CPEC to be completed in three phases by 2030: interior Minister
Category : Latest News Source : Samaa TV Date : 01-04-2018
While addressing a ceremony in Lahore today, Interior Minister Ahsan Iqbal said that CPEC will be completed in three phases by 2030. The minister said that the government is taking concrete measures to overcome the energy crisis and to develop infrastructure. He further added that Pakistan has not invested a single penny on CPEC as all investment is being made by China while investors from Europe, Middle East and other parts of world look forward to starting business in Pakistan signifying an improved economy due to CPEC projects in the country.
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LAHORE: Interior Minister Ahsan Iqbal has said China Pakistan Economic Corridor will be completed in three phases till 2030.
Addressing a ceremony in Lahore today, he said in first phase of China Pakistan Economic Corridor (CPEC), energy and physical infrastructure will be developed by 2020 in the country.
Interior Minister said government is taking concrete measures to overcome energy crisis and to improve infrastructure.
He said out of 46 billion dollars of CPEC, 35 billion dollars were to be invested on improving Pakistan’s power sector.
He said that Pakistan did not invest even a single penny on CPEC as all investment is being made by China.
Ahsan Iqbal said investors from Europe, Middle East and other parts of world will start business in Pakistan which is proof of positive impact of CPEC on our economy.
He said a new middle class market is emerging in Pakistan as country will achieve the GDP target of 6 percent.
He said that CPEC projects will prove game changer for the economic progress of Pakistan as well as the region.
