ISLAMABAD : According to the media report, the CPEC project is kicking off after a decelerated stage. The Pakistani government affirms its determination to speed up construction on the CPEC projects. Both counties are engaged in finalizing the agenda of the 11th Joint Coordination Committee (JCC) on CPEC. The Gwadar Free Zone has also been supplying the local market with manufactured goods and trade goods. China and Pakistan are also considering including Afghanistan in the CPEC. Out of the nine SEZs proposed under CPEC, five are currently being developed in Pakistan. To increase exports and close the trade gap, the Pakistani government is also eager to entice foreign direct investment into the textile, IT, agriculture, research and technology, and mining sectors.
Trending
- President Zardari approves appointments of Punjab, KP and Balochistan governors
- Pak-Uzbek business community welcomes KSA’s $20 billion investment in Uzbekistan
- Ambassador Hashmi speaks highly of Chang’e 6 project
- NGIA’s Modern Residential Complex completes
- 23rd Chinese Bridge Competition held at CI Punjab University
- 39 dead, dozens missing, as Brazil ravaged by deadly storms
- Floods in Indonesia’s South Sulawesi kill 14
- Pakistan, China to hold strategic talks on May 15 in Beijing