Pakistan reiterates commitment to CPEC

ISLAMABAD: Recently, certain parts of the media have been witnessed to create negative propaganda against the China Pakistan Economic Corridor, terming it as a project that can potentially halt the long-term politicoeconomic situation of the country.

On behalf of the Government of Pakistan, Minister for Finance and Planning and Development, Dr Shamshad Akhtar has issued the following statement and said that “Pakistan is fully committed to the China Pakistan Economic Corridor (CPEC). There is a complete consensus among all institutions and political forces in Pakistan that CPEC is key to the future of Pakistan’s development and prosperity. We will continue to ensure that all projects of CPEC are completed according to the agreed terms and within the stipulated timelines. Third parties cannot weaken our collective resolve to make CPEC a success story. Irresponsible statements by individuals who have no understanding of CPEC or the strength of Pakistan-China friendship cannot change this reality.“

CPEC is a collection of infrastructure projects that are currently under construction throughout Pakistan. Originally valued at $46 billion, the value of CPEC projects is now worth $62 billion. CPEC is intended to rapidly modernise Pakistani infrastructure and strengthen its economy by the construction of modern transportation networks, numerous energy projects, and special economic zones (SEZs).

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