LAHORE: Federal Minister for Planning and Development Ahsan Iqbal says the China-Pakistan Economic Corridor (CPEC) shouldn’t be made controversial as it will bring about sustainable prosperity in Pakistan.

“CPEC should be implemented in letter and spirit instead of being made controversial,” the minister said while talking to the media after attending the 14th CEO Summit Asia, titled “Reshaping the Future: Build Greater Pakistan—Success Story of Punjab” organised by the CEO Club Pakistan, in collaboration with the Board of Investment and Planning Commission, here at a local hotel.

Responding to the media queries, the minister said Pakistan had presented a long-term plan on CPEC that would be approved by China. It’s mega project that would give a boost to the country’s development. He termed presence of all the four chief ministers in China during the recent visit of Prime Minister Nawaz Sharif a good sign.

Mr Iqbal said the government had allocated Rs100bn for the public sector development programmes.

Earlier, speaking at the conference, he dispelled various misconceptions about CPEC and requested the business community to actively take part in the plan.

In her address, Punjab Finance Minister Dr Ayesha Ghaus Pasha termed the unity of all provinces and stakeholders necessary to get real benefits of CPEC. She said due to better security and law and order situation, gradual decrease in the energy crisis, good infrastructure and provision of skilled labour force in Punjab had increased confidence of investors in the government.

“There is a rising trend of public-private partnership in Punjab that is playing a major role in its growth,” she said.

Other speakers included Governor Rafique Rajwana, CEO Club’s President Ijaz Nisar, Kansai Paint Chairman Agha Zafar Abbas, Descon CEO Amir Niazi and TCS chief Khalid Nawaz.

Published in Dawn, May 19th, 2017

Opinion

Editorial

Bad measures
25 Jul, 2024

Bad measures

THE ongoing tussle between the current regime and PTI will only end up causing lasting harm to Pakistan. This much...
Hamas-Fatah deal
25 Jul, 2024

Hamas-Fatah deal

THE Beijing Declaration signed in the Chinese capital on Tuesday reiterates the need for internal Palestinian unity...
Rating risks
25 Jul, 2024

Rating risks

FINANCE Minister Muhammad Aurangzeb’s recent discussions with the executives of the two top global credit rating...
Reforming militants
24 Jul, 2024

Reforming militants

Such initiatives have been tried before, in Swat for instance, at centres run by the military as well as NGOs.
IPP debate
24 Jul, 2024

IPP debate

A FIERCE debate blaming the exorbitant electricity prices on expensive power purchase agreements with IPPs has been...
Political vendettas
24 Jul, 2024

Political vendettas

IT seems that the PML-N and PPP need to be reminded again that they are doing themselves a considerable disservice ...