cpecnews news صفحۂ اول

Government takes first step in establishing a 'CPEC Authority'

  • June 1, 2019
Government takes first step in establishing a 'CPEC Authority'
Image caption Government takes first step in establishing a 'CPEC Authority'

ISLAMABAD: In a major development, the government has taken the first step towards establishing the China Pakistan Economic Corridor (CPEC) Authority and approved the merger of existing support infrastructure into a new secretariat.

Project director of the new CPEC Secretariat is likely to be somebody with military background, said a top official of the Ministry of Planning and Development on Friday.

Headed by Minister for Planning and Development Makhdoom Khusro Bakhtiar, the Central Development Working Party (CDWP) approved the merger of two ongoing projects to set up the CPEC Secretariat and an authority. The government merged the CPEC Support Project and the CPEC Centre of Excellence.

Against the existing mechanism where a deputy project director had been heading the CPEC Support Project for the last three years, now the minister for planning and development will head the CPEC Secretariat. The number two in command will be the planning secretary.

The project director, who will be responsible for all operational and policy matters of CPEC, will be hired in the Management Pay Scale-I, which is also equivalent to grade-22.

The project director will head two wings – the coordination and monitoring wing and the research wing – and will enjoy vast powers, according to the concept paper of the new CPEC Secretariat and the authority.

In order to keep the matter secret, the Ministry of Planning and Development did not prepare a new working paper for approval of the revised PC-I by the CDWP. The deputy project director only gave a presentation to the CDWP. The planning ministry also did not mention the CPEC Secretariat in its official statement.

Planning Secretary Zafar Hasan and Planning Minister Bakhtiar did not comment on the need for CPEC Authority.

The secretariat will be responsible for overall coordination and implementation of CPEC work, according to the presentation that the acting project director gave to the CDWP.

The secretariat will coordinate activities for conducting meetings of Joint Working Groups (JWGs) and Joint Cooperation Committee (JCC) and implementation of the decisions taken by these two forums.

JWGs have representation from both China and Pakistan and these groups thrash out technical details of projects for approval by the JCC. JCC is the highest joint decision-making body of CPEC.

The secretariat will also be responsible for coordination with local and international institutions and think tanks for preparing policies and conducting research. It will provide a mechanism for multi-sector coordination and ensure consultative process for trade support and policy formulation, according to terms of references of the new secretariat.

In 2014, Pakistan and China had announced that they would deepen their economic and strategic cooperation through CPEC, which is the pilot project of the trillion-dollar Belt and Road Initiative of the Chinese president. Initially, both the countries had announced $46 billion worth of agreements in infrastructure and energy sectors. The volume subsequently increased to $60 billion.

However, a couple of years ago, CPEC started hitting roadblocks and it is now estimated that the actual Chinese investment in the energy and infrastructure projects will not cross $24 billion, according to documents of the Ministry of Planning and Development.

The presentation of the new CPEC Secretariat showed that CPEC’s scope has been enhanced to trade and market access. The subjects of industrial development and global value chains have also been brought under the scope of CPEC.

Gwadar Oil City, regional connectivity and third-party participation have also been shown as part of CPEC, according to the presentation.

In addition to new hiring, the existing staff of both the CPEC Support Project and the Centre of Excellence will be retained by the government. There will be one deputy project director whose post may be re-designated as director general, depending on his professional background.

The government also plans to hire six specialists, also in the MP-1 scale, for areas of energy, transport infrastructure and Gwadar, investment and industrial business, socio-economic and agriculture, finance and media. These people will be responsible for monitoring and implementation of CPEC.

The planning ministry has estimated the total cost of running the CPEC Secretariat at Rs2.6 billion for five years.

Archives

China: Attractive Market for Pakistani Kinnow Export, Secretary-General BMP
CPEC's Regional Connectivity Plan via Railway Proposed
1320 MW HUBCO Power Plant under CPEC Successfully Begins Commercial Operation
Multan-Sukkur Motorway to Urbanize Under-Developed Regions
Custom Collects China's Recent Present to Pakistan: Three Cargo Scanners
Package of Growth, Hope and Development Underlined for Balochistan under CPEC in NDC Meeting
NDC to Approve Gwadar Master Plan in its First Session
China earmarks $1 billion grant for various socio-economic projects in Pakistan
Three motorway projects completed under CPEC to open for general public by the end of August
Koreans willing to invest in CPEC
Pakistan and China share an identical world view: Gen Zubair
Pakistani Women to Rejuvenate Chinese Handicraft Industry
Pakistan to learn from the Chinese experience, ensures full support to investors: Chairman BOI
Pakistan and China to cooperate within the taxation domain
Government green signals the $8.2 billion ML-1 project
CPEC authority to get a full shape prior to JCC meeting
CPEC to boost economic growth in Balochistan
Phase II of CPEC to be a catalyst for industrial and agricultural development
Chinese firm Timesaco vows to overhaul the service sector in Pakistan by investing 20 million USD
China keen to enhance cooperation and connectivity through CPEC
Chinese Delegation receives flowers from the students of SBK Womens University Quetta
CPEC will reinvigorate Pakistan's economic conditions: Cheng Xizhong
Formation of CPEC authority is a proof of Pakistan's trust in CPEC
Transportation infrastructure overhauled after the completion of Sukkur-Multan Motorway
Speaker National Assembly Asad Qaiser terms China Pakistan relations a symbiosis Speaker National Assembly Asad Qaiser terms China Pakistan relations a symbiosis
CPEC to initiate an era of success for Balochistan
Quetta Declaration unanimously adopted by all major Balochistan political parties and civil society
BOI stresses production of Solar Energy in CPEC SEZs
Upgradation work of ML-1 under CPEC a top priority of the government
Chinese diplomat shows satisfaction on the completion of 11 CPEC Early Harvest Projects