Pakistan dispelled the “False Impression” that the multi billion dollar China-Pakistan Economic Corridor (CPEC) is being slowed down.
“Some detractors giving false impression of CPEC being slowed. Not that only pace of work on projects picked up recently, but a great deal of groundwork was also done to launch Phase 2” Chairman of the CPEC Authority in Pakistan Asim Saleem Bajwa said on Twitter.
Bajwa, who is also the Special Assistant to Pakistani Prime Minister on Information and broadcasting, said that the scope of CPEC has actually been enhanced as work on hydropower projects, Special Economic Zones (SEZs) and agriculture is also being done.
The Pakistan Economic Survey 2019-20, the Country’s Annual Economic Survey has said that nine SEZs will be established under the CPEC Portfolio, which will create tremendous Job Opportunities & Technological Transformation.
Work on CPEC Projects, with the help of China is in full swing, said the Economic Survey.