Home Business 28 projects worth $18.8 billion completed in Pakistan under CPEC

28 projects worth $18.8 billion completed in Pakistan under CPEC

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ISLAMABAD, Oct 17, (INP-WealthPK): As many as 28 projects have been completed at a cost of $18.8 billion under China-Pakistan Economic Corridor (CPEC).

The completed projects include 12 in the energy sector, 10 in infrastructure development and six in the socio-economic development sector.

In a written reply to the National Assembly available with WealthPK, Minister for Planning, Development and Special Initiatives Ahsan Iqbal Chaudhry said that six projects in Punjab, seven in Sindh, two in Khyber Pakhtunkhwa, six in Balochistan, one in Gilgit-Baltistan, one in Azad Jammu and Kashmir and five in Islamabad were completed under the CPEC.

Currently, nine special economic zones (SEZs) have been agreed upon under CPEC, namely Allama Iqbal Industrial City Faisalabad, Punjab; Rashakai SEZ, Khyber Pakhtunkhwa; Dhabeji SEZ, Sindh; Bostan SEZ; Mirpur SEZ, AJK; ICT Model City Islamabad; Industrial Park on Pakistan Still Mills Land Karachi; Mohmand Marbal City, former FATA and Maqpandass SEZ, Gilgit.

“Of these nine SEZs, the Federal Board of Investment in consultation with the Chinese has prioritised Allama Iqbal Industrial City, Rashakai SEZ, Bostan SEZ and Dhabeji SEZ,” the minister said in the written reply.

 

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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