Federal Minister for Finance and Revenue, Industries and Production Muhammad Hammad Azhar conducted an important meeting regarding economic and industrial cooperation under China Pakistan Economic Cooperation (CPEC) at the Finance Division.
Chairman CPEC Authority Lt. Gen (R) Asim Saleem Bajwa, His Excellency Ambassador of the People’s Republic of China Mr. Nong Rong, F, and Federal Minister for Privatization Muhammad Mian Soomro, Federal Secretary Finance Division, and Federal Secretary Privatization Commission attended the meeting.
During opening remarks, Minister for Finance and Revenue Hammad Azhar said that China-Pakistan Economic Corridor (CPEC) is of utter importance for Pakistan’s economy.
It will enable the country to enhance industrial production, upgrade energy and communication infrastructure and improve connectivity with the region.
The CPEC would generate abundant employment and investment opportunities in Pakistan and beyond, he added.
The H.E. Chinese Ambassador speaking on the occasion outlined that CPEC is of immense importance for the Chinese companies and will expand and strengthen economic cooperation for achieving common objectives and guarantee a prosperous future for both nations.
Hammad Azhar the Finance Minister emphasized the need for the early expedition of projects falling under the umbrella of CPEC.
Time is of the essence in meeting project deadlines so that the economic benefits could reach the people of both the countries and contribute towards overall economic growth and development, he stressed.
Lt. Gen (R) Asim Saleem Bajwa, the Chairman CPEC Authority assured full support and assistance to the Chinese Ambassador for expediting progress in the communication and transportation sectors on the occasion.