CPEC put into im­ple­men­ta­tion in record time

Pakistan Observer - - ECONOMY WAYCH -

MIAN ARSHAD IS­LAM­ABAD—Fed­eral Min­is­ter for Plan­ning, De­vel­op­ment and Re­form Ah­san Iqbal, Thurs­day, said CPEC was a na­tional agenda and has been put into im­ple­men­ta­tion in record time due to to­tal com­mit­ment of both Pak­istani and Chi­nese lead­er­ship. He ex­pressed sat­is­fac­tion over progress of CPEC projects and di­rected for fi­nal­iza­tion of Long Term Plan (LTP) of China-Pak­istan Eco­nomic Cor­ri­dor (CPEC) at the ear­li­est in con­sul­ta­tion with the prov­inces. Fed­eral min­istries and prov­inces should come up with their next agenda of projects for the long-term plan of CPEC in next fif­teen days.

While chair­ing high level fort­nightly re­view meet­ing of China-Pak­istan Eco­nomic Cor­ri­dor (CPEC) here also di­rected min­istries to sub­mit the an­tic­i­pated fu­ture dis­burse­ment plan of CPEC projects in­cluded in PSDP of next fi­nan­cial year to en­sure smooth re­leases for projects. While re­view­ing the en­ergy project in CPEC, Ah­san Iqbal asked Min­istry of Wa­ter and Power to present an in­te­grated plan for gen­er­a­tion, trans­mis­sion and dis­tri­bu­tion for next three year within one week to en­sure that new power will be dis­trib­uted to con­sumers in a planned man­ner.

He said fast track work on these projects is nec­es­sary to tackle the en­ergy cri­sis and power needs of in­dus­trial zones in fu­ture un­der CPEC. He said that with the com­ple­tion of the en­ergy projects in early har­vest projects, 10,000 MGW would be added in na­tional grid by 2018. Meet­ing was ap­praised that work on Bin Qasim Power Plant, Thar Power Plant and Sahi­wal Power Plant is on track and these would be com­pleted as per the sched­ule.

While re­view­ing the Gwadar com­po­nent of CPEC, Ah­san Iqbal di­rected the con­cerned author­i­ties to con­sider ur­ban plan­ning re­quire­ments while de­vis­ing Mas­ter Plan for Gwadar and also called for en­forc­ing the land zon­ing laws to check the mush­room growth of hous­ing so­ci­eties in the port city.

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