AS Bajwa appointed as Chairman of CPEC Authority

Pakistan government has appointed Lt. Gen. (retd.) Asim Saleem Bajwa as the first Chairman of the newly-established China-Pakistan Economic Corridor Authority (CPECA) with an aim to ensure timely completion of the multi-billion dollar projects.
The CPEC was launched in 2015 when Chinese President Xi Jinping visited Islamabad and it now envisages investment of over $60 billion in different projects of development in Pakistan.
The authority was established through an ordinance in October, before the visit of Prime Minister Imran Khan to Beijing.
The CPEC is a planned network of roads, railways and energy projects linking China’s resource-rich Xinjiang Uyghur Autonomous Region with Pakistan’s strategic Gwadar Port on the Arabian Sea.
The Chairman will get MP-I scale for a period of four years from the date of assuming the charge of the office with immediate effect.