ISLAMABAD: Prime Minister Imran Khan has emphasised that China-Pakistan Economic Corridor (CPEC) should usher in Import Substitution Industrialisation (ISI) and export-oriented industrialisation, adding that the country’s policies should be framed accordingly.
The prime minister chaired a high-level meeting to review the progress on CPEC, the flagship project of Belt and Road Initiative, an official of the PM's Office said on Friday.
Prime Minister Imran Khan expressed his satisfaction on the pace of ongoing projects, and reiterated the resolve to complete the CPEC at all cost.
The prime minister said the CPEC was a testimony of time tested and deep-rooted Pak-China friendship and will continue to take pre-eminence in government development strategy.
He also directed to prepare youth to take up new jobs being created by incoming industry and high quality agri farms.
The prime minister was briefed about the progress of ongoing projects, in various sectors, under the umbrella of CPEC.
The meeting was informed that current government not only completed the on going projects started by the previous government, but was able to complete large number of significant projects in just two and a half years.
Regarding the infrastructure development projects, the meeting was informed that regardless of who started, most of the projects have been completed by the current government, Special Economic Zones including Rashakai, Dhabeji, Allama Iqbal Industrial City and Gawadar Industrial Zones are attracting foreign and local Investors.
It was also told that Chinese are expanding cooperation in the agriculture sector and livestock.
The meeting was attended by Foreign Minister Shah Mehmood Qureshi, Minister for Energy Hammad Azhar, Finance Minister Shaukat Tarin, Minister for Industries Makhdoom Khusro Bakhtiyar, Minister for Planning Asad Umar, Adviser to Prime Minister Abdul Razzak Dawood, National Security Advisor Dr Moeed Yousuf, Chief of the Army Staff General Qamar Javed Bajwa, Chairman Board of Investment Atif Bukhari, Chairman CPEC Authority Lt-Gen Asim Saleem Bajwa (retd), and other high-ranking officials.
Copyright Business Recorder, 2021
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