The government on Monday decided to build a 'CPEC Tower' in Islamabad named after the China-Pakistan Economic Corridor (CPEC).
The decision was taken during a meeting of officials from the Ministry of Planning, Development and Reforms, other line ministries and departments in the capital.
The 'CPEC Tower', touted as 'iconic' by Minister for Planning, Development and Reforms Ahsan Iqbal, is to become the tallest building in the federal capital and will attract investors and serve as a symbol of Pak-China friendship.
A high-level committee to be headed by Malik Ahmed Khan, member infrastructure of the Planning Ministry, will work on the proposed CPEC tower.
During the meeting, Iqbal laid down the tasks for the committee, and directions were given to conduct a feasibility study after identifying a suitable site for the building, and to acquire the land in the light of the feasibility study.
"The committee should sit with the relevant departments to resolve issues of building codes and regulations," Iqbal said.
The minister stated that the initiative would facilitate Chinese and other investors from around the world, adding that the building would help build an image of Islamabad as a sustainable and vibrant city thriving upon entrepreneurship, science and technology, research and development, finance and culture.
"The CPEC Tower should be equipped with a state-of-the-art hotel, office spaces, commercial spaces and modern facilities," said Iqbal.