CPEC to promote economic integration, regional connectivity: Chairman BoI

Government of PakistanCPEC to promote economic integration, regional connectivity: Chairman BoI

ISLAMABAD, Pakistan: Chairman Board of Investment (BoI) Dr. Miftah Ismail has said that China Pakistan Economic Corridor (CPEC) would promote economic integration and regional connectivity for development and prosperity in the region.

“All the provinces and regions have shared opportunity for infrastructural development and industrial growth which provides employment opportunities and prosperity in the country,” he said while speaking at a three-day 19th Sustainable Development Conference on theme of “Sustainable Development: Envisaging the Future Together, organized by Sustainable Development Policy Institute (SDPI) here at a local hotel the other day.

He said after completion of CPEC, $150 billion investment would be brought by Chinese investors in Pakistan.

He said work also underway on Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas Pipeline while CASA 1000 also focused to meet need of energy in the country.

Chairman BoI said in post CPEC scenario, “We would be required skilled manpower to work in various industries in all provinces of the country.

The government keenly focus to remove regional disparity and provide equal development in all provinces, especially remote regions.

Miftaf Ismail said that Balochistan would get more benefits from CPEC and Gwadar port would play pivotal role for providing connectivity and enhance the regional trade opportunities.

Earlier, speaking at the inaugural session of the conference, Advisor to the Prime Minister on Foreign Affairs Sartaj Aziz called for South-South collaboration for regional peace, prosperity in the region.

He highlighted the importance of regional and international cooperation for implementation of newly-set targets of SDGs.

He proposed more investment, adoption of new technologies, capacity building and identification of barriers to achieve the targets of SDGs and Vision 2025 of Pakistan.

While chairing the inaugural session of conference, Federal Minister for Climate Change Zahid Hamid said government’s Vision 2025 has seven pillars and 25 goals and these goals are fully aligned with the Sustainable Development Goals (SDGs).

Zahid Hamid said implementation of the development agenda was possible with global and regional cooperation, and CPEC was an example of this cooperation.

Executive Director, SDPI Dr Abid Qaiyum Suleri said this conference provides a platform to evaluate and learn, what we have done wrong to avoid these mistakes in future.

He added, “We have gathered here to reiterate and reaffirm our commitment to a shared and sustainable future.”

He stressed on the importance of cooperation for the development and said that today challenges are global and can’t be resolved individually.

Source: APP

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PTI Protest November 24

PTI Protest November 24: All roads leading to Islamabad closed down

0
Islamabad, Pakistan: Administrative panic of the government can be judged by the fact that Motorways including M1, M2, M3, M4, M-11, and M14 have...
State Bank of Pakistan releases coin to commemorative 555th birth anniversary of Baba Guru Nanak

State Bank of Pakistan releases coin to commemorative 555th birth anniversary of Baba Guru...

0
Karachi, Pakistan: The State Bank of Pakistan has released coin worth Rs 55 to commemorate the 555th birth anniversary of Baba Guru Nanak.On the...
Punjab Government created a trench at Haro River Bridge so PTI procession from Peshawar could not enter Islamabad

PTI Protest Call: Despite road blockades, PTI workers move on towards Islamabad

0
Monitoring Desk: Despite road blockades, worker arrests, and a police crackdown, followers of Tehreek-e-Insaf (PTI) are moving fast towards Islamabad for a protest on...
37 Brigadiers of Pakistan Army promoted as Major Generals

CTD Punjab claimed to kill three TTP terrorists near Rawalpindi

0
Rawalpindi, Pakistan: The Counter Terrorism Department (CTD) of Punjab killed three TTP terrorists (officially known as Khawaji) at Chakri, 30 km away from the...
Ukraine to receive 500,000 artillery shells by yearend from Czech Republic Monitoring Desk: In dire need to counter Russian aggression, Ukraine will receive 500,000 shells of various calibers by the end of this year from Czech Republic, reports Ukrinform. Referring to announcement of Czech Foreign Minister Jan Lipavský, Ukrinform reports that Czech Republic will continue to provide support to Ukraine to repel and stop Russian aggression. "As you know, my country has launched an initiative on ammunition. By the end of the year, 500,000 large-caliber shells will be delivered. We will not stop there. We will continue to provide the Armed Forces of Ukraine with the necessary support," the Czech Foreign Minister emphasized.

Ukraine to receive 500,000 artillery shells by yearend from the Czech Republic

0
Monitoring Desk: In dire need to counter Russian aggression, Ukraine will receive 500,000 shells of various calibers by the end of this year from...
Advertisement