ISLAMABAD: Federal Minister for Planning, Development and Reform, Ahsan Iqbal Monday said that China Pakistan corridor is a fate changer for Pakistan and region.
This he said in a meeting with Chinese ambassador, Sun Weidong to Islamabad in his office.
He said, all provinces will benefit from the infrastructure and energy sector projects being started under CPEC.
Gawadar will emerge as smart port city and bring tremendous opportunities to Baluchistan.
He said that there is no route change in corridor project, it is a baseless propaganda.
“CPEC is national project to bring benefit to every region”, he said.
The Minister said that on our side the relevant departments have completed the homework and ready to sign Framework agreement to start the process.
“We should be expecting to make ground-breaking of the identified major energy and infrastructure projects by March”, the Minister added.
Federal secretary for Planning Commission, Hassan Nawaz Tarar pointed out that some of the projects are on fast track and can be completed within the timeline if the process is completed on urgent basis.
About the coal based energy projects, Ahsan Iqbal clarified that coal remains the primary source of energy.
“LNG is being sought as short-term and mid-term solution as it offers easy transportation compared to coal” he said.
He categorically said “LNG will not replace coal rather it will supplement it”.
Mr. Sun Weidong assured that process from their part will be completed soon to translate the China-Pakistan corridor projects into reality.
He said that the upcoming visit by the Chinese foreign minister will also be instrumental in pushing these projects on fast track.
He expressed the hope that the projects will be completed within the timeline as they have great strategic significance for both the countries.
Besides federal secretary for Planning Commission Hasan Nawaz Tarar, secretary Water and Power, Muhammad Younus Dagha and China-Pakistan Economic Corridor project director Zahir Shah also attended the meeting.