Prime Minister Commends CIDCA for Boosting Pakistan’s Economic Development


Islamabad, A high-level delegation from the Chinese International Development Cooperation Agency (CIDCA), led by its Chairman Luo Zhaohui, met with Prime Minister Muhammad Shehbaz Sharif in Islamabad to discuss ongoing efforts to strengthen Pakistan’s economic development.



According to Ministry of Information and Broadcasting, the Prime Minister praised China’s steadfast support and recognized CIDCA’s key role in bolstering Pakistan’s economic growth, highlighting the agency’s critical contributions during the 2022 floods and its relief, rehabilitation, and reconstruction initiatives in Pakistan.



The Prime Minister emphasized that the China-Pakistan Economic Corridor (CPEC) has played a significant role in the socio-economic advancement of both nations, driving progress and prosperity. He expressed optimism that the second phase of CPEC would foster further industrial, scientific, and green development. Additionally, the Prime Minister noted that CPEC-II represents an opportunity for the private sectors in both countries to form joint ventures.



During the meeting, the Prime Minister witnessed the signing of four Memorandums of Understanding (MOUs) on Flood Rehabilitation, Information and Communication Technologies, Juncao Technology, and China-Pakistan Development Cooperation Planning for 2024-2028. A Letter of Exchange was also signed for the establishment of a First Aid Centre in Balochistan, along with a Protocol on Cooperation in Human Resources Development under the Global Development Initiative.



The agreements signed at the meeting underscore the deepening collaboration between Pakistan and China across a variety of sectors, signaling a continued commitment to strengthening bilateral ties. The meeting was also attended by Chinese Ambassador to Pakistan, Jiang Zaidong.