Nawaz Sharif to take parliamentary leaders into confidence over CPEC today

BusinessNawaz Sharif to take parliamentary leaders into confidence over CPEC today

Nawaz Sharif to take parliamentary leaders into confidence over CPEC today

ISLAMABAD, Pakistan: Prime Minister Nawaz Sharif will take parliamentary leaders into confidence over the China-Pakistan Economic Corridor (CPEC) in a meeting in Islamabad on Wednesday.

During the meeting, the Finance Minister Ishaq Dar and the Minister for Planning and Development Ahsan Iqbal will brief the parliamentary leaders about the project.

The Pakistan Tehreek-e-Insaf (PTI), Pakistan People’s Party (PPP), Awami National Party (ANP) and other political parties have expressed their reservations and raised fears that smaller provinces will be deprived of the CPEC by changing its route.

However, the federal the government has claimed that no change is being made in the route and termed it as a misleading propaganda.

The $46 billion CPEC project was agreed during the recent visit of Chinese President Xi Jinping to Pakistan, and it aims to connect Gwadar Port in southwestern Pakistan to China’s northwestern autonomous region of Xinjiang, via a network of highways, railways and pipelines to transport oil and gas.

The economic corridor is considered central to China–Pakistan relations and will run about 3,000 kilometers from Gwadar to Kashgar.

On Tuesday, while presiding over a National Harmony Workshop at the National Defence University in Islamabad, the minster for planning and development said that Sindh and Balochistan would be the biggest beneficiaries of power generation triggered by the CPEC project with 36 percent and 26 percent the total production of 13,880 megawatts going to them respectively.

The minister said that the Joint Working Group on the CPEC would be constituted within two months to start the consultation process with provinces on industrial parks and economic zones.

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

Pakistani students participate in Harvard Model United Nations Dubai 2025

Pakistani students participate in Harvard Model United Nations Dubai 2025

0
Press ReleaseDubai, UAE: Harvard University’s International Relations Council (IRC), in collaboration with WorldView Education, organized the Harvard Model United Nations (HMUN) Dubai 2025 from...

Indian Visa Bumper Sale for Afghans

0
Monitoring Desk: After establishing a strategic partnership, India reopened the "e-Emergency X-Misc Visa" category for Afghans this week in Dubai so both countries can...
Hassan Niazi convicted for May 9 mutiny

Is there any legal justification to set up Judicial Commission on May 9 events...

0
Islamabad, Pakistan: There is a debate going on in journalistic circles about why the should government entertain the demand of PTI to set up...

The war against terrorism is ongoing and we would take it to its logical...

0
Peshawar, Pakistan: General Syed Asim Munir, Chief of Army Staff (COAS) has said that forces as well as the nation are sending a clear...

Syrian nursery of Jihadis, the proximity of Afghanistan may destabilize Central Asia, claims a...

0
Monitoring Desk: Syrian land has become a nursery for global terrorists for nurturing radicalization among Muslim youth and the presence of terrorists such as...
Advertisement