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Home Economy

Chinese Envoy: CPEC made ‘great achievement’ despite pandemic

by Web Desk
30/12/2021
in Economy
Reading Time: 2 mins read
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CPEC
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Chinese Ambassador to Pakistan Nong Rong has said that China-Pakistan Economic Corridor (CPEC) project has made great achievement.

He said that project has made great achievement in the outgoing year despite challenges posed by the Covid-19 pandemic. “We are very much pleased to see that Prime Minister Imran Khan attaches great importance to the CPEC and people of both the states would continue contributing towards consolidating this huge project which is a guarantee to economic stability in the regions,” said the ambassador while addressing the awards ceremony of the 27 outstanding Pakistani staff of the CPEC projects organized by the Chinese Embassy here yesterday. The embassy awarded the Pakistani staff for meritorious contributions towards the CPEC as Pakistan and China vowed to complete the CPEC projects on time. Minister for Planning, Development and Special Initiatives Asad Umar, Special Assistant to Prime Minister on CPEC Affairs Khalid Mansoor, Director General of Department of International Affairs of NDRC of China Ying Xiong and Chairman of All Pakistan Chinese Enterprises Association Yang Jianduo attended the ceremony. A number of officials, Pakistan staff of CPEC projects and journalists attended the ceremony virtually.

The Chinese ambassador that Prime Minister Imran Khan wants timely completion of CPEC projects as he chaired a series of meetings on CPEC, including the one for industry development, and held two seminars with Chinese entrepreneurs. “Pakistan government established the China-Pakistan Relations Steering Committee to coordinate and resolved CPEC issues; introduced the special visa policy for CPEC to facilitate investment; set up a Foreign National Security Cell to strengthen security measures. These practical measures have injected more confidence in the development of the CPEC,” the Ambassador acknowledged.

He maintained that with joint efforts, the Rashakai Special Economic Zone has been launched, the north part of the Gwadar Free Zone is under construction, the Matiari-Lahore HVDC Transmission Line has brought Pakistan into a new era of AC-DC hybrid power grid, the Karot Hydropower Project started water storage, the Gwadar Technical and Vocational Institute was completed.

“These developments brought by the CPEC, from the perspective of individuals, will create more jobs, increase their incomes and improve their skills; from the perspective of the country, will boost Pakistan’s economic and social development, promote industrialization and urbanization, and enhance the connection of the nation and the region as a whole,” he added.

The ambassador stressed that the achievements of the CPEC are not possible without joint efforts of staff from both China and Pakistan.

Tags: ChineseCPECgreat achievementlatestPakistan

Web Desk

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