The Senate Special Committee on the China-Pakistan Economic Corridor steered a meeting over the alleged irregularities in the contract. The meeting was presided by its convener and Pakistan People’s Party (PPP) senator Taj Haider. The purpose of meeting was to show critical concerns for the loopholes in the tendering process of Karachi-Lahore Motorway. The committee requested for the comprehensive record of CPEC projects from the concerned divisions and asked the government to submit the report in the subsequent meeting.[1]
Speaking in the opening session of the two-day Pak-China Business opportunities conference, the Chinese ambassador to Pakistan Sun Weidong declared that with the 3.6 billion dollar investment, the government of China has instigated its tycoons to invest in Pakistan. He affirmed the efficient execution of the China-Pakistan Economic Corridor (CPEC) project.[2]
The President of Pakistan Mamnoon Hussain also endorsed the significance of CPEC project in the Pak-China bilateral economic terms. Talking about the investment strategy 2013-17, he said that by the implementation of investment strategy, the government deliberated to attract more foreign direct investments.[3]
[1] http://nation.com.pk/national/19-Jan-2016/senate-panel-on-cpec-shows-concern
[2] http://dailythepatriot.com/china-satisfied-with-smooth-functioning-of-cpec-sun-weidong/
[3] http://www.pakistantoday.com.pk/2016/01/18/news/cpec-gives-a-new-dimension-to-pak-china-economic-ties-president/
