Islamabad: According to press reports, the Prime Minister’s Office (PMO) announced the formation of the Pak-China Relations Steering Committee on Monday to oversee, streamline, and expedite work on projects started under the auspices of the China Pakistan Economic Corridor (CPEC).
The group was formed, according to the PMO, to expedite work on CPEC projects, as well as to resolve concerns and remove roadblocks in the completion of multibillion-dollar projects.
The 15-member steering committee, directed by the Minister of Planning and Development Asad Umer, will include officials from several government ministries, the military, and intelligence organizations.
Before the reports are forwarded to the CCoCPEC (Cabinet Committee on CPEC), which is also led by Mr. Asad Umer, the committee will operate as an additional layer of monitoring and progress surveillance, ensuring that the projects receive the necessary help.
Only USD 28 billion has been invested so far, with 17 completed projects totaling USD 13 billion and another 21 projects totaling USD 12 billion in the works, showing slow development due to coordination concerns. However, the letter claims that now that the committee has been formed, work would move at a much faster pace.