Govt accelerates CPEC progress with 5 economic corridors

Soon after the formation of the elected government, progress on the China-Pakistan Economic Corridor (CPEC), particularly the five new economic corridors, including the Corridor of Job Creation, Innovation, Green Energy, and Inclusive Regional Development, has been expedited.

According to a press release issued on Wednesday, the newly-appointed Federal Minister for Planning, Development & Special Initiatives, Professor Ahsan Iqbal, chaired an important meeting yesterday to initiate work on the five new corridors in the second phase of CPEC.

The meeting was attended by the Secretary Planning Awais Manzoor Sumra and senior officials of the CPEC Secretariat.

During the meeting, a comprehensive briefing was given to the minister on the progress of CPEC projects, recommendations of the Joint Coordination Committee (JCC), and working groups held last year.

Additionally, the MoUs signed during the third Belt and Road Summit were also reviewed in the meeting.

The Minister was updated on key projects such as ML-1, Karakoram Highway (Phase 2) D.I Khan Zhob, Karachi Circular Railway (KCR), and others.

While reviewing the projects, the Minister directed stakeholders to expedite their implementation process without further delay.

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