Cpec Quotes

The OBOR project seeks economic connectivity both on the Eurasian continent and in the Asia-Pacific and Indian Ocean regions. China has deduced that the viability and success of its OBOR project hinges on the flagship China-Pakistan Economic Corridor (CPEC), which will link Kashgar in China to the Gwadar Port in Pakistan.

CPEC has entered a new phase of high-quality development focusing on industrial, agricultural and socio-economic cooperation. The Matiari-Lahore project will contribute to the stable power supply in Pakistan and promote the industrialization of the country.

The China-Pakistan Economic Corridor (CPEC) has taken this relationship to new heights. It has contributed significantly to the development of port, roads, and energy infrastructure in Pakistan. CPEC has now entered into the second phase with a focus on industrial cooperation, trade, agriculture, and socio-economic development

The CPEC is as important to China as it is to Pakistan and we will continue to work day and night to bring it to more fruition

The government has included 3,836 development schemes in the PSDP 2021-22. These include 2,285 new and 1,501 ongoing schemes. During the next financial year, 1,647 development schemes will be completed as funds have already been released for these schemes that also include those schemes which had been launched many years back. The government has allocated Rs112 billion for the ongoing development schemes while 20% development budget has been allocated for new schemes. All efforts would be made to complete development projects in time.