All reservations on CPEC removed: Ahsan

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal on Friday said that all the reservations on China Pakistan Economic Corridor (CPEC) project have been removed by the government.

Addressing a book launching ‘China’s stories China’s success How China transformed in the past 40 years’ by SM Hali, he said: “There was a complete consensus, harmony and unity among all the political parties and their leadership on the CPEC.”

The minister said that this project of national importance signed in 2013 had been materialized within two years with the efforts of leadership of two countries.

“Within two years, the US$ 46 billion investment from the Chinese government is reflective of time tested friendship,” he said.

He said that the projects would be implemented under the CPEC initiative included energy and development of infrastructure.

Ahsan said the impression was being created that public sector would not be able to implement the projects signed by the Pakistan and China.

“We have fulfilled the promises made with China and all the obligations in this regard,” he said.

The minister said: “We are ahead of time-frame given for the implementation of the project.”

He said that chief ministers of Balochistan and Khyber Pakhtunkhwa (KPK) provinces had also expressed their complete confidence over the project of national importance.

Ahsan Iqbal opined that investors always preferred to invest in a peaceful country where their investment was fully protected.

“Pakistan can become destination of foreign direct investment if we are able to create harmony and political stability,” he said.

He said Pakistan had been put on the path of economic progress and prosperity. The Minister expressed the confidence that Pakistan will become top 10 economies of the world as indicated in `Vision 2025′.

He said that economic indicators, security situation and energy sector all are showing improvement. The Minister also appreciated S. M Hali forwriting excellent book.