A high level delegation from China’s Jining City led by Jining Municipal Party Committee Secretary Ma Pingchang called on Punjab Chief Minister Shehbaz Sharif on Wednesday to discuss matter regarding promotion of cooperation in energy particularly mining sector.
Talking to the delegation, Shehbaz said that Pak-China friendship has stood every hour of trial. He said that a new era of economic relations between Pakistan and China has started during the tenure of Prime Minister Nawaz Sharif. He said that bilateral relations between both the countries are touching new heights.
Lauding China-Pakistan Economic Corridor (CPEC), the chief minister said that besides investment, the historic economic package given by China is a great gift for Pakistan and its people. He said that the historic economic package of $ 46 billion, announced during the visit of Chinese President XI Jingping to Pakistan, is a glorious example of everlasting friendship between the countries.
“The Pakistani people can never forget this favour of China,” he added. He said that China-Pakistan Economic Corridor (CPEC) will not only bring prosperity in Pakistan but the whole region.
Shehbaz said that a huge amount of $ 33 billion has been allocated for energy projects under the CPEC.
He said that the work on the project under the CPEC in Punjab has been kicked off speedily.
“The construction of 1,320-megawatt coal power project plant has been started in Sahiwal and this project will start producing electricity by 2017,” he said.
Similarly, 900-megawatt solar project is being set up in Bahawalpur which will be completed in 2016, he added.