PM says he is personally overseeing game changer CPEC project

ISLAMABAD, July 12 (APP): Prime Minister Muhammad Nawaz Sharif on Tuesday said he was personally overseeing the progress of China Pakistan Economic Corridor (CPEC) project which had the potential to change the lives of millions of people living in the region.

The Prime Minister expressed these views in a meeting with a delegation led by Sheikh Nahyan bin Mubarak Al Nahyan, Chairman Warid Telecom International and chairman of the Abu Dhabi Group, Union National Bank and United Bank Limited at his Raiwind residence.

The Prime Minister said the 34 billion US dollars project would connect the entire region through construction of quality road network and railway tracks.

He said his government had made choices to put the country on track to attain durable peace, sustainable economic growth and massive infrastructure development.

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He mentioned that Karachi operation was carried out in consultation with all stakeholders which helped a great deal in restoration of peace in the mega city.

The Prime Minister expressed his satisfaction over the success of Operation Zarb-e-Azb to wipe out terrorists from the country.

He said the government had ensured uninterrupted power supply to industrial sector and vowed to overcome energy shortage in the country by 2018.

Also, he said the transparent agreements for Liquified Natural Gas (LNG) would help overcoming gas shortage by next year.

The Prime Minister recalled that he had made Islamabad-Lahore motorway in 1990’s and at present, 13 more motorways were under construction with an investment of Rs 900 billion which would cross Rs. 1 trillion by the year’s end.

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Sheikh Nahyan bin Mubarak Al Nahyan extended his heartfelt congratulations on the successful surgery and consequent recovery of the Prime Minister.

Appreciating the leadership role of the Prime Minister, the Sheikh Nahyan said Pakistan had shown tremendous improvement in almost all sectors of the economy over the last three years.

He said Pakistan was fast becoming an ideal destination for foreign investors owing to the transparent, fair and incentives based investment polices of the government.

“Your leadership has enabled Pakistan to witness rapid economic growth and attract foreign investment. You have greatly helped your country in achieving its true image worldwide”, Sheikh Nahyan said.

Other delegates were included Chief Executive Officers (CEO) of VimpelCom Ltd, Mobilink, Alfalah Bank and members Board of Directors Abu Dhabi Group.