ISLAMABAD: Muhammad Sami Saeed, caretaker minister for planning and development, pledged on Tuesday to sustain the pace of ongoing CPEC development projects.
Read more about EL news: DHA Bahawalpur announces surcharge waiver incentive on plots, villas
“The minister expressed a fervent commitment to sustaining the momentum of ongoing CPEC projects,” according to an official statement issued after a briefing session, ostensibly to reassure the Chinese government and investors that a political transition would not hinder the progress of a multibillion-dollar bilateral initiative.
According to the statement, the minister led a comprehensive meeting to review the progress of CPEC-related development initiatives. Senior officials from the CPEC secretariat and affiliated branches of the Ministry of Planning, including Secretary Planning Zafar Ali Shah, attended the meeting.
The minister stated that the transitional government will maintain the momentum of key development initiatives. Underscoring the transformative potential of CPEC, the minister reaffirmed the provisional government’s mandate to “maintain the acceleration of all development initiatives, with CPEC receiving the highest priority.”
He instructed all relevant departments and ministries to work in close coordination and cooperation to sustain the current rate of development so that the transition period would not impede the development process. According to the statement, he believes that CPEC will considerably boost development in the region and in Pakistan.
In addition, he called for an effective oversight mechanism to be incorporated into the implementation process of CPEC initiatives in order to maximize their potential and resource utilization.