CPEC energy projects: China agrees to resolve issues: Umar
CPEC energy projects: China agrees to resolve issues: Umar

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar said that China had agreed for a bilateral mechanism for resolving issues pertaining to the China-Pakistan Economic Corridor (CPEC) energy projects. The minister expressed these views while interacting with journalists on Monday.

Answering a question about the inquiry commission report on Independent Power Projects (IPPs), he said, the report was not made public as it is linked to the sensitivity of relations with China.

The minister said that work on the ML-I railway project would be started next year.

He said that work on three Special Economic Zones would be started including Rashakai Special Economic Zone in Khyber-Pakhtunkhwa, Bostan Economic Zone in Balochistan, and Allama Iqbal Economic Zone in Punjab.

He said that Rs77 billion had been allocated for the CPEC development projects.

Umar said that Pakistan Tehreek-e-Insaf (PTI) government gave the most importance to Balochistan province.

He said in Balochistan there was a big issue of water shortage.

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We are initiating projects for the construction of Naulong and Wander dams to tackle the water crises in the province, Umar added.

Answering another question, the minister said, “I had a stand on the Pakistan Steel Mills but now I accept the decision of the Cabinet.”

He said that a shortage of water was a big issue of Karachi and we would complete the projects related to it as soon as possible.

Umar said that we would start phase one of the Circular Railway project and we have allocated Rs11 billion for the Green Line project for Karachi city.

He said that the PTI government would expend Rs100 billion for the merged area of FATA in Khyber-Pakhtunkhwa.

The minister said that the government had spent Rs444 billion development budget in the current fiscal year, while the total budget was Rs551 billion.

He said that a total of Rs70 billion had been allocated for the prevention of the COVID-19 disease for the next fiscal year.

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He said that a total of Rs35 billion had been allocated for higher education for the next budget.

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