Pakistan Minister announces completion of 36 China-Pakistan Economic Corridor projects

Caretaker Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed has said that under the China-Pakistan Economic Corridor (CPEC), 36 projects with a cumulative value of $24 billion have been completed.

Makran Coastal Highway along Pakistan’s Arabian Sea coast from Karachi to Gwadar in Balochistan province (Photo: AdobeStock)

Meanwhile, 22 projects with a total investment of $5 billion are currently under construction.

Sami Saeed added that negotiations are underway for 26 projects, totalling $27 billion under the CPEC framework. Furthermore, 27 other projects dedicated to the social and economic development of Balochistan are actively under implementation.

The development of Gwadar city and Gwadar port is said to remain a central focus of CPEC, as the minister outlined the completion of 36 projects worth $24 billion and the ongoing construction of 22 projects with a budget of $5 billion.

During a recent update on Gwadar, Minister Saeed mentioned several significant milestones that have been achieved. These include the completion of the master plan for Gwadar city, the East Expressway, and an international airport (expected completion in June). In addition, the first phase of the Gwadar Free Zone covering 60 acres has been completed, with Phase-2 currently underway.

Minister Saeed also highlighted various completed projects, including the Pakistan China Vocational and Technical Institute, the 1.2 MGD desalination plant, and the Pak-China Friendship Hospital with 300 beds and modern facilities. He also noted the completion of the port-dredging project under the federal PSDP.