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China is committed to supporting early completion of Economic Corridor Projects

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China is committed to supporting early completion of Economic Corridor Projects

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“Pakistan and China cooperation has entered into a new era of strategic economic cooperation. Pakistan and China enjoy closest relations and these relations are the basis of ongoing strong economic cooperation”, said Professor Ahsan Iqbal, Federal Minister for Planning, Development and Reform, while meeting with Chinese Ambassador Mr. Liu Jian. Chinese Ambassador informed Prof. Ahsan Iqbal, Federal Minister for Planning, development and Reform that during current month different delegations including senior officials, experts and researchers are visiting Pakistan to conclude the feasibilities on Early Harvest Projects. Federal Minister said, “We have prioritized the priority projects of Every Harvest Program and we are establishing Program Management Units in major ministries to speed up the working on Economic Corridor Projects. Economic Corridor Coordination Committee meeting is held on weekly basis to monitor programs.”

Chinese Ambassador told the Minister that a senior level delegation headed by Deputy Director General will visit Pakistan 14 to 17 April to complete its work on 16 projects from Early Harvest Program. These projects will be very helpful in resolving the current energy crisis that Pakistan is facing in next couple of years.

Another delegation of about 20 persons headed by Deputy Director General, Transport will visit Pakistan from 14 to 16 April this month to study the rout from Gwadar to Gilgit to Hunjrab, whole Economic Corridor to see all the possibilities of development activities along this rout. The delegation will also do a feasibility study of M-8, Multan to Sukhar Motorway link as an initial phase of Lahore to Karachi Motorway. Another senior level delegation from China headed by Vice Chairman, National Development Bank, China will also visit Pakistan during current month to develop a mechanism for financing of Early Harvest Projects.

Chinese Ambassador said to Federal Minister, “China wishes and supports Pakistan in every possible way. We are on the same boat having same goals to catch the momentum of economic growth and development in the region”
 
Already there is Kashgar-Abbottabad Link, Abbottabad-Islamabad Link and Islamabad-Lahore Link. They should now consider building Lahore-Sialkot Motorway. Sialkot is a huge Industrial City it will help the economy a lot
 
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