies in further strengthening bilateral relations. He also underlined the importance of transparency and effective perception management for the success of CPEC to counter the nefarious designs of Pakistan and China’s adversaries at all levels.

Comments

Comments are closed for this article.