Pak govt to expedite chinese-aided projects

Islamabad: The government said that the work on projects being launched with the Chinese assistance would be expedited for speedy completion of the schemes that are important for the national economy. This assurance was given by the deputy chairman Planning Commission Salman Faruqui in a meeting with Chinese Ambassador Lou Zhaohui.

Both discussed the progress on the development projects being executed by Chinese companies in Pakistan. The issues relating to Pak-China Friendship Center in Islamabad, Pak-China Friendship Center in Beijing, Thar Coal Field Block-2, Mining and Power Generation Projects, Reqodiq Copper Project and Pakistan China Haier Ruba Industrial Zone were discussed in the meeting.

Faruqui informed the ambassador that most of administrative and financial matters relating to Chinese projects have been resolved at appropriate level and instructions have been issued to facilitate Chinese companies. The Chinese ambassador expressed his satisfaction over the efforts made by the government of Pakistan to remove the impediments in the projects and hoped speedy completion of the projects.

Faruqui asked the ministries to extend maximum administrative, logistical and financial facilities to these companies. He said the Chinese investment in these projects would help bring macroeconomic stability in Pakistan. Secretaries/representatives of the Ministries of Foreign Affairs, Petroleum and Natural Resources, Culture, Board of Investment, Railways, Communication, Water and Power also attended the meeting.