Federal government responds over media reports of cancellation of CPEC Authority

Federal government responds over media reports of cancellation of CPEC Authority
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ISLAMABAD - Federal government has responded over media reports of cancellation of CPEC Authority by the CPEC Parliamentary Committee Chairman Sher Ali Arbab.

Chairman has upheld the decision of formation of China Pakistan Economic Corridor (CPEC) Authority, saying there is complete unanimity among the respective lawmakers that CPEC authority is to be established.

Rejecting reports of CPEC Authority of being opposed, Arbab said the committee took stock of various feasibilities and options to keep the authority autonomous as parliamentarians believed CPEC Authority should have autonomous status to run its affairs without getting embroiled into any bureaucratic glitches.

Speaking to a private Tv channel Arbab said, “CPEC authority was not rejected. A couple of members had reservations on how it will function as an autonomous body.”

He added, nobody rejected the notion and that it was an in-camera parliamentary committee meeting in which people had different views which were encouraged.

The sixth meeting of the CPEC parliamentary committee which was held at the Parliament House on September 5, discussed to evaluate the feasibility of different proposals and projects connected to CPEC being a well-thought scheme to take the country out of a crisis by developing SEZs to work as engine 0f economic growth.

Economy