Development Projects approved by CCoCPEC

The Cabinet Committee on China-Pakistan Economic Corridor (CCoCPEC) has approved several development projects. This includes realignment of KKH from Thakot to Raikot with the provision of utilities for CPEC Special Economic Zones (SEZ). The also includes the implementation plan for vacation of Pakistan Coast Guards (PCG) and Pakistan Navy (PN) land at Shamba Ismail, Gwadar and establishment of CPEC Business and Industrial Cooperation Tower. The projects were approved in a meeting chaired by Minister of Planning, Development and Special Initiatives Asad Umar. The meeting was attended by Federal Minister for Interior Sheikh Rashid, Federal Minister for Economic Affairs Omar Ayub Khan, Finance Minister Shaukat Tarin, Special Assistant to Prime Minister on CPEC Affairs Khalid Mansoor, and other relevant stakeholders. Secretary Ministry of Communication informed the meeting that PC-II for the realignment of KKH 250km was approved by the Departmental Development Working Party (DDWP) and after that NESPAK has engaged to carry out the feasibility study. The Minister for Planning, Development and Special Initiatives directed Ministry of Communications specially the National Highways Authority (NHA) and the relevant stakeholders to meet the deadline for project completion. The meeting also discussed the implementation plan for vacation of PCG and PN land at Shamba Ismail Gwadar in length. The meeting also approved the establishment of CPEC Business and Industrial Cooperation Tower in Islamabad with Public Private Partnership basis and the Capital Development Authority (CDA) will be engaged for land acquisition. Moreover, under this project eight multistory CPEC Towers including in Islamabad will be established.