The Prime Minister said that the Second Phase of CPEC will be Agreed Upon Soon

The Prime Minister said that the Second Phase of CPEC will be Agreed Upon Soon

The Prime Minister announced that China and Pakistan will soon sign the China-Pakistan Economic Corridor (CPEC) Phase 2 agreement. This upcoming phase will focus on the establishment of economic zones across the country to boost economic activities, along with initiating the construction of the ML-I Railway Project. According to the Prime Minister, this advancement in the CPEC will significantly accelerate economic development, highlighting the strong relationship shared between Pakistan and China.

The Prime Minister has emphasized Pakistan’s dedication to advancing technological progress and agricultural enhancement via the corridor initiative. He stressed the significance of initiatives such as the China-Pakistan Economic Corridor (CPEC) and the Belt and Road Initiative (BRI project) in fostering widespread economic development and enhancing connections across the region.

Read More: CDA Approves Pakistan’s Largest IT Park In Islamabad

He also outlined efforts to leverage Chinese knowledge to promote economic growth and job creation by optimizing investment processes and strengthening cooperation in essential industries such as steel and textiles.

PM expressed appreciation for the critical role of collaborative efforts with China in advancing clean energy solutions and achieving sustainability objectives. He conveyed his thanks for China’s constant support in furthering Pakistan’s economic growth. Furthermore, he emphasized, “We have pledged to support each other and stand united in all conditions,” underscoring the enduring partnership and shared commitments between Pakistan and China.

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