X Posted on the Analyzing CPEC & OBOR, Chinese Strategy and Implications ThreadsBeijing welcomes Riyadh in CPEC
QUETTA: Chinese Ambassador to Pakistan Yao Jing has said China has no objection over inclusion of Saudi Arabia and other countries in the China Pakistan Economic Corridor (CPEC) projects and would welcome Riyadh’s investment in Pakistan.“We will welcome Saudi Arabia and other countries’ investment in CPEC projects. China wants to expand CPEC up to central Asian states via Afghanistan,”
the Chinese ambassador said while speaking to businessmen and journalists at two separate functions in Quetta on Wednesday.
Chinese ambassador also confirmed that CPEC projects are being revisited in view of the Pakistan Tehreek-e-Insaf (PTI) led new government’s vision, adding that new development projects will be included in the project with consensus.Govt says Riyad all set to join CPEC as third Partner
Yao said reviewing the CPEC agreement is natural as the new Pakistani government which came into power after the July 25 general election has its own agenda and vision.
The envoy said the new Pakistani government wants to give all attention to socio-economic sector and in reviewing of CPEC agreement the desire of the Pakistan’s new government would be considered.“Both China and Pakistan governments have agreed to further expand the CPEC,”
he said, adding that taking decision with mutual understanding and consensus is part of the CPEC agreement.
He said both the governments have decided to continue work on ongoing projects launched under CPEC in Pakistan and particularly Balochistan and these projects would be completed on time.
Yao said Pakistan and China have very cordial relations since long; they are not only partners in CPEC but have lots of other ties and projects in which they are helping each other. “China and Pakistan are strategic partners,”
He said that the main objectives of CPEC include establishing road-network, construction of highways and motorways, power generation and developing agriculture sector.
Yao Jing said in the next phase, China will focus on joint ventures and will give attention to socio-economic sector,
which is also vision of the new Pakistani government.
“Under CPEC it was decided that more resources would be provided to the western provinces of Pakistan. It is our desire to link the mega project to Central Asian states via Afghanistan and under CPEC will open new ways of development and prosperity in the entire region,” he said.
The Chinese ambassador said CPEC has entered “a new era”
and that jobs would be created for the people of Pakistan through its various projects. “Balochistan offers numerous opportunities to investors in terms of agriculture, livestock, mines and minerals,”
At the chamber of commerce, businessmen urged the Chinese ambassador to establish a Chinese consulate in Quetta to address their business needs. The ambassador promised the business community that their request would be discussed with Chinese high-ups.
Responding to a question about Balochistan’s share in CPEC, Yao Jing said Balochistan is an important part of CPEC and the second phase of the project would be more important for Balochistan.
He said that though entire Pakistan is equal for his country, China wants to work for the development of different sectors of Balochistan on priority. “China will help in developing agriculture, industry and other sectors in Balochistan,”
he said.Austerity axe falls on CPEC, Gwadar projects
The envoy said he is very much inspired with the vision of new federal and Balochistan governments as they want to develop socio-economic sector. “Balochistan should be main beneficiary of CPEC. Chinese investors would find out new trade and investment opportunities in Balochistan,”
he added.Yao said Balochistan has great potential in mineral resources, mining, livestock, and fisheries and there is need to work for the promotion of these sectors.
He said China will extend all help and assistance to the local people for sending fruit, vegetable and seafood to international market.
He said he had a meeting with Balochistan Chief Minister Jam Kamal and observed that new provincial government is more interested in the development of the province and providing maximum facilities to its people.
To a question, he said the Chinese universities are open for Pakistani students and these universities offer scholarships in March every year and students could apply for admission online. However, he said, Balochistan students would be provided assistance in applying for admission to the Chinese universities.