Chinese Vice President Wang Qishan during his 3 day official visit to Pakistan inaugurated a number of projects along with Prime Minister Imran Khan and the two leaders witnessed signing of several agreements.
The first project inaugurated by Chinese VP was the laying of transmission line of 660kv between Matiari and Lahore. This transmission line will transmit power from coal based plants located at Thar, Port Qasim and Hub. The project would have the capacity to supply 2000 MW with 10 percent overloaded capability for two hours.
A plaque for Rashakai Special Economic Zone (RSEZ) project was also unveiled by the 2 leaders. RSEZ is critical for the promotion of industrialization through optimally priced, world-class industrial infrastructure in Khyber Pakhtunkhwa. It is located at the junction of Karakoram Corridor and ML-1 development corridor.
The ceremony also included the launching of Huawei Technical Support Center which is set to be established in Pakistan as part of Chinese tech giant’s commitment to make massive investment in the country.
The Confucious Institute was also inaugurated at the University of Punjab. The institute mainly provides Chinese education, cultural promotion and cultural exchanges and other projects and activities for the students of UoP.
The Chinese VP while sharing his assessment of the progress on the CPEC and the recently launched second phase, observed: “CPEC has come a long way over the past five years… CPEC is rapidly extending to new priority areas including industrial parks and livelihoods.”
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