First phase of CPEC projects to be completed by 2017-18: Ahsan Iqbal

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ISLAMABAD, Jan 21 (APP): Minister Planning, Development and Reform Prof. Ahsan Iqbal has said that the first phase of the multi- billion China Pakistan Economic Corridor (CPEC) projects would be completed by 2017-18, second by 2020 and the third by 2030. The CPEC was a long-term broad framework with multiple sectoral projects, which would be completed in different phases through bilateral agreements agreed upon by both sides as a win-win equation. “Prior to the signing of the Memorandum of Understanding (MoU), there was nothing in papers even, and it has been developed to the present shape after series of joint meetings of experts from both sides,” he told media persons here.