Federal Minister for Planning, Development and Special Initiatives Asad Umar has emphasised the need to encourage investments from the Chinese side in Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor (CPEC). He said it while chairing a consultative meeting to review the preparations for the upcoming 10th Joint Cooperation Committee (JCC) meeting on CPEC.
The minister stressed the need to enhance business-to-business linkages between China and Pakistan; facilitate increased investment from the Chinese enterprises,enhance industrial competitiveness of business in Pakistan; through technology transfer, world class managerial and industrial practices, and skills transfer.
Progress on prioritised SEZs under the CPEC including Rashakai, Dhabeji, Allama Iqbal Industrial City (M3) was also reviewed at the meeting.
All the conveners of the respective Joint Working Groups (JWGs) under the CPEC framework including the secretary planning, chairman CPEC Authority, secretary communications, secretary foreign affairs, officials from the line ministries, and representatives from relevant departments attended the meeting.
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