Prime Minister Nawaz Sharif has summoned a meeting of the Federal Cabinet today on Thursday to review the “game changer” China Pakistan Economic Corridor (CPEC) projects, current situation in Held Kashmir, political scenario of the country and important projects.
Minister for Planning, Development and Reforms, Ahsan Iqbal will give a detailed presentation on the CPEC projects along with progress on each project and the viewpoint of Chinese government.
The meeting will also approve Joint Venture (JV) Policy for Land Banking in collaboration with private sector. Ministry of Housing and Works has increased its land from 3000 Kanals in 2014 to 27366 Kanals in F-14, F-15, village Tuma Morial and Bara Kahu.
All the land has been acquired under the Land Acquisition Act 1984. In addition to this, process to acquire additional land of 17376 Kanals is also in progress.
The cabinet will accord approval to Memorandum of Understanding (MoU) between Government of Pakistan (GoP and Government of Turkmenistan on defence cooperation.
Other items of the agenda will be as follows
(i) ex-post facto approval for signing of loan agreement for energy sectors reforms program-II between GoP and Jica; (ii) in principle approval for MoU between Office of Auditor General of Pakistan and the National Audit Department of Malaysia on cooperation in public sector auditing; (iii) approval for signing bilateral MoU between Supreme Audit office of Vietnam on cooperation in public sector auditing; (iv) approval for initiation of negotiations between State Bank of Pakistan (SBP) and Central Bank of Russia on signing of MoU on “Banking Supervisory Cooperation”;(v) approval for signing of agreement between Pakistan and Turkmenistan on abolition of visa for holders of diplomatic passports; (vii) approval for signing the negotiated Treaty on extradition between Pakistan and Kazakhstan; and (viii) approval in principle for initiating negotiations on the MoU between GoP and Kenya on cooperation in combating illicit trafficking and abuse of narcotic drugs, psychotropic substances and their precursors.
The sources said the Cabinet is also expected to discuss strategy to deal with agitation announced by the government’s main political rival party PTI and Pakistan Awami Tehreek (PAT) of Dr Tahirul Qadri.
Opposition parties have also submitted references to the Speaker National Assembly, Sardar Ayaz Sadiq seeking the Prime Minister’s disqualification, alleging that he had concealed details of his assets in the nomination papers submitted for 2013 general elections.
The sources said, “it’s going to be a one-point agenda Federal Cabinet meeting where the Prime Minister will be briefed on major communications projects which include the construction of Gwadar airport which will be handling even the biggest aircraft of the world A-380”.
Sources said the PM will also discuss the ongoing progress on Karakuram Highway Phase 2.
They said Gwadar airport is being constructed at a cost of over $300 million. The sources said all the power plants proposed within the framework of the CPEC package will be figured out at today’s Cabinet meeting.
The Secretary Economic Affairs Division Tariq Bajwa, who prepared the agenda, will give a briefing to the Prime Minister on a 300-bed state of the art hospital being constructed in Gwadar.
The sources said the Cabinet will discuss threadbare main communication projects which especially deal with connecting Gwadar Port with the rest of the country.
“Maritime Development will be discussed at threadbare,” the sources said, adding “other than these projects the PM will also receive a briefing on Vocational Centre being established in Gwadar. –Business Recorder