AGL 24.24 Increased By ▲ 0.77 (3.28%)
AIRLINK 107.70 Increased By ▲ 1.59 (1.5%)
BOP 5.12 Decreased By ▼ -0.05 (-0.97%)
CNERGY 3.63 Decreased By ▼ -0.03 (-0.82%)
DCL 7.32 Decreased By ▼ -0.48 (-6.15%)
DFML 42.10 Decreased By ▼ -2.09 (-4.73%)
DGKC 88.80 Increased By ▲ 0.30 (0.34%)
FCCL 21.75 No Change ▼ 0.00 (0%)
FFBL 41.85 Decreased By ▼ -0.67 (-1.58%)
FFL 8.61 Decreased By ▼ -0.14 (-1.6%)
HUBC 148.75 Increased By ▲ 0.95 (0.64%)
HUMNL 10.14 Decreased By ▼ -0.11 (-1.07%)
KEL 4.28 Decreased By ▼ -0.06 (-1.38%)
KOSM 3.59 Decreased By ▼ -0.20 (-5.28%)
MLCF 36.20 Decreased By ▼ -0.20 (-0.55%)
NBP 47.75 Decreased By ▼ -1.55 (-3.14%)
OGDC 129.10 Decreased By ▼ -1.75 (-1.34%)
PAEL 25.75 Decreased By ▼ -0.20 (-0.77%)
PIBTL 6.00 Decreased By ▼ -0.05 (-0.83%)
PPL 113.65 Decreased By ▼ -0.90 (-0.79%)
PRL 22.30 Decreased By ▼ -0.30 (-1.33%)
PTC 12.10 Decreased By ▼ -0.27 (-2.18%)
SEARL 54.98 Decreased By ▼ -0.72 (-1.29%)
TELE 7.11 Decreased By ▼ -0.14 (-1.93%)
TOMCL 37.11 Increased By ▲ 0.71 (1.95%)
TPLP 7.76 Decreased By ▼ -0.19 (-2.39%)
TREET 15.00 Decreased By ▼ -0.29 (-1.9%)
TRG 55.54 Decreased By ▼ -1.16 (-2.05%)
UNITY 31.20 Decreased By ▼ -0.65 (-2.04%)
WTL 1.15 Decreased By ▼ -0.02 (-1.71%)
BR100 8,248 Decreased By -46.7 (-0.56%)
BR30 25,878 Decreased By -223.8 (-0.86%)
KSE100 78,030 Decreased By -439.8 (-0.56%)
KSE30 25,084 Decreased By -114.2 (-0.45%)

It is heartening to note that Pakistan and China have agreed to expedite the second phase of the China Pakistan Economic Corridor (CPEC), while deciding to establish a working group on five new economic corridors, including ‘Corridor of Job Creation, Corridor of Innovation, Corridor of Green Energy, and Inclusive Regional Development’.

The CPEC, which is no less than a national cause for every Pakistani, so to speak, cannot be allowed to suffer from any delay whatsoever. That the country’s economic development is strongly linked to this mega infrastructural project is a fact that cannot be over-emphasized.

Prime minister Shehbaz Sharif, who had deservedly earned the epithet of “Shehbaz Speed” due to his energetic approach and prolific output as chief minister of Punjab, the country’s most important province in terms of the national economy in particular, needs to pull his socks up with a view to injecting the required speed into the CPEC for the greater good of the country.

It is quite unfortunate that his approach to the CPEC during his last tenure as chief minister of Punjab was not impressive, to say the least. Be that as it may, the slowdown this project suffered in the past owing to whatever reasons must not characterize the execution of this project anymore.

The planning minister, Ahsan Iqbal, too, needs to work harder in order to ensure the timely execution of this project. The coalition government led by Pakistan Muslim League-Nawaz (PML-N) needs to walk the talk. Let me state through these newspaper columns that insofar as the country’s economic development is concerned, CPEC is our first option; it’s our last option as well.

Mehdi Hasan (Karachi)

Copyright Business Recorder, 2024

Comments

Comments are closed.