{"id":55159,"date":"2019-09-12T17:53:11","date_gmt":"2019-09-12T12:53:11","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=55159"},"modified":"2019-09-12T17:59:33","modified_gmt":"2019-09-12T12:59:33","slug":"govt-expected-promulgate-cpec-authority-ordinance","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-expected-promulgate-cpec-authority-ordinance.html","title":{"rendered":"Govt expected to promulgate CPEC Authority ordinance"},"content":{"rendered":"<p>Islamabad: The government is expected to approve the promulgation of the China-Pakistan Economic Corridor (CPEC) Authority ordinance in its meeting scheduled for September 17, a news source reported. If approved, the CPEC Authority will monitor the work on the CPEC projects that involve a third party besides Beijing and Islamabad.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/cpec-extension-turkmenistan-declared-a-natural-partner.html\" target=\"_blank\" rel=\"noopener noreferrer\">CPEC Extension: Turkmenistan declared a &#8216;natural partner&#8217;<\/a><\/p>\n<p>According to sources, the Cabinet Committee for Disposal of Legislative Cases had prepared a draft for the ordinance. It later forwarded the document to the cabinet for notifying and promulgating the ordinance.<\/p>\n<p>The committee informed the cabinet members that the CPEC project was entering its next phase. It added that this phase would expand the CPEC initiative to additional economic areas (including <a href=\"https:\/\/www.zameen.com\/news\/gwadar-master-plan-draft-finalised.html\" target=\"_blank\" rel=\"noopener noreferrer\">Gwadar development<\/a>), along with the involvement of third parties for investment.<\/p>\n<p>Meanwhile, the parliamentary committee on CPEC has expressed concerns over the establishment of the CPEC Authority. It has stated that this measure would create more confusion pertaining to the CPEC projects.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/gop-decides-to-set-up-cpec-authority.html\" target=\"_blank\" rel=\"noopener noreferrer\">GoP decides to set up CPEC Authority<\/a><\/p>\n<p>Previously, the government had announced its decision to establish the CPEC Authority in May 2019. The National Development Council (NDC) had already approved the initiative in principle for the fast-track execution of CPEC projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government is expected to approve the promulgation of the China-Pakistan Economic Corridor (CPEC) Authority ordinance in its meeting scheduled for September 17, a news source reported. If approved, the CPEC Authority will monitor the work on the CPEC projects that involve a third party besides Beijing and Islamabad. Read:\u00a0CPEC Extension: Turkmenistan declared a &#8216;natural partner&#8217; According to sources, the Cabinet Committee for Disposal of Legislative Cases had prepared a draft for the ordinance. It later forwarded the document to the cabinet for notifying and promulgating the ordinance. The committee informed the cabinet members that the CPEC project was entering its next phase. It added that this phase would expand the CPEC initiative to additional economic areas (including Gwadar development), along with the involvement of third parties for investment. Meanwhile, the parliamentary committee on CPEC has expressed concerns over the establishment of the CPEC Authority. It has stated that this measure would create more confusion pertaining to the CPEC projects. Read:\u00a0GoP decides to set up CPEC Authority Previously, the government had announced its decision to establish the CPEC Authority in May 2019. The National Development Council (NDC) had already approved the initiative in principle for the fast-track execution of&hellip;<\/p>\n","protected":false},"author":68,"featured_media":42439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12960],"persona":[],"class_list":{"0":"post-55159","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-govt-expected-to-promulgate-cpec-authority-ordinance"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt expected to promulgate CPEC Authority ordinance - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The government is expected to approve the promulgation of the China-Pakistan Economic Corridor (CPEC) Authority ordinance in its meeting\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-expected-promulgate-cpec-authority-ordinance.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt expected to promulgate CPEC Authority ordinance - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The government is expected to approve the promulgation of the China-Pakistan Economic Corridor (CPEC) Authority ordinance in its meeting\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-expected-promulgate-cpec-authority-ordinance.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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