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Provinces are united and working as a team in Management of CPEC: Ahsan Iqbal

Islamabad, January 26, 2018 (PPI-OT):Minister for Interior and Planning, Development and Reform, Ahsan Iqbal has said that the broad consensus amongst the federating units has provided an opportunity to expedite China Pakistan Economic Corridor (CPEC) projects and ensure its successful completion. “All the provinces are fully on board and eager to pluck the fruits of CPEC” said Minister, while responding to CPEC Special Committee reports in Senate of Pakistan. He said that provincial leadership’s is fully contributing in the decision making process since launch of this multi-billion initiative, irrespective of their political affiliation.

“Chief Ministers and their teams have ensured their full participation in Joint Working Groups and Joint Cooperation Committee of CPEC, a manifestation of government’s will to guarantee transparency, inclusiveness, national cohesion and sense of equality”. Minister said that China-Pakistan Economic Corridor (CPEC), a project of inclusive development in Pakistan, undoubtedly, offers huge dividends for the provinces and regions of Pakistan, opening new avenues of opportunities for the people of the country, particularly, under developed regions.

The transport infrastructure projects of CPEC will give a boost to economic activities in far flung areas of Khyber Pakhtunkhwa, Balochistan and Sindh thus would help in emergence of new urban and economic centers, he added. “Economic activities at smaller level starts cropping up in the form of huts, hotels and new markets on roadside to cater the needs of traffic on completed links of the Western Route from Quetta to Gwadar-a glimpse of a bright future when the region would be “center of focus” of local and foreign investors to benefit from the economic potential of these areas” Minister highlighted. Minister underlined that Western Route project, approved by All Parties Conference held on 28th May, 2015, is under execution as decided by the national leadership.

Ahsan Iqbal said that a number of provincial infrastructure projects, Mirpur Mansehra Road, Nokundi Mashkhel Panjgur Road and Gilgit Chitral Chakdara as well as development of Keti Bandar Port have been included in CPEC which would further enhance connectivity in the province. He further said that under CPEC, circular railway projects are being implemented in all the four capitals. Ahsan Iqbal said that CPEC’s Special Economic Zones in the provinces would enable to attract investment different sectors thus would boost the overall economic status of the provinces.

SEZs would help in creation of thousands of jobs for local youth, he added. “Government is planning two to three road shows in China to attract investors to ensure early population of these SEZs, he told the Senate. This cooperation would be completed from 2020 to 2025 and it is open for all investors, Minister informed. Minister highlighted that the 820 km long fiber optic that passes through GB and KP to connect Rawalpindi and Khunjerab is planned to be completed this year.

“The project will not only turn the trade corridor into a digital corridor and would bring boom to IT related industry in this region along the route”. Ahsan Iqbal further told that under CPEC, government was able to attract US $ 5 billion to explore Thar Coal resources for the first time in the history of Pakistan. China has proved as a trust worthy friend of Pakistan by investing and completing mega energy projects in the country that helped in overcoming energy crisis. “All the power plants meet international environmental standards as it is based on new and super critical technology power plants”, he highlighted.

For more information, contact:
Principal Information Officer,
Press Information Department (PID)
Tel: +92-51-9252323, +92-51-9252324
Fax: +92-51-9252325, +92-51-9252326
Email: piopid@gmail.com
Website: www.pid.gov.pk

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Sardar Mahtab Ahmed Khan expresses deep condolence and grief over sad demise of Muhammad Azam Saigol

Islamabad, January 26, 2018 (PPI-OT):Adviser to the Prime Minister on Aviation Sardar Mahtab Ahmed Khan has expressed deep condolence and grief over the sad demise of Muhammad Azam Saigol, a leading industrialist and a former Chairman of the Pakistan I...

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IMF Country Representative meets Miftah Ismail

Islamabad, January 23, 2018 (PPI-OT):IMF Resident Representative, Mr. Tokhir N. Mirzoev, called on Adviser to Prime Minister on Finance, Miftah Ismail here Tuesday. The current macroeconomic situation and the future outlook of the economy came under discussion. The Adviser on the occasion said that the present government’s concerted efforts had led to macro-economic stability and the country’s economy was moving steadily on the path of growth. He said that the economic data for the recent months showed increased economic activity which was encouraging.

He said that the measures taken by the Government had improved exports as well, which would help narrow down the trade deficit. He said that the government would continue to pursue prudent fiscal policy so as to consolidate the gains of the past four years. He expressed the confidence that future would bring better opportunities for Pakistan. Mr. Mirzoev apprised the Adviser of the Fund’s discussions and assessments during the recent Post Program Monitoring as well as the schedule of the next Article IV consultations between the Fund and the Government of Pakistan.

For more information, contact:
Principal Information Officer,
Press Information Department (PID)
Tel: +92-51-9252323, +92-51-9252324
Fax: +92-51-9252325, +92-51-9252326
Email: piopid@gmail.com
Website: www.pid.gov.pk

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Pakistan Textile Exporters Association delegation meets Miftah Ismail

Islamabad, January 23, 2018 (PPI-OT):Pakistan Textile Exporters Association (PTEA) led by Mr. Shaiq Jawed, Chairman, met Dr. Miftah Ismail, Adviser to Prime Minister on Finance here on Tuesday. The delegation discussed with the Adviser, matters related to growth of textile exports. The delegation requested for processing of tax refund, drawback cases on priority basis as it would resolve liquidity issues faced by exporters/manufacturers, and capital thus made available could be deployed by them towards expanding their businesses, in turn, helping country’s export earnings. The delegation also discussed matters regarding smooth provision of energy / electricity to textile industry on uniform and economical rates for optimal production.

Adviser Miftah Ismail said the textile industry was the backbone of the economy and major foreign exchange earner. He said the government has taken important measures for enhancing exports and would extend all possible support to the Textile industry along with other sectors of the economy and provide an environment, conducive to fostering business activities.

He said that the export growth in the recent months is heartening and the exporters should put in greater effort to make sure that this rising trend is maintained in the future as well. He said the issues raised by the delegation would be accorded due consideration and necessary measures taken to address them accordingly. Senior officials of the Ministry of Finance were present in the meeting.

For more information, contact:
Principal Information Officer,
Press Information Department (PID)
Tel: +92-51-9252323, +92-51-9252324
Fax: +92-51-9252325, +92-51-9252326
Email: piopid@gmail.com
Website: www.pid.gov.pk

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Pakistani Food Extravaganza held in Beijing

Islamabad, January 18, 2018 (PPI-OT):A Pakistani Food Extravaganza has been organized in Beijing by the Embassy of Pakistan from 17-23 January, 2018. The opening ceremony of the festival was held at a local Hotel on 17th January, 2018. Says a press release received here today from Beijing. Prof Huang Jiefu, Member of China People’s Political Consultative Committee, Deng Xi Jun, China’s Special Envoy on Afghanistan and Ambassador (Retd) Sha Zukang, President of China-Pakistan Friendship Association were amongst the guests of honour on the occasion.

Welcoming the guests, Ambassador Masood Khalid highlighted the importance of people to people connectivity and cultural bonds. He termed this food festival as a catalyst for further enhancing the cultural cooperation between the two countries. He said that this is a great opportunity to experience Pakistani food with its trademark aroma and spices. Ambassador thanked the Chinese government for providing support to this festival.

Two Master Chefs from Serena Hotel are the architects of this food extravaganza while eminent musicians from Pakistan enthralled the audience with Pakistani music during the opening ceremony. The inaugural ceremony of the festival was attended by a large number of Chinese officials, intellectuals, civil society members and Pakistani community. The guests greatly appreciated the rich Pakistani cuisine and music.

For more information, contact:
Principal Information Officer,
Press Information Department (PID)
Tel: +92-51-9252323, +92-51-9252324
Fax: +92-51-9252325, +92-51-9252326
Email: piopid@gmail.com
Website: www.pid.gov.pk

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