The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Thursday observed that facilitating trade and enhancing investments in the country were the long-term envisaged goals of the corridor project and that the success of the mega project hinged upon effective and timely operationalisation of Gwadar and special economic zones (SEZs).
The 30th meeting of the Parliamentary Committee on CPEC was held in the Parliament House under the chairmanship of MNA Sher Ali Arbab.
The committee expressed concern over the impediments in implementation of axle load management policy in the country observing they had caused exponential damage to road infrastructure and huge cost implications.
The panel noted that the communications ministry may resolve such issues by calling consultative meeting with all the transport departments of provinces and regions, industrialists and other stakeholders to seek their input and implement Axle Load Policy in true spirit.
The body further observed that Chashma Right Bank Canal could be a viable and inventive project for agricultural production.
It was agreed that after completion of feasibility study on Chashma Right Bank Canal, the committee would thoroughly examine the project and if need be negotiations with Chinese government would be initiated to place the project under CPEC framework.
The chairman remarked that the efforts taken by the interior ministry to avoid delays and expedite the issuance of work visas by introducing online facility would greatly benefit Pakistan in ensuring smooth movement of people, commodities and marked increase in trade and investment.
The panel noted that the Afghans were highly desirous of investing in Pakistan.
It was discussed that by introducing such facilities, Pakistan would be able to attract more investment from the Afghan side, which due to absence of facilities was diverted to other neighbouring countries.
The committee deferred the briefing on Gwadar fencing project to provide sufficient time to the concerned for preparing an inclusive briefing in the next meeting.
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