CPEC: How much amount is being spent on Gwadar development?

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CPEC: How much amount is being spent on Gwadar development?

*ISLAMABAD - Senate Special Committee on China Pakistan Economic Corridor was informed on Monday that the projects in Gwadar under CPEC amount to US$780.6 million.*

The Committee was also given details of all five components of CPEC which involves the corridor, energy projects, infrastructure development, industrial production and development of Gwadar.

The meeting was convened by Senator Sherry Rehman at the Parliament House and was attended among others by Senators Dr. Sikandar Mandhro, Muhammad Ali Khan Saif, Ghous Muhammad Khan Niazi, Muhammad Ali Shah Jamot, Nuzhat Sadiq, Sardar Muhammad Yaqoob Khan Nasar, Muhammad Usman Khan Kakar, Muhammad Akram, Muhammad Azam Khan Swati, Atta ur Rehman, Samina Saeed, Sitaray Ayaz, Minister for Planning, Development and Reforms Khusro Bakhtiar, Secretary Planning Zafar Hassan, Senior Joint Secretary Tariq Jaffery, Project Director CPEC Ehsan Dawood and other officials from the ministry.

The meeting was told that D .I. Khan-Zhob motorway project was the only project of the Western Route that has Chinese component in it and all other development on Western Route will be done through Public Sector Development Programme (PSDP) funding, the Committee was told.