Islamabad (Web Desk): President Dr Arif Alvi has promulgated an Ordinance for establishment of the China Pakistan Economic Corridor (CPEC) Authority.
The establishment of the CPEC Authority is aimed at accelerating the pace of CPEC related activities, find new drivers of growth, unlock the potential of interlinked production network and global value chains through regional and global connectivity.
The Ordinance extends to the whole of Pakistan. Section 1 of the Ordinance shall come into force at once, and other provisions shall come into force on such dates as the prime minister may, by notification in the official gazette, appoint.
Prime Minister Imran Khan has also reached in Beijing on a crucial visit to China where he will apprise the Chinese leadership of Pakistani government's recent landmark decisions to speed-up implementation of ongoing CPEC projects.
