ISLAMABAD, Pakistan: The Minister for Planning, Development and Special Initiatives Sami Saeed has reaffirmed the government of Pakistan’s commitment to fast-tracking the ongoing projects of the China Pakistan Economic Corridor (CPEC).
The planning minister made these remarks during a meeting with the Chairman of China Overseas Port Holding Company (COPHC) Yu Bo on Friday.
Sami Saeed said that Gwadar is the heart of CPEC and a gateway to prosperity for Pakistan and the region.
The minister said that they are developing Gwadar into a world-class port and logistics hub which will create new jobs and opportunities for the people of Pakistan and boost the economy.
The federal minister also reiterated that Pakistan is committed to resolving all outstanding issues related to CPEC on a priority basis.
China and Pakistan have established a high-level mechanism to address any concerns that may arise.
The Chairman COPHC briefed the minister about the progress of Gwadar Free Zone and Gwadar Free Port.
Yu Bo underscored the significance of Gwadar within CPEC and said that the first stage of Gwadar’s port and city development, along with the Gwadar Free Zone, has been completed, marking a substantial achievement.
The Chairman also highlighted how COPHC’s decade-long stewardship had remarkably transformed Gwadar from a modest village into a thriving modern city, replete with cutting-edge technology.
Both sides reaffirmed their commitment to further strengthening cooperation in this area.
