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China-Pakistan Economic Corridor (CPEC) Authority

ghazi52

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Rashakai SEZ pact to be signed by end August:

APP
08 Aug 2020



Second phase of CPEC was all about taking its dividends to the public, says CPEC Authority chairman. — AFP/File
ISLAMABAD: CPEC Authority Chairman Lt Gen (retd) Asim Saleem Bajwa said on Friday that the agreement on establishing Rashakai Special Economic Zone would be signed in the third week of August.

According to him, the second phase of China Pakistan Economic Corridor (CPEC) was all about taking its dividends to the public. He said socioeconomic development in Gwadar and other parts of Balochistan had been initiated with focus on ensuring participation of local people in all the development projects.

Bajwa, who is also Special Assistant to Prime Minister on Information and Broadcasting, was chairing a special dialogue titled ‘Gwadar Por, Free Economic Zones’ Role in the Prosperity of Balochistan and Regional Connectivity’, organised by the Sustainable Development Policy Institute (SDPI) here.

He said that Gwadar port as well as the airport had become fully functional now and Afghan Transit Trade has diverting towards the city, adding the National Development Council during its recent meeting had decided to pay special focus on the development of Balochistan.

The Gwadar District Economic Zone is being developed in addition to the Gwadar City. Besides, vocational training is being provided to enable local population to participate and fully benefit from the projects.

China Ambassador to Pakistan, Yao Jing, while sharing his views commented that Gwadar had huge potential for the development and regional connectivity. He said that the government here and all concerned authorities including CPEC’s played vital role in moving the project forward.

Therefore, several economic initiatives have already been taken by the Chinese government as well as private companies with the help of local partners.

He added that Gwadar was not just a port but a comprehensive business project and thanks to tax incentives announced by the Government of Pakistan, the area now offers a lot of potential for the trade and investment.

The envoy said that Chinese government was committed to provide all the resources that might be required for the future development needs of Gwadar.

Jing affirmed that China wanted to expand its cooperation for the development of whole Balochistan including agricultural, such as testing cotton seed in the province.

Published in Dawn, August 8th, 2020
 

ghazi52

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Briefed Cabinet Committee on #CPEC chaired by Planning Min, attended by 10 fed ministers& Secys.The forum showed full satisfaction on pace of progress &reaffirmed their full commitment towards supporting CPEC


 

ghazi52

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Chairman CPEC Authority is determined to add more projects in Balochistan under CPEC.

Chairman CPEC Authority Lieutenant General (R) Asim Saleem Bajwa has met the Chief Executive of Balochistan Board of Investment, Farman Zarkoon, discussed various aspects related to social and economic development of Balochistan. Mahi in Balochistan in this meeting. The proposal to establish a special economic zone for Gary was considered. During this meeting, the Chairman expressed his commitment to add more projects to Balochistan under CPEC.
 

danger007

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CPEC Authority Chairman and Special Assistant to Prime Minister on Information Lt-Gen (retd) Asim Saleem Bajwa has said that the China-Pakistan Economic Corridor (CPEC) is a non-political international project and work for its completion is in progress on a fast pace.

“There is no political hindrance in its way. The project is Pakistan’s future as well as a tangible reality and no compromise will be made on it,” the chairman said while talking to a delegation of senior journalists on Wednesday.

Bajwa said Pakistan takes decisions in its interest and there should be no doubt that the CPEC project “is in the best interest of the country”, adding that “no external pressure will be accepted”.

He said that the working plan of both the routes from Khunjrab to Gwadar has been completed and the remaining link routes will be added into the plan in the next few months.

“The second phase of this multibillion-dollar project is crucial for the development of the country and construction work will soon be started.”

Describing the projects in the second phase of CPEC, Bajwa said, “Special emphasis is on agriculture, industries, trade, and science and technology sectors.”

He said that the highest priority was to make functional the economic zones in the four provinces, adding that Gwadar’s development projects were included in the second phase of the CPEC.

He also said that Pak-China Cooperation Committee would soon conduct a conference.

On the locusts’ attack, which is damaging the crops on a large scale in the country, Bajwa said that China would establish a pest control centre in Pakistan.

“The quality of seeds is being improved to strengthen the crops against infestation,” Bajwa added.

On the scholarship programme, he said that the headway had been made in the programme. “Twenty thousand Pakistani students will go on scholarships to China.”
Source: Express Tribune


Does Cpec chairman have any economic background ?. But why military background.. why not an economist...
 

ghazi52

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Great meeting with Chinese Ambassador HE Yao Jing, he specially thanked Pakistan for expeditious work on Rashakai SEZ Development Agreement.
Our focus remained on framework to bring private sector in Agriculture& industrialisation.
#CPEC


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