Pakistan minister Ahsan Iqbal says country faces coordination gap in building CPEC

Pakistan faces some challenges in steering an ambitious plan to build an economic corridor with China despite the economic benefits for the country, Planning Minister Ahsan Iqbal said on Wednesday.

China, Pakistan. Representational image. Reuters

Representational image. Reuters

China has promised $57 billion in investment in projects along the China-Pakistan Economic Corridor (CPEC), part of its ambitious Belt and Road plan linking China with the Middle East and Europe.

Chinese President Xi Jinping proposed the Belt and Road project in 2013, but it is still short on specifics.

"There are a number of challenges which have to be addressed," Iqbal, the Islamabad lead on the project, told the World Economic Forum in the northeastern city of Dalian.

"There are actually many gaps that we have to correctly address. First and foremost is the coordination gap," he said.

Iqbal said he had chaired many ministerial meetings over the past two years to push through the red-tape and coordinate polices among government ministries, he said.

"There are also challenges in terms of different regions," he said, adding that provinces are competing for greater opportunities in the project.

The government has built a mechanism to coordinate with "internal and external stakeholders" in the scheme, he said without elaborating.

Pakistan and China aim to build a network of rail, road and energy infrastructure as part of the Belt and Road initiative.

Pakistan has been one of the most enthusiastic supporters of the initiative, in part because many projects are for power plants to alleviate the country's decade-long energy shortage that sees frequent blackouts.


Updated Date: Jun 28, 2017 12:29 PM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See