Times of Islamabad

CPEC projects to be expedited in KP

CPEC projects to be expedited in KP

PESHAWAR – Minister for Finance Taimur Saleem Jhagra said on Tuesday thatthe mega project China-Pakistan Economic Corridor (CPEC) would usher insocio economic development of both countries. He was talking in a meetingwith Chinese Ambassador to Pakistan H.E Yao Jing the other day says a handout.

He said the CPEC was the landmark project of economic cooperation betweenthe two countries and an important part of the joint construction of thebelt and road initiative holds immense importance for the economy of KhyberPakhtunkhwa.

KP government will take all necessary steps to benefit massively from theopportunities that will be created in near future as a result of the saidproject.

Minister Finance held threadbare discussion on matters of mutual interestand highlighted the geo political and economic importance of KhyberPakhtunkhwa. Investment opportunities in KP and steps needed to improve therelation were also discussed in the meeting.

They also exchanged views on strengthening pragmatic cooperation betweenthe Chinese side and KP, including KP projects under the framework ofChina-Pakistan Economic Corridor.

It was mutually agreed that Rashakai Special Economic Zone will bedeveloped on emergency basis and all the required facilities will beprovided which will increase the employment opportunities for the youth ofKP.

Chinese Ambassador Yao Jing appreciated the steps taken by KP governmentfor expediting developmental process in the province, strengthening theinstitutions and ensuring welfare of the masses.

The Provincial Minister believed that CPEC will bring prosperity in KP andthe present government will extend full support and assistance tofacilitate CPEC projects in the province.