Businessmen call for measures to advance CPEC projects on priority

ISLAMABAD, NOV 13 (Online): The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel, showing concern over the negligible progress and slow pace of development on CPEC, has stressed the need for expediting the completion of projects associated with the multi-billion-dollar China Pakistan Economic Corridor.

The FPCCI’s presidential candidate for 2021-22 elections nominated by the BMP, Irfan Iqbal Sheikh, pointed out that the investors were not satisfied with the pace of work on CPEC and no progress on the portfolio was seen during the last three years, calling for measures to advance the CPEC projects, maintaining that the second phase will prove to be instrumental in consolidating Pakistan’s economic development.

He said the all-weather strategic cooperative partnership between the two countries has served the fundamental interests of the two allies and contributed to peace, development and stability in the region.

Terming the multi-billion-dollar China Pakistan Economic Corridor project pivotal to accelerating Pakistan’s economic development and regional prosperity, he observed that the expeditious completion of the CPEC projects should be the foremost priority of the government.

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