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Home Economy

CPEC projects gave new shade to Pakistan’s economy says Info Minister

by News Publishing
September 30, 2023
in Economy
Reading Time: 1 min read
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CPEC projects gave new shade to Pakistan’s economy says Info Minister
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Pakistani Minister for Information and Broadcasting Murtaza Solangi has said projects initiated with Chinese investment under the China-Pakistan Economic Corridor (CPEC) in various areas, including basic infrastructure and energy, have given a new shade to Pakistan’s economy.

Speaking with China Radio International, he said CPEC is now entering a new phase, entailing projects like ML-1 railway line.

He said several infrastructure and mass transit projects like Orange Line Train have already been completed under CPEC.

The Minister expressed the optimism that the new phase of CPEC will have particular focus on Special Economic Zones. He said projects worth over 26 billion dollars have been launched, while new ones are ready to takeoff.

Murtaza Solangi hoped that a new era of cooperation between the two countries is likely to begin in October this year during Pakistani leadership’s visit to China.

He said in the changing world order when new blocs are being forged; the Pakistan-China friendship is getting stronger than ever. He said the Pakistan-China friendship will continue to rise in future.

News Publishing

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