The sub-Committee of the Senate Standing Committee on Maritime Affairs was told on Friday that the China Overseas Port Holding Company (#COPHC) had given a grant of US$1.2 billion to carry out the development work in the area of #Gwadar Port.
“The #China desires to see #Pakistan as a prosperous state,” Chairman COPHC Zang Baozhong said while briefing the sub-committee about the issues faced by the company for the area’s development.
The panel, which met here with Senator Kauda Babar in chair, called for expediting the work in Gwadar Port and facilitating the local and foreign investors while reviewing various issues pertaining to the port and its investors.
The committee chairman appreciated the interest of Chinese investors in the development of Pakistan and promised all-out support to them for executing the development projects in the area, assuring the company that their issues would be resolved on priority.
Taking up the issue of Internet connectivity with the PTCL, the Committee took exception over its demand and summoned the Secretary Ministry of Information Technology in the next meeting along with the telecommunications’ company senior officers to discuss the issue at length.
