Times of Islamabad

Chinese Ambassador rejects media reports linked with CPEC mega project

Chinese Ambassador rejects media reports linked with CPEC mega project

ISLAMABAD – Chinese Ambassador rejects media reports linked with CPEC megaprojects delay and dissatisfaction of China as reported by local andforeign media.

Chinese Ambassador Yao Jing rejected the reports that CPEC is either beingshelved or delayed and China is not happy.

He said while talking to Federal Minister for Planning, Development andReform Khusro Bakhtiar in Islamabad Friday.

While expressing satisfaction over the progress of CPEC projects theChinese envoy hoped that bilateral partnership between the two friendlycountries will further strengthen in the future.

Planning minister on the occasion has said that the ongoing phase of CPECwill bring about socio-economic benefits for the welfare of the people.

“The bilateral framework agreement has now entered into the second phasewith a focus on poverty alleviation, agriculture and industrialcooperation,” he said, adding that the pace of CPEC projects wasaccelerated after the incumbent government came into power.

Minister noted that CPEC offers enormous potential to boost the nationaleconomy and reduce poverty. The Minister discussed future projects which

would be included under CPEC including petroleum and petrochemical plant,dams, refinery and gas pipeline.

During the meeting, various matters related to CPEC projects and holding ofthe next Joint Cooperation Committee (JCC) which would be held in Islamabadin November came under discussion.