China and Pakistan have agreed to expand the China-Pakistan Economic Corridor project’s scope beyond infrastructure development to boost Pakistan’s industrial capability.
The agreement was struck during a meeting on Monday in Islamabad between Chinese Ambassador Nong Rong and Minister for Planning and Development Ahsan Iqbal.
During the conference, topics about shared cooperation on energy and electrical projects were covered.
Speaking at the event, the planning minister claimed that achieving energy independence will stabilize the nation’s economy
He praised China’s role in the achievement of the Special Economic Zones and asserted that the true goal of the CPEC is the development of the Pakistani industry.
Ahsan Iqbal emphasized the connection between the growth of Gwadar and the prosperity of Balochistan, noting that Shehbaz Sharif’s orders caused the speeding up of construction on the city’s energy transmission lines.
According to him, Gwadar would begin receiving power from Iran in December 2022 and from the national grid in March 2023.
Information in this article comes from third party providers. This website does not provide explicit or implied warranty for such information and is not liable for any losses directly or indirectly caused by using such information.
