CPEC helps in promoting technology business in Pakistan

Federal Minister for Science and Technology Fawad Chaudhry said that technology business will be promoted through China Pakistan Economic Corridor (CPEC) in Pakistan.

CPEC helps in promoting technology business in PakistanFederal Minister met Chairman CPEC Authority Lt.General (R) Asim Saleem Bajwa to discussed Pak-China collaboration in the field of Science and Technology.

He said Science and Technology is going to be part of CPEC in April 2020.

According to details, a high level delegation of Chinese National Development and Reforms Commission (NDRC) is likely to visit Pakistan in April to review progress on various CPEC projects. The Chinese government had agreed to provide up to $1 billion grant for socioeconomic development and poverty reduction projects under the China-Pakistan Economic Corridor (CPEC).

China has completed several energy and infrastructure projects during last five years under CPEC umbrella and now both countries are about to enter a new phase of cooperation with focus on the execution of social sector infrastructure projects, SEZ and ML-I.

According to a senior government official said, collaboration in the field of Science and Technology between China and Pakistan will also be part of discussion during the visit of delegation.

He said Pakistan has taken several new initiatives in Science and Technology field under the leadership of Minister of Science and Technology Fawad Chaudhary.

He Said Prime Minister Imran Khan had also appreciated the Fawad performance as minister Science and Technology.