Speedily finalizing requirements of CPEC Authority directed by Senate committee

ISLAMABAD: The Senate Special Committee on China Pakistan Economic Corridor (CPEC) Wednesday directed the ministry of planning to finalize all the requirements necessary for establishment of CPEC Authority at the earliest.

The Chairperson of the committee, Senator Sherry Rehman said CPEC was a national project and all political parties were unanimously in favor of this project, however she said rules and regulations of the Authority must be acceptable to all the political parties.

She said the bill should also be passed through the act of Parliament instead of through an Ordinance.

The CPEC Authority Bill, she said, would not be cleared by the Upper House until all provinces are given due representation.

Senator Kauda Babar said establishment of CPEC Authority was need of the time and keeping in view the importance of the project, the government should not waste any further time and table the draft bill in the parliament for approval as soon as possible.

Secretary Planning Zafar Hassan informed the committee that draft bill of the Authority had been prepared and would be presented for approval soon.