ISLAMABAD: Khyber Pakhtunkhwa Board of Investment Chief Executive Hassan Dawood Bhat said on Thursday that electricity generation through China Pakistan Economic Corridor (CPEC) projects would reach 11,000 megawatts by the year 2026.
“This will help cater to the increasing energy needs of the future,” he said while talking to APP, adding that CPEC was leading the country towards new heights of progress and prosperity.
He said that Pakistan was fast becoming a business-friendly country as evident from the World Bank’s recent report, which included Pakistan among the top 20 business reformers of 2019.
He attributed this progress to the CPEC, under which the government has accorded top priority to the industrial sector.
He said that Pakistan has opened its doors for international investors and has been facilitating businesses and investment in the country.
“It has been clarified in the joint working group (JWG) meeting of the Ministry of Planning, Development and Reform that Rashakai Special Economic Zone would be built under the Belt and Road Initiative,” he added.
