Minister seeks report over dysfunctional CPEC Center of Excellence

News Image

MG News | April 21, 2022 at 10:50 PM GMT+05:00

0:00

April 21, 2022: Professor Ahsan Iqbal, federal minister for Planning Development & Special Initiatives (PD&SI) expressed displeasure over the dysfunctionality of the Center of Excellence for China-Pakistan Economic Corridor (CPEC), which was supposed to provide support for CPEC.

The minister expressed concerns while chairing a meeting to review progress on projects initiated under the Ministry of Planning Development & Special Initiatives on Thursday. The meeting was attended by the additional secretary PD&SI, Project Directors and other relevant stakeholders.

During the meeting, three projects related to PIDE came under discussion which includes the Center of Excellence for CPEC, Competitive Grants Program for Policy-Oriented Research and Construction of PIDE Campus, in F-5/2 which were approved by CDWP and DDWP in 2016, 2019 and 2020 respectively.

Center of Excellence was established in Pakistan Institutes Development Economics (PIDE) which could help in better management of program but unfortunately, there is no progress, said the minister. “The idea of the center was to conduct an empirical research which could help in tapping new opportunities,” said the minister while directing Registrar PIDE to submit a complete action plan and their achievements.

 “We have little knowledge about Chinese markets therefore, a quality research center is a dire need of time particularly, in the field of industrial cooperation, he added.

The minister also inquired about the Construction of the PIDE Campus in F-5/2 in Islamabad. The minister was informed that Capital Development Authority CDA has not handed over the plot despite full payment. He directed that possession of land should be taken immediately and work on the construction of the campus must be commenced without further delay.

 During the meeting, the minister also reviewed several development projects which include Integrated Energy Planning, Strengthening of Civil Registration and Vital Statistics CVRS System, Social Sector Accelerator SSA) for Health, Nutrition, Education, Youth and Green Line Bus Transit System, Operationalization of Green Line BRTS and several others. 

The minister directed relevant Project Directors to submit action plans for their projects so the performance could be evaluated.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 152,740.38
147.44M
-1.01%
-1551.88
ALLSHR 91,858.47
324.25M
-0.86%
-800.10
KSE30 46,223.61
86.89M
-1.45%
-681.25
KMI30 219,130.92
66.08M
-1.15%
-2553.50
KMIALLSHR 59,625.28
139.61M
-0.93%
-562.17
BKTi 42,104.46
39.09M
-2.02%
-866.56
OGTi 32,077.87
10.13M
-1.27%
-414.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,470.00 71,755.00
68,835.00
-645.00
-0.91%
BRENT CRUDE 105.55 119.13
104.20
-1.83
-1.70%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.80
-10.61%
ROTTERDAM COAL MONTHLY 123.30 123.30
123.00
2.10
1.73%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 93.36 100.48
92.10
-2.10
-2.20%
SUGAR #11 WORLD 15.42 15.49
14.76
0.62
4.19%

Chart of the Day


Latest News
March 19, 2026 at 03:56 PM GMT+05:00

PKR holds firm, closes flat against USD


March 19, 2026 at 03:41 PM GMT+05:00

CCP approves merger of Cyan, DH Partners into DLL


March 19, 2026 at 03:03 PM GMT+05:00

Oil spikes on rising Middle East tensions


March 19, 2026 at 03:01 PM GMT+05:00

Govt approves sweeping key legislation measures



Top 5 things to watch in this week

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