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HomeBusinessProjects under newly created CPEC working groups are reviewed at this meeting

Projects under newly created CPEC working groups are reviewed at this meeting

ISLAMABAD: At the 10th Joint Coordination Committee, Federal Minister for Planning, Development, and Special Initiatives Asad Umar presided over a review projects meeting of the newly formed CPEC joint working groups on scientific and information technology cooperation.

The four projects, which were made part of the CPEC in the 10th JCC meeting, were reviewed and discussed at the meeting, including the establishment of the China-Pakistan Joint Research Center on Earth Science; acquisition of an oceanographic research vessel; establishment of the Institute of Smart Semiconductor and establishment of the Silicon solar cells; and PV Panel Fabrication Facility of 500MW/annum.

Umar ordered that action plans for these projects be completed within 30 days and submitted as soon as possible.

Also read: Maritime Ministry Initiates a Huge Economic Transformation Project For Karachi Under CPEC

Shibli Faraz, the Minister of Science and Technology, stated that science and technology applications should be used to accelerate the economy’s growth and alleviate residents’ issues through cooperative efforts between the two nations.

To get the most out of the Chinese technology and experience, Pakistan required a well-thought-out plan and strategy, as well as a frequent monitoring mechanism.

in another meeting held, the sectors related to the newly-formed JWG on information technology, recently approved by the JCC were discussed in detail.

The sectors, broadband connectivity, technology parks/IT parks, cyber-security, software and hardware development came under discussion.

Also read: China is not happy with the current progress of CPEC projects

Federal Minister for Information Technology Aminul Haq said that IT is the future of Pakistan and in the last one or two years, it has witnessed rapid growth in this sector.

Pakistan’s software exports increased almost 47 per cent. This sector will now be further developed and expanded through technical collaboration with China.

There is also a need to launch new technical assistance programmes for Pakistan to meet the professional requirements of the growing IT industry in the country, he added.

Federal Minister for Planning Asad Umar directed the IT Ministry to submit concept notes on the above sectors to the Planning Ministry within a period of 30 days so that the fast-moving and strategic initiatives could be discussed in the upcoming JWG.

He also said the role of the Ministry of IT must be appreciated, as they are striving hard to ensure meeting of the international standards of technological advancement and progress.

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