BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.79 Increased By ▲ 0.04 (0.52%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.26 Decreased By ▼ -1.40 (-2.39%)
BOP 34.10 Increased By ▲ 0.41 (1.22%)
CNERGY 9.92 Decreased By ▼ -0.69 (-6.5%)
CSIL 5.35 Increased By ▲ 0.05 (0.94%)
FCCL 54.61 Increased By ▲ 0.87 (1.62%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.75 Increased By ▲ 0.11 (1.95%)
LOTCHEM 29.35 Decreased By ▼ -0.30 (-1.01%)
MLCF 94.35 Decreased By ▼ -2.01 (-2.09%)
NBP 202.70 Decreased By ▼ -0.83 (-0.41%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.78 Increased By ▲ 0.47 (0.7%)
OGDC 316.40 Decreased By ▼ -1.82 (-0.57%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.15 Increased By ▲ 1.38 (3.3%)
PIBTL 16.72 Decreased By ▼ -0.09 (-0.54%)
PPL 220.50 Increased By ▲ 0.33 (0.15%)
PRL 49.05 No Change ▼ 0.00 (0%)
PTC 70.98 Increased By ▲ 0.97 (1.39%)
SSGC 28.17 Decreased By ▼ -0.97 (-3.33%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.80 Decreased By ▼ -0.02 (-0.23%)
TPL 18.14 Increased By ▲ 0.97 (5.65%)
TPLP 13.40 Increased By ▲ 0.89 (7.11%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.30 Increased By ▲ 0.08 (0.13%)
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.