Business Forum established to materialize true potential of CPEC

Federal Minister for Planning, Development and Reform, Makhdum Khusro Bakhtyar said that the Senate special committee on China-Pakistan Economic Corridor (CPEC) has decided to establish CPEC Business Forum to tap true potential of this important corridor.

Talking to media after the committee meeting, the minister said that the formation of the forum was being deliberated since long and now its establishment has formally been decided.

He said that members of the forum have already been finalized which would include representatives from business sectors, chambers, business councils and other sectors of the economy.

Besides, the committee on CPEC will hold a meeting on Friday (tomorrow) to review a number of projects. The committee will also get a briefing on investments being made by Saudi Arabia and the United Arab Emirates (UAE) in Gwadar.

Importantly, ‘laying of fibre-optic cable along the CPEC routes” will be reviewed after a briefing.

The committee members will receive a briefing from the officials concerned on the “latest position of investment by Saudi Arabia and the United Arab Emirates in Gwadar’s Oil City.

Source: Duniya News

Date: 14th March 2019

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