Establishment of Pak-china business forum may be a good step for improving B2B cooperation between the two countries.
Beijing: April 24, 2019: Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that the projects in BOT financing mod may be encouraged especially in eastern corridor under CPEC framework. He appreciated the role of CIDCA and National Development & Reform Commission of China in approval of various projects under Joint Working Group on socio-economic development and expressed optimism that short term projects can be completed in a year.
Minister of Planning expresses these views while talking to Mr. Ning Jizhe, vice chairman of National Development and Reform Commission (NDRC) during his visit to Beijing, China on Wednesday. The two sides discussed the progress on CPEC projects and the future course of action. Secretary planning Zafar Hasan, Project Director Hassan Daud and senior officials of both sides were also present in the meeting.
Minister for Planning said that there has been steady progress in infrastructure development adding that the ground breaking of Gawadar airport heralds a new beginning in the development of coastal city. He informed that all effort are being made for provision of electricity for execution of projects in Gwadar.
He reiterated the need to create a chain reaction of economic expansion along the economic corridor. He said that Chinese government may encourage the private enterprises to explore opportunities in Pakistan in steel, agriculture, textile, IT and tourism sectors.
Makhdum Khusru Bakhtyar Planning minister thanked vice chairman NDRC for cooperation in socio-economic development and signing of MOU for the projects.