Prime Minister Imran Khan, who was in Karachi on a day-long visit on Monday, inaugurated the China Hub Power Generation Plant in Hub, Balochistan, a project under the multi-billion dollar China-Pakistan Economic Corridor (CPEC).
Addressing the inauguration ceremony, the premier said the power plant was the first joint venture between Islamabad and Beijing under CPEC, and expressed his desire to work on such projects in the future.
“The government will facilitate joint collaboration between Pakistani and Chinese businesses in various sectors,” he said, adding Balochistan was full of rich mineral deposits and fisheries — resources which can help boost the country’s foreign exchange.
PM Imran said his government was moving towards the second phase of CPEC, and it had established the CPEC Authority to facilitate the projects.
He said Chinese leadership, during his recent trip to Beijing, had reiterated fast-tracking CPEC projects, adding that his government was committed to increase ease of doing business in the country to attract foreign investment.
Chinese ambassador Yao Jing, federal ministers and other senior officials were also present on the occasion.
Earlier, the premier held multiple meetings including a one-on-one sitting with Sindh Governor Imran Ismail.
In his meeting with PTI legislators, the premier said the federal government inherited economic deficit but now the economic situation was improving.
He said that although Karachi’s problems were the responsibility of PPP-led provincial government in Sindh, the federal government was contributing through its own resources for “public welfare”.
He reiterated his government’s push for development to resolve the issues, adding that local governments would help resolve issues at the grassroots level.
He underscored the key issues faced by the people of Karachi were water, transport and waste management.
“Karachi is the economic hub of Pakistan but it is unfortunate that the people and issues of the metropolitan were ignored in the past,” he said.
The premier instructed federal ministers to deepen interactions with Karachi lawmakers.
Accompanying the prime minister, planning minister Khusro Bakhtyar briefed PTI legislators about the development projects being sanctioned by the federal government.
The Sindh assured that the K-4 project will be completed at all cost.
In March, the PM had announced a Rs162 billion development package for Karachi to help improve the transport and other civic facilities in the metropolis.