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Incumbent govt committed to ensuring success of CPEC: Ahsan Iqbal

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ISLAMABAD: Professor Ahsan Iqbal, Minister for Planning, Development, and Special Initiatives, reaffirmed the current administration’s unwavering dedication to the growth of the China-Pakistan Economic Corridor (CPEC) and making sure that it is successfully implemented on Friday.

The minister addressed a gathering to review the status of CPEC-related projects, saying, “We are taking all necessary steps to address pressing issues and enhance the country’s exports, and we are grateful to China for its continued support in this regard.” The meeting also covered developments regarding Special Economic Zones (SEZs), ML-1, the Karachi Circular Railway, and various new development initiatives that would be covered in subsequent Joint Working Group meetings, according to a news release.

During the meeting, the Planning minister emphasised the importance of strengthening the country’s export sector, directing the quarters concerned to follow up on the PM’s proposal with regard to seeking Chinese professionals’ help in the development of Pakistan’s export sector.

Ahsan Iqbal said the top priority of the Government’s 5Es agenda was to enhance exports, and Pakistan could benefit from China’s expertise in that regard.

He instructed making SEZs a medium to enhance exports, adding the zones could foster collaboration and innovation, which could lead to the development of new products and services that were better suited to the demands of international markets.

The meeting also discussed proposals for upcoming sittings of JWGs including the Advanced Metering Infrastructure (AMI), Solar projects and Identification study of pumped storage hydropower projects.

The meeting concluded with a strong emphasis on the need for close collaboration between Pakistan and China to ensure the successful implementation of CPEC and to achieve the common goal of regional prosperity.

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