41 new projects in pipeline under CPEC

41 new projects in pipeline under CPEC

Pakistan and China have so far completed 19 projects under the umbrella of China Pakistan Economic Corridor (CPEC), while 28 are under-construction and 41 more in the pipeline.

“Both Pakistan and China remain committed to implementation of CPEC for quality economic growth and enhanced regional connectivity,” the Foreign Office Spokesperson said at a weekly media briefing here at the Ministry of Foreign Affairs.

Spokesperson Zahid Hafeez Chaudhri said the tremendous progress made in the CPEC projects signaled the “shared commitment of Pakistan and China.”

He mentioned that last month, the Rashakai Special Economic Zone under the transformational China-Pakistan Economic Corridor (CPEC) was inaugurated by Prime Minister Imran Khan.

Over the past seven years, he said, CPEC projects had created more than 26,000 jobs and boosted local power industry.

In addition, the CPEC motorway projects have created over 50,000 jobs, he added.

The Spokesperson said as the year 2021 marked the 70th anniversary of establishment of diplomatic ties between Pakistan and China, celebrations continued with a number of events organized in Islamabad and Beijing.

On the two-day official visit of Tajikistan’s President Emomali Rahmon, the Spokesperson said the two sides exchanged views on deepening bilateral cooperation in diverse areas including political, economic, trade, investment, energy, security, defence, culture, education and regional connectivity.

“The visit of the Tajik President is in line with Pakistan’s vision of enhancing strategic partnership with the Central Asian States, for regional connectivity and integration,” he said.

“We believe the visit by President Rahmon, his 8th since 1994, will help further strengthen brotherly ties between Pakistan and Tajikistan,” he said.

A number of Agreements and MoUs in the areas of Education, Trade & Commerce, Anti-Corruption, Prevention of Emergency Situation, Art & Culture and Connectivity were also signed during the visit.