China to provide $1 billion for socio economic development: Khusro Bakhtyar

Khusro Bakhtyar
Minister for Planning and Development Khusro Bakhtyar says China will provide one billion dollars grant for socio economic development in Pakistan.

Addressing China-Pakistan Economic Corridor forum in Islamabad on Friday, he said cooperation in education, health, water, poverty alleviation and other sectors has been included in socio-economic development.

The Minister said industrial and agricultural development will be focused in the next phase of CPEC.

He urged the private sector to take lead in industrial development. He said cooperation in industrial sector will further strengthen relationship between Pakistan and China.

Khusro Bakhtyar said China has offered free access for export of 313 Pakistani items.

He said the PTI government wants to increase business opportunities under CPEC; and for the purpose, Pakistan-China Business Forum is being set up.

He said memorandum of understanding has been signed with China for establishing foot and mouth disease free zones.

Khusro Bakhtyar said huge investment was made in energy sector under CPEC in Pakistan during the last six years.

He said in infrastructure sector, railway network and development of coastal areas, including Gwadar Port, are being given special importance. He said Gwadar Master Plan will give impetus to economic activity in Gwadar.

He said Pakistan desires to benefit from Chinese experience in different sectors, including livestock, fishing and research.

The Minister said structural reforms are being introduced in the country. The government is committed to strengthening of institutions. He said tax net will have to be expanded to increase economic growth. He said measures are being taken to enhance exports.



from Latest News - SUCH TV http://bit.ly/2KqXen2
Share:

Related Posts:

No comments:

Post a Comment

Categories

Ordered List

  1. Lorem ipsum dolor sit amet, consectetuer adipiscing elit.
  2. Aliquam tincidunt mauris eu risus.
  3. Vestibulum auctor dapibus neque.

Sample Text

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation test link ullamco laboris nisi ut aliquip ex ea commodo consequat.

Definition List

Definition list
Consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Lorem ipsum dolor sit amet
Consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Support

Need our help to upload or customize this blogger template? Contact me with details about the theme customization you need.

Pages