CPEC Projects Islamabad: Pakistan, a nation which considers China as a key ally, has completed only three China-Pakistan Economic Corridor (CPEC) projects in Gwadar having value of over $300 million, media reports said on Monday.
According to the CPEC authority, one-dozen schemes costing nearly $2 billion remain unfinished which include water supply and electricity provision.
According to the CPEC Authority, the progress review of the projects revealed that all the schemes having socio-economic benefits for Gwadar – considered as the crown jewel of CPEC – were falling behind their original completion schedules, reports The Express Tribune.
The CPEC Authority, which Planning Minister Ahsan Iqbal wants to wrap up, gave the status update report to the new government last month.
CPEC remained dormant during most of the time of the previous PTI government but lately there had been some progress after the last political regime brought in Khalid Mansoor as special assistant to the PM on CPEC affairs. Yet, he could not take these schemes across the finishing line, the newspaper reported.
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