ISLAMABAD: Senator Saleem Mandviwala, Chairman Senate standing committee on Finance has said that Former President Asif Ali Zardari has supported the concept of China-Pakistan Economic Corridor (CPEC) and presented a policy to integrate Pakistan’s economy into Chinese, because of his broader vision.
This projected has reached its implementing stage now, and the Present government must not change the original policy on CPEC. He said this before leaving to China on a three day visit with parliamentary delegation.
In a statement issued here from his office, Senator Mandviwala said the project was started by the Pakistan People’s Party (PPP) government to help China and Pakistan economies and to strengthen economic ties. The project was started to integrate Pakistan’s economy into Chinese economy and vice versa.
He said that PPP government initiated the CPEC when the International donors and the western world were not willing to fund these projects. Chinese government has established an infrastructure bank which will fund the infrastructure project of CPEC.
He asked the present government to take all political parties and provinces on board and fulfil the commitment of Prime Minister Nawaz Sharif given in All Parties Conference, according to that PM has assured all parties to complete western route of CPEC on priority basis.
He was of the view that the government has not clarified its position on Western and Eastern routes of CPEC nor allocated the required funds for the western rout in the current budget.
He demanded that government must take all the political parties and provinces on one page to complete these national projects successfully. The parliamentary delegation will be visiting from August 10 to 13th. During the visit participants will be meeting with the high ups of Chinese government and companies.