New projects offered to China as part of CPEC: minister

ISLAMABAD: Amid a perceived slowdown on China-Pakistan Economic Corridor (CPEC), the federal Minister for Planning, Development and Reforms Makhdum Khusro Bakhtyar on Sunday said Pakistan would engage China at the highest level for talks on several big projects in the fields of hydropower, oil refinery and steel mills.

Speaking at a press conference a day before Prime Minister Imran Khan’s three-day visit to Beijing, Mr Bakhtyar said Pakistan would start formal negotiations on additional projects, including a major overland LNG terminal, 7,000-megawatt Bunji hydropower project, Pakistan Steel Mills, oil refineries as well as joint ventures in businesses and science and technology, for agreements.

“All the existing projects under the CPEC portfolio have been streamlined and there is no slowdown anywhere,” the minister said in his opening statement.

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