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Chinese President to visit Pakistan today with billions in investment

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ISLAMABAD: Mr. Xi Jinping – the President of the People’s Republic of China and the China’s paramount leader –  is undertaking a two day State Visit to Pakistan from today according to Ministry of Foreign Affairs of Pakistan.

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On two day visit, Chinese President will hold meetings with President of Pakistan Mamnoon Hussain, Prime Minister Nawaz Sharif, and other political leadership of Pakistan. On April 21st, the Chinese President will address to the joint session of Parliament.

During his visit, Chinese President will inaugurate the $45 billion project under China–Pakistan Economic Corridor. Moreover, the first ready-to-go episode of $28 billion from the worth $45 billion China–Pakistan Economic Corridor Project (CPEC) will be roll out according to Minister for Planning and Development, Ahsan Iqbal.

The mega projects includes, fifteen projects for development in water and electricity sector, five for Ministry of Finance, four projects for Ministry of Planning, two for Ministry of Port and Shipping, three for Pakistan Atomic Energy Commission, and one for each Ministry of Science and Technology, Ministry of Railway, and Ministry of Petroleum.

Government has already cleared its position by saying that it is not a debt or aid, it is wholly an investment by the China in Pakistan. In a press conference conducted by Ahsan Iqbal and Parveez Rashid, both said that CPEC would link Gwadar port with China by a network of highways, railways, and pipelines. Moreover, the power projects from water, solar, hydel, and wind would be initiated in all the provinces including FATA, and Azad Jammu & Kashmir to overcome energy crisis.

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Ahsan Iqbal said, “all areas of the country would equally benefit from the CPEC.”

About Chinese President:

Ahead of his trip to Pakistan, Mr. Xi Jinping said, “I feel as if I am going to visit the home of my own brother. Pakistan is a good friend in my heart.” He continues:

“When I was young, I heard many touching stories about Pakistan and the friendship between our two countries. To name just a few, I learned that the Pakistani people were working hard to build their beautiful country, and that Pakistan opened an air corridor for China to reach out to the world and supported China in restoring its lawful seat in the United Nations. The stories have left me with a deep impression. I look forward to my upcoming state visit to Pakistan.”

Today visit would be the first visit by a Chinese president to Pakistan after nine years.

Chinese President will be welcomed by the PM Nawaz Sharif along with his cabinet on Islamabad Airport. At this occasion, 21-gun salute will be performed as well. During the visit, Chinese President will receive Pakistan’s highest civil award, ‘Nishan-e-Pakistan’.

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