CPEC Authority to be established at the earliest, Senate Special Committee

ISLAMABAD – The ministry of planning has been directed by the Senate Special Committee on China Pakistan Economic Corridor (CPEC) to finalize the requirements necessary to hasten the establishment of CPEC Authority.

invest with imarat

Islamabad’s emerging city centre

Learn More

With the government’s decision to revise the laws and policies regarding various aspects of the CPEC, the Senate Special Committee on CPEC wants the immediate establishment of CPEC Authority. The political parties in opposite express concerns regarding the magnitude of the project and the implications of decisions taken without thorough deliberation and input from all the sectors and regions of the country.

The Chairperson of the committee Senator Sherry Rehman said CPEC was a national project and all political parties were unanimously in favour of this project, however, she said rules and regulation of the Authority must be acceptable to all the political parties.

Maham Tahir

Recent Posts

PEC, CDA Partner to Raise Engineering Standards Through Certification and Training

The Pakistan Engineering Council and the Capital Development Authority have agreed to collaborate on raising…

1 day ago

Saudi Arabia Announces $2bn Investment Package for Syria Across Airports, Telecoms and Real Estate

Feb 7 (Reuters): Saudi Arabia on Saturday unveiled a wide-ranging investment package for Syria covering…

5 days ago

FBR Revises Islamabad Property Valuation Rates, Raises Values by 15% to 75%

Islamabad: The Federal Board of Revenue (FBR) has issued revised valuation rates for immovable properties…

1 week ago

Saudi Arabia Executes World’s First Sovereign Tokenised Property Title Deed Transfer

Riyadh: Saudi Arabia has completed what it described as a global first in capital market…

1 week ago

RDA Issues Strict Construction Safety Guidelines for All Sites in Rawalpindi

Rawalpindi: The Rawalpindi Development Authority (RDA) has introduced strict safety measures for all construction sites…

2 weeks ago

SECP Registers Three New REIT Schemes in January 2026, Sector Count Rises to 28

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has registered three new Real Estate…

2 weeks ago