{"id":58008,"date":"2019-11-26T16:14:00","date_gmt":"2019-11-26T16:14:00","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58008"},"modified":"2020-01-29T12:35:36","modified_gmt":"2020-01-29T12:35:36","slug":"more-stakeholders-vital-for-cpecs-success-hafeez-sheikh","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/more-stakeholders-vital-for-cpecs-success-hafeez-sheikh.html","title":{"rendered":"More stakeholders vital for CPEC&#8217;s success: Hafeez Sheikh"},"content":{"rendered":"<p>Islamabad: Advisor to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh opined that the involvement of additional countries as stakeholders in the Pakistan China Economic Corridor (CPEC) is essential for the ultimate success of this significant venture, according to news sources.<\/p>\n<p>He stated that the participation of other countries had the potential to strengthen the cooperation between China and Pakistan on CPEC projects. He made this assertion during a press briefing, following the inaugural ceremony of the \u2018Pakistan Innovative Finance Forum\u2019. \u00a0He added that the inclusion of other countries would benefit the national economy and ensure that CPEC would be a success.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/cpecs-second-phase-begins-focus-b2b-initiatives-bakhtiar.html\" target=\"_blank\" rel=\"noopener noreferrer\">CPEC\u2019s second phase begins with focus on B2B initiatives: Bakhtiar<\/a><\/p>\n<p>As per the publication, China has so far committed to provide USD 60 billion for CPEC projects. These include nine completed power projects (with a production capacity of 5,320 MW) that were developed at a cost of USD 7.889 billion, as well as 8 under-construction power projects (with a production capacity of 4,470 MW) that are to be developed with an estimated budget of USD 9.5 billion.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/china-pakistan-discuss-inclusion-psm-cpec-framework.html\" target=\"_blank\" rel=\"noopener noreferrer\">China, Pakistan discuss inclusion of PSM in CPEC framework<\/a><\/p>\n<p>Dr Shaikh concluded by saying that CPEC was an important developmental project that would help improve the power generation capacity, enhance road infrastructure, upgrade the railway system and modernise the <a href=\"https:\/\/www.zameen.com\/news\/cpec-panel-seeks-formation-authority-expedite-sezs-development.html\" target=\"_blank\" rel=\"noopener noreferrer\">economic zone <\/a>\u2014 all of which are beneficial for both the national economy and local\/international investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Advisor to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh opined that the involvement of additional countries as stakeholders in the Pakistan China Economic Corridor (CPEC) is essential for the ultimate success of this significant venture, according to news sources. He stated that the participation of other countries had the potential to strengthen the cooperation between China and Pakistan on CPEC projects. He made this assertion during a press briefing, following the inaugural ceremony of the \u2018Pakistan Innovative Finance Forum\u2019. \u00a0He added that the inclusion of other countries would benefit the national economy and ensure that CPEC would be a success. Read:\u00a0CPEC\u2019s second phase begins with focus on B2B initiatives: Bakhtiar As per the publication, China has so far committed to provide USD 60 billion for CPEC projects. These include nine completed power projects (with a production capacity of 5,320 MW) that were developed at a cost of USD 7.889 billion, as well as 8 under-construction power projects (with a production capacity of 4,470 MW) that are to be developed with an estimated budget of USD 9.5 billion. Read:\u00a0China, Pakistan discuss inclusion of PSM in CPEC framework Dr Shaikh concluded by saying that CPEC was&hellip;<\/p>\n","protected":false},"author":75,"featured_media":52104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14125],"persona":[],"class_list":{"0":"post-58008","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-more-stakeholders-vital-for-cpecs-success-hafeez-sheikh"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>More stakeholders vital for CPEC&#039;s success: Hafeez Sheikh - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Advisor to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh opined that the involvement of additional countries\" \/>\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\/more-stakeholders-vital-for-cpecs-success-hafeez-sheikh.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More stakeholders vital for CPEC&#039;s success: Hafeez Sheikh - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Advisor to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh opined that the involvement of additional countries\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/more-stakeholders-vital-for-cpecs-success-hafeez-sheikh.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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