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Ambassador Hashmi highlights multi-pronged approach for next phase of CPEC

News Desk by News Desk
February 26, 2024
in China, CPEC, Pakistan
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Ambassador Hashmi highlights multi-pronged approach for next phase of CPEC
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As the China-Pakistan Economic Corridor (CPEC) transitions into its next phase, several projects are experiencing renewed momentum, signaling a positive trajectory for bilateral cooperation and economic development.

One such project highlighted in a report by the Global Times is the Karot hydropower project, a significant undertaking aimed at harnessing renewable energy resources in Pakistan. Situated on the Jhelum River, this 720-megawatt hydropower plant has proven its efficacy by generating a remarkable total of 3.1 billion kilowatt hours of electricity in 2023 alone. This accomplishment underscores the vital role of infrastructure projects in addressing Pakistan’s energy needs and promoting sustainable development.

In discussions with the Global Times, Pakistan’s Ambassador to China, Khalil Hashmi, emphasized the comprehensive nature of the upcoming phase of CPEC, which will focus on advancing connectivity, industrialization, and agriculture. He highlighted key initiatives such as the optimization of the ML-1 railway project and the realignment of the Karakoram Highway, signaling the commitment to tangible progress in critical infrastructure development.

Ambassador Hashmi also underscored the importance of prioritizing the security and safety of Chinese personnel and projects involved in CPEC. With continued efforts in this regard, Pakistan aims to create a conducive environment for sustained collaboration and investment, ensuring the successful implementation of CPEC projects.

Overall, the progress witnessed in various CPEC endeavors reflects the deepening partnership between China and Pakistan, as both countries work towards mutual prosperity and regional development. As the next phase unfolds, it is expected that CPEC will continue to serve as a catalyst for economic growth, infrastructure enhancement, and closer bilateral ties between the two nations.

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