CPEC Projects Progressing Fast Under Current Govt: Asad Umar
Umer Jamshaid 16 days ago Sun 04th April 2021 | 04:40 PM
KARACHI, (UrduPoint / Pakistan Point News - 4th Apr, 2021 ) :Federal Minister for Planning and Development Asad Umar on Sunday said the projects under China Pakistan Economic Corridor (CPEC) were progressing with fast pace during the tenure of incumbent government.
The way government handled pandemic situation and made efforts to contain the spread of pandemic COVID-19, it would also continue working day and night for the success of the CPEC, he said while addressing the reception ceremony of first consignment, carrying equipment and machinery for Century Steel at Karachi Port, for setting up of a steel mill in Rashakai Special Economic Zone.
Asad Umar said the CPEC was now entering into the most important second phase. The projects were now not limited to infrastructure only.
The firm would also employ over 600 Pakistanis during construction phase while in second phase over 1000 people would be provided jobs.
Chinese Consul General in Karachi Li Bijian speaking on the occasion said due to the concerted efforts of the government of Pakistan, the economy of the country was strengthening and gaining momentum despite the negative effect of global pandemic, especially the construction sector had been witnessing faster growth and the demand for steel had increased.
Li Bijian said, "We are quite confident to attract more and more investments in Rashakai SEZ".
He said it was an honor for him to witness the reception of first consignment carrying equipment and machinery for Century Steel was only a beginning.