Home »Business and Economy » Pakistan » China assures all-out support to KPK for development
President, China-Pakistan Friendship Association, Sha Zhu Kang assured Chief Minister, Khyber-Pakhtunkhwa Pervez Khattak that his country would extend all out support to his province for its rapid development under CPEC.He said the Chinese companies will continue to work in Khyber Pakhtunkhwa and providing job opportunities to a large number of locals.

The Chief Minister led a 160-member delegation to Beijing to hold a roadshow to invite Chinese investors for investment in KP projects under and outside CPEC.

According to provincial minister and spokesman of the KPK's government Mushtaq Ghani, the delegation received a big support form the Chinese side. Terming the visit as highly productive, he said it will have far-reaching impact on the development of the province under CPEC.

The Road-show was a big event, and contributed a lot to strengthening their cooperative partnership in various areas of bilateral interest. The Chief Minister, he said strongly pleaded the cause of the province and succeeded to bring heavy investment for his province.

Zhu Kang said, the success of One Belt and Road Initiative is linked with the CPEC as it is pilot project of the initiative. This project will not only benefit both China and Pakistan but it is beneficial for regional and global economic growth and all the countries and economies along the One Belt One Road Initiative will benefit from it, he added. During the two-days road in China, CM KP highlighted big investment opportunities offered to Chinese public and private sector entrepreneurs in different sectors including energy, railway track, roads, industrial park, cement factories, tourism and agriculture which would be part the CPEC.

Chief Minister elaborating the agenda of roadshow to media said he was looking forward to sign agreements with Chinese companies for development of energy and transport infrastructure projects in the province.

"The Chinese companies would be offered to invest in these projects including 1200 MW hydel power generation project, running of fast train to link Peshawar with Charsadda, Mardan, Swabi and Nowshera and construction of a road to connect Chakdara with Gilgit via Chitral," he told newsmen.

At the end of road show, KP government signed 11 Memorandum of Understanding (MOUs) with the Chinese Companies for completion of various development projects under CPEC framework in the province.

Copyright Independent News Pakistan, 2017

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