Prime Minister Imran Khan has said that projects being carried out under China-Pakistan Economic Corridor (CPEC) are vital for the development of the country and will provide huge opportunities of employment, communication and economic prosperity.
Prime Minister Imran Khan chaired a briefing on status review of CPEC Energy Projects at Islamabad on Tuesday.
The briefing was attended by Minister for Planning, Development and Special Initiatives Asad Umar, Minister for Power Omar Ayub Khan, SAPM for Petroleum Nadeem Babar, Chairman, CPEC Authority Lt. Gen (retd) Asim Saleem Bajwa, Secretaries of Power, Petroleum & Planning Divisions, Chairperson FBR, Chief Secretary AJ&K and senior officials. Chief Secretary Punjab was also available through video link.
CPEC Authority Chairman Lt Gen (retd) Asim Saleem Bajwa briefed the meeting in detail about progress on CPEC projects. The CPEC Authority chairman apprised that there are a total of 22 projects in the CPEC’s energy portfolio, among which 9 have already been commissioned.
A detailed briefing was provided on Energy sector projects including Kohala Hydropower Project, Azad Patan Hydropower Project, Gwadar Power project, Power projects in Thar and Karot Hydropower Project.
The prime minister stated that CPEC projects are vital for the development of Pakistan and these projects will provide huge opportunities in terms of employment, communication and economic prosperity. The prime minister highlighted that Pakistan enjoys extreme good-will with China that has been proven time and again during emergent situations.
Prime Minister Imran Khan stated that fast-pace implementation is in the interest of the country. He emphasised that timely decisions are required so that cost-escalation on these projects are avoided.