Ministry of Planning
Development & Reform

Press Release

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Published : 18 April 2016

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Published : 18 April 2016

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Published : 18 April 2016

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CDWP approves 17 projects of worth Rs 99.4 billion...

Published : 18 April 2016

Islamabad: The Central Development Working Party( CDWP) approved vario...


First phase of China-Pakistan Economic Corridor (CPEC) will be completed by 2018: Ahsan Iqbal

Dated : 18 April 2016

Federal Minister Planning, Development & Reform Ahsan Iqbal today stated, “First phase of China-Pakistan Economic Corridor (CPEC) will be completed by 2018 The production of 10,000 MGW of energy under CPEC would help to overcome the energy crisis by 2018 as well as upgrade the existing road network of the country especially western route through construction of missing links on it will provide a safest and shortest passage of cargo from Gwadar Seaport to upcountry for their onward movement to China’s western provinces, he stated in a statement on CPEC. Ahsan Iqbal said that Pakistan and China are working closely and wholeheartedly to implement CPEC projects in speediest manner. Both sides are in constant touch through forums under CPEC framework and are moving ahead smoothly and promptly to complete CPEC projects. Minister Planning & Development said that both sides realized the importance of CPEC for their own interests and for the benefit of whole the region to integrate it economically for social and economic uplift three billion people of the region. Ahsan Iqbal said that there is unanimity in file and ranks of Pakistani society that CPEC is a historical opportunity for sustained economic development and inclusive prosperity of the country and we must capitalize on it through a united approach. Pakistan political leadership, civilian government and military leadership, time and again, demonstrated their commitment to completion of CPEC. “They are all on the same page for a bigger national cause,” Ahsan Iqbal stated and added that declarations of two All Parties Conferences (APCs) on CPEC bear testimony to this fact.