CPEC to be monitored, executed by private, public sectors together

on 09/10/2019

The federal government is setting up an authority to monitor and facilitate timely completion of China Pakistan Economic Corridor (CPEC). How useful have been such bodies is yet to be assessed!
This authority would work as a secretariat for the projects which are under execution in the second phase of the initiative. The first phase of this multi-billion project was handled during PML-N’s rule.
PTI’s predecessors had also constituted a unit which was named as ‘Prime Ministers Performance Delivery Unit’ and they claimed it was aimed at speeding up the implementation of the CPEC projects. However, the PTI government abandoned the unit in September 2018 for the reasons best known to it. Khusro Bakhtyar, the Federal Minister for Planning says the new body will monitor and facilitate early completion of CPEC projects. They intend to move a bill for the establishment of such authority. It merits mentioning that In 2015, the Nawaz Sharif government had established the Prime Ministers Performance Delivery Unit which the PTI government closed down just after coming into power. Now, the secretariat of that unit would be upgraded into the proposed authority.
This authority would not be run by the government officers alone. Bakhtyar said they would also bring people from the private sector.
Along with the authority, Pakistan-China Business Council (PCBC) is also being established with a view to including people from the private sector to implement industrial and agriculture development projects. Pakistan has already submitted names of Pakistani businessmen for the council, he says.
The PML – N got an opportunity to implement energy and infrastructure projects in the first phase of CPEC and did it pretty well.
Now, the PTI has a second phase of the EPEC to be executed. It includes agriculture, industrial and socio-economic development sectors projects. – ER Report