Federal government plans for establishing 'CPEC Authority' lands in trouble
ISLAMABAD: Federal government plans for establishing 'CPEC Authority' lands in trouble as the Parliamentary Committee on China Pakistan Economic Corridor (CPEC) has unanimously rejected the forming of CPEC Authority.
It squashed plans of the government to bring the whole project under one umbrella.
The Parliamentary Panel on CPEC met at the Parliament House and expressed concerns that the CPEC Authority’s chairman with power of Principal Accounting Officer would have direct conflict with Secretary Planning.
“The Planning Commission high-ups could not convince the parliamentarians why this CPEC Authority is necessary to run the CPEC related projects,” said one member of the committee, according to a report in a newspaper. He said that the Planning Commission argued that the CPEC would now move towards business-to-business contacts with Chinese side so they were asked to strengthen the ministries concerned.