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Cabinet committee meeting on CPEC decided to prese nt the CPEC Authority's draft act before the federal cabinet for approval.

  • August 27, 2019
Cabinet committee meeting on CPEC decided to prese nt the CPEC Authority's draft act before the federal cabinet for approval.
Image caption Cabinet committee meeting on CPEC decided to prese nt the CPEC Authority's draft act before the federal cabinet for approval.

ISLAMABAD: Federal Minister for Planning, Development, and Reform Makhdum Khusro Bakhtyar on Monday chaired a meeting of the Cabinet Committee on China-Pakistan Economic Corridor (CPEC) to review progress on various projects being undertaken under the CPEC framework.

Federal Minister for Railways Sheikh Rasheed, Minister for Maritime Affairs Ali Zaidi, Advisor to PM on Commerce, Textile and Industry Abdul Razzak Dawood, DCPC Dr Jahanzeb Khan, Secretary Planning Zafar Hasan, secretaries of different ministries, members Planning Commission and senior officials from provincial governments were in attendance.

The secretary planning gave a detailed presentation on various projects under the CPEC framework.

The Committee decided that discussion with regard to financing of ML-1 project should be commenced to finalise the mode and PC-1 of the project.

Bakhtyar reiterated that it is a very important project under CPEC portfolio and the incumbent government is committed to fast track it.

He apprised that CPEC is now entering into the next phase with the incorporation of new additional areas and for this purpose, there is a need for an integrated entity in the form of CPEC Authority.

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