What's new

Separate directorate general for CPEC needed,

ghazi52

PDF THINK TANK: ANALYST
Mar 21, 2007
50,870
54
76,799
Country
Pakistan
Location
United States
Separate directorate general for CPEC needed, PAC told

Auditor General of Pakistan officials on Friday informed the Punjab Accounts Committee (PAC) that they want to establish a separate directorate general for China Pakistan Economic Corridor (CPEC).

The officials asked for the formation of separate directorate general for CPEC in sub-committee of PAC. The parliamentary accountability body was chaired by Shahida Akhtar Ali.

The officials said that Auditor General of Pakistan wanted the formation of a separate directorate for China Pakistan Economic Corridor (CPEC). They said the audit department can even serve better, if the authorities concerned properly work for improvement.
 

ghazi52

PDF THINK TANK: ANALYST
Mar 21, 2007
50,870
54
76,799
Country
Pakistan
Location
United States
CPEC Business Council kicks off first meeting

: The scope of the China-Pakistan Economic Corridor (CPEC) has been expanded with focus on industrial and agricultural cooperation, socio-economic development, trade and market access, said Minister for Planning, Development and Reform Makhdoom Khusro Bakhtiar.

Co-chairing the first meeting of the CPEC Business Council on Friday, he detailed that the purpose behind the establishment of the forum was to create an interface between the government and business community besides uplifting industrial cooperation between Pakistan and China.

He elaborated that through industrial cooperation, the two nations planned to address trade imbalance, broaden market access for agricultural products and encourage business to business collaboration.
 

ghazi52

PDF THINK TANK: ANALYST
Mar 21, 2007
50,870
54
76,799
Country
Pakistan
Location
United States
CPEC Secretariat



The secretariat will be responsible for overall coordination and implementation of CPEC work, according to the presentation that the acting project director gave to the CDWP.

ISLAMABAD: In a major development, the government has taken the first step towards establishing the China-Pakistan Economic Corridor (CPEC) Authority and approved the merger of existing support infrastructure into a new secretariat.

Project director of the new CPEC Secretariat is likely to be somebody with military background, said a top official of the Ministry of Planning and Development on Friday.

Headed by Minister for Planning and Development Makhdoom Khusro Bakhtiar, the Central Development Working Party (CDWP) approved the merger of two ongoing projects to set up the CPEC Secretariat and an authority. The government merged the CPEC Support Project and the CPEC Centre of Excellence.

Against the existing mechanism where a deputy project director had been heading the CPEC Support Project for the last three years, now the minister for planning and development will head the CPEC Secretariat. The number two in command will be the planning secretary.

The project director, who will be responsible for all operational and policy matters of CPEC, will be hired in the Management Pay Scale-I, which is also equivalent to grade-22.

The project director will head two wings – the coordination and monitoring wing and the research wing – and will enjoy vast powers, according to the concept paper of the new CPEC Secretariat and the authority.

In order to keep the matter secret, the Ministry of Planning and Development did not prepare a new working paper for approval of the revised PC-I by the CDWP. The deputy project director only gave a presentation to the CDWP. The planning ministry also did not mention the CPEC Secretariat in its official statement.

Planning Secretary Zafar Hasan and Planning Minister Bakhtiar did not comment on the need for CPEC Authority.

The secretariat will be responsible for overall coordination and implementation of CPEC work, according to the presentation that the acting project director gave to the CDWP.

The secretariat will coordinate activities for conducting meetings of Joint Working Groups (JWGs) and Joint Cooperation Committee (JCC) and implementation of the decisions taken by these two forums.

JWGs have representation from both China and Pakistan and these groups thrash out technical details of projects for approval by the JCC. JCC is the highest joint decision-making body of CPEC.

The secretariat will also be responsible for coordination with local and international institutions and think tanks for preparing policies and conducting research. It will provide a mechanism for multi-sector coordination and ensure consultative process for trade support and policy formulation, according to terms of references of the new secretariat.

In 2014, Pakistan and China had announced that they would deepen their economic and strategic cooperation through CPEC, which is the pilot project of the trillion-dollar Belt and Road Initiative of the Chinese president. Initially, both the countries had announced $46 billion worth of agreements in infrastructure and energy sectors. The volume subsequently increased to $60 billion.

However, a couple of years ago, CPEC started hitting roadblocks and it is now estimated that the actual Chinese investment in the energy and infrastructure projects will not cross $24 billion, according to documents of the Ministry of Planning and Development.

The presentation of the new CPEC Secretariat showed that CPEC’s scope has been enhanced to trade and market access. The subjects of industrial development and global value chains have also been brought under the scope of CPEC.

.............................

“Project director of the new CPEC Secretariat is likely to be somebody with military background, said a top official of the Ministry of Planning and Development on Friday.”
 

ghazi52

PDF THINK TANK: ANALYST
Mar 21, 2007
50,870
54
76,799
Country
Pakistan
Location
United States
470 Cops of special protection unit (SPU) for the China-Pakistan Economic Corridor completed their 6 month training in Police College Sihala. While training, officials learned skills in Krav Maga, modern weaponry, First Aid. Army played a key role in the training.

 

ghazi52

PDF THINK TANK: ANALYST
Mar 21, 2007
50,870
54
76,799
Country
Pakistan
Location
United States
Pak-China council to be formed to promote private sector:

Pakistan extended a facility of duty free access on export of 313 tariff lines to China China will extend $1 billion grant to Pakistan for socioeconomic uplift




Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar Friday said the incumbent government wanted to increase business opportunities under China Pakistan Economic Corridor (CPEC) framework and in this connection constitution of Pak-China business council was under consideration to promote private sector in CPEC.

The minister was addressing the CPEC Forum-2019 organized by Zalmi Foundation in collaboration with Embassy of China here.

He said relations between Pakistan and China span over more than seven decades and the CPEC was an important outcome of the bilateral relations
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top