The Prime Minister Imran Khan has inaugurated the Matiari to Lahore 600 KV transmission line completed under the umbrella of multi billion dollars China-Pakistan Economic Corridor (CPEC) project in Islamabad on Thursday.
Addressing the ceremony, the Prime Minister has vowed to accelerate pace of work on projects being executed under CPEC. He pointed out that the breakout of the novel coronavirus pandemic created some hurdles including disruption of supply chains which increased prices of essential commodities, but as the situation is improving, progress will again be visible on the CPEC related projects as well as bringing down the inflation.
The Premier further stated that the scope of the CPEC is now being expanded from power generation and road infrastructure projects to cooperation in the areas of industries and agriculture. Cooperation in these two important sectors will help Pakistan reduce the debt burden through wealth creation, he added.
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While talking about Matiari-Lahore transmission line, PM Imran Khan has said that this 886 kilometer long state of the art transmission line will help reduce power losses.
“More investment will be made in the transmission line projects to ensure uninterrupted power supply to the consumers,” he added.
In his remarks, the Ambassador of China to Pakistan Nong Rong has said that the Matiari-Lahore transmission line will realize the safety and reliability of the grid system, optimize energy distribution of the entire country and lower the electricity cost. He said that the CPEC up to now has brought investment of 25.4 billion dollars and created seventy five thousand job opportunities.
“CPEC has made significant contribution to the socio economic development of Pakistan,” the Chinese Ambassador added.
