China, Pakistan identify five new corridors under CPEC at 13th JCC
Beijing: July 11, 2023: Federal Minister for Planning, Development and Special Initiatives, Prof. Ahsan Iqbal co-chaired the 12th (Special) Joint Cooperation Committee (JCC) of China Pakistan Economic Corridor (CPEC) with Vice Chairman National Development & Reform Commission (NDRC), China Mr. Cong Liang.
China and Pakistan have identified five new corridors under China, Pakistan Economic Corridor (CPEC) at the 13th session of the Joint Cooperation Committee (JCC).
Five new corridors for Phase 2 of CPEC which includes Growth Corridor, Economic Development Projects Corridor, Innovation Corridor, Green Corridor, and Regional Connectivity Corridor. All these five corridors are in line with Pakistan’s economic development framework, the Five Es and Vision 2025, for which Pakistan strives.
Federal Minister Professor Ahsan Iqbal hailed the China-Pakistan Economic Corridor (CPEC) as a milestone of friendship between Pakistan and China, providing a strong foundation for economic cooperation.
Addressing the media after the 13th session of the Joint Cooperation Committee (JCC), the minister highlighted the progress made under CPEC, including the revival of projects in Gwadar and the identification of five new corridors for Phase 2 of CPEC.
He also acknowledged the challenges faced by CPEC, including the slowdown in progress after 2018 and the impact of climate change, floods, and the corona virus pandemic on Pakistan’s economy.
Read more: Click here
