ISLAMABAD: China and Pakistan have agreed to hold 6th Joint Coordination Committee (JCC) meeting in
the last week of November to discuss and approve a future roadmap of Pakistan-China Economic Corridor (CPEC) (Paknews).
According to a message received here Wednesday, the representatives of all the provinces would be
invited in the meeting, Federal Minister for Planning, Development and Reforms, Prof Ahsan Iqbal further told
media after his meeting with China’s Vice Chairman of National Development Reforms Commission (NDRC) in Beijing.
He also said China has also agreed to provide concessional loan of $5.5 billion for up-gradation of Karachi-Peshawar
railway track project and after completion of this project, the speed of trains would be enhanced from existing 80 km per
hour to 160 km per hour, he further added.
The Minister informed that China would also expedite the approval of projects for the development of Gwadar.
He said training workshops would be held on the topics of urban planning, rural development, small business,
protection of water resources and industrial zones in an effort to take benefit from China’s experience in this regard.
Ahsan said the CPEC would take Pak-China relations to new heights “even beyond the stars”, adding,
investment of US$ 46 billion would be largest in the history of foreign investments in Pakistan.
He said projects worth $18 billion were in implementation phase while several others projects are in pipeline.
He said projects worth billions of rupee were also being completed in all parts of the country from the budget.