CPEC become one of top regional cooperation projects in world: Ahsan Iqbal

News Image

MG News | April 09, 2018 at 03:54 PM GMT+05:00

0:00

Minister for Planning, Development, and Reforms Ahsan Iqbal on Monday said that China Pakistan Economic Corridor (CPEC) had become one of the top regional cooperation projects in the world which will connect Central Asia, China, and South Asia.

"CPEC is proving to be oxygen for Pakistan as the country's economic growth increased due to huge investment being made in infrastructure and energy sector under the mega project," Ahsan Iqbal said while addressing CEO's Forum at Boao Forum in China.

According to a press release received here, the minister said that all groups and political parties in the country were supporting the project to ensure success of CPEC.

He said Pakistan Vision 2025 was meant not only for development but its main target was also to eradicate poverty from the country.

Iqbal said CPEC helped the country to come out of energy crisis and with the uninterrupted supply of electricity to industries, the industrial production had significantly increased besides creation of thousands of new job opportunities, according to APP.

Regarding Gwadar port, Iqbal said it would emerge as the top sea port of Asia.

He informed that the CPEC projects were approved on the basis of solid feasibility studies.

He said under CPEC, nine industrial zones were being constructed across the country which will create numerous new jobs.

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg