Pakistan to restore the confidence of the Chinese investors, Planning Minister tells Chinese Charge d’ Affairs

Islamabad: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said that new Pakistani government will restore the confidence of the Chinese investors by expediting work on the China-Pakistan Economic Corridor (CPEC) projects.

In a meeting, the minister told the Chinese Charge d’ Affairs to Pakistan, Pang Chunxue that progress in CPEC had been expedited since the new government came into power and regular meetings were being held for the implementation of the projects.

“My top priority is to expedite the CPEC projects to restore the confidence of the Chinese investors,” he informed Pang Chunxue.

The minister stressed that the incumbent government will maintain a lasting working relationship with China in the same spirit as it was in 2013.

This is unfortunate that during the last four years there were no Special Economic Zones which lead to a downturn in investment from Chinese investors, he added.

During the meeting, the minister stressed that Prime Minister Shahbaz Sharif had already requested China to add Karachi Circular Railway (KCR) project into CPEC.

Ahsan Iqbal also urged the Chinese official to resolve the issues of Pakistani students studying in China. In this connection, 200 students are being issued visas so that they complete their studies in China.

The minister also suggested that Pakistan and China should start working on Space Technology and said that Pakistani astronauts should be given the opportunity to go to space with the Chinese. This act will further take the relationship between the two countries to new heights higher than the skies, he added.

The minister also pointed to the shortage of water in Karachi and asked the Chinese official to collaborate in establishing desalination plants in the city to overcome the paucity of clean drinking water.

Pang Chunxue appreciated the steps taken by the minister since he took charge of the ministry this month. She assured to extend full support of China to uplift the water-related projects.