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ISLAMABAD: Special Assistant to Prime Minister on CPEC Khalid Mansoor said on Monday that Pakistan was committed to take forward the journey of development under the second phase of China China Pakistan Economic Corridor (CPEC) at fast speed by making it a safe and secure corridor to enhance bilateral trade ties.
He said he was very optimist about the mega project as the Chinese authorities had agreed to hold the 10th Joint Coordination Committee (JCC) on 23rd or 24th of current month.
Addressing his maiden press conference here after taking his new charge, the SAPM said security was a big concern for the Chinese and to upraise the Chinese confidence, he briefed the Chinese Authorities about overall security situation assuring that additional security measures had been taken by the government.
Chief Executives of eight companies established in Faisalabad Industrial Estate and Manufacturing Company (FIEDMC)-the CPEC prioritized Special Economic Zone (SEZ) in Punjab- were also present on the occasion.
The 10th annual meeting of Joint Coordination Committee (JCC) on CPEC was earlier scheduled on July 16, 2021 but was postponed due to certain security issues in the country. Khalid Mansoor said there were nine Joint Working Groups (JWGs) of the JCC in various sectors including Agriculture, Energy, Infrastructure, Science and Technology and others and various new projects in all these sectors would come under consideration in the meeting. He said the international forces who were against the mega project would fail in their nefarious designs.
Mansoor said the first phase brought an investment of $25 billion out of which $13 billion worth of project had been completed while the rest $12 billion projects were in the pipeline and were likely to be completed within a year.