{"id":20910,"date":"2024-11-07T05:25:19","date_gmt":"2024-11-07T05:25:19","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=20910"},"modified":"2024-11-07T05:25:19","modified_gmt":"2024-11-07T05:25:19","slug":"minister-cheema-aiib-vp-discuss-important-projects","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=20910","title":{"rendered":"Minister Cheema, AIIB VP discuss important projects"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"650\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/IMG-20241106-WA0097-1024x650.jpg\" alt=\"\" class=\"wp-image-20911\" srcset=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/IMG-20241106-WA0097-1024x650.jpg 1024w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/IMG-20241106-WA0097-300x191.jpg 300w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/IMG-20241106-WA0097-768x488.jpg 768w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/IMG-20241106-WA0097-1536x976.jpg 1536w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/IMG-20241106-WA0097-2048x1301.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>ISLAMABAD : Vice President of the Asian Infrastructure Investment Bank (AIIB), Konstantin Limitovskiy here on Wednesday met with Federal Minister for Economic Affairs, Ahad Khan Cheema to discuss AIIB\u2019s current projects, pipeline portfolio, and opportunities for new financing initiatives in Pakistan.<\/p>\n\n\n\n<p>Secretary Economic Affairs Division also attended the meeting.<\/p>\n\n\n\n<p>On the occasion, Cheema expressed gratitude for AIIB\u2019s steadfast support, particularly during the 2022 floods. He commended the Bank\u2019s investment in Pakistan and recommended that AIIB enhances its presence in Pakistan at a senior level when the volume of investment increases, said a press release issued by Economic Affairs Division<\/p>\n\n\n\n<p>Minister Cheema also acknowledged the Bank\u2019s commitment to the Project Preparation Special Fund (PPSF) for the preparatory work on the Improvement and Widening of the N-5 Project, expressing satisfaction with AIIB\u2019s contributions to its financing and progress.<\/p>\n\n\n\n<p>He emphasized that AIIB\u2019s involvement would be instrumental in the project\u2019s success, the press release added.<\/p>\n\n\n\n<p>Highlighting the government\u2019s priorities of regional connectivity and economic growth, Minister Cheema conveyed Pakistan&#8217;s high regard for AIIB\u2019s support in infrastructure development.<\/p>\n\n\n\n<p>He urged the Bank to consider financing the Sukkur-Hyderabad section of the Karachi-Peshawar Motorway (PKM) (M-6), which would complete the motorway network from Karachi to Peshawar.<\/p>\n\n\n\n<p>The Secretary EAD requested AIIB to expand its portfolio in Pakistan, particularly emphasizing the strategic importance of the N-5 as a high-priority government project.<\/p>\n\n\n\n<p>On the occasion, AIIB Vice President, Limitovskiy, expressed confidence in the Economic Affairs Division&#8217;s project review process and anticipated timely resolution of outstanding project issues.<\/p>\n\n\n\n<p>He reaffirmed AIIB\u2019s commitment to prioritizing the N-5 Project and praised Pakistan\u2019s cooperation in advancing the Bank\u2019s portfolio.<\/p>\n\n\n\n<p>Additionally, he indicated AIIB&#8217;s interest in exploring future investments in Pakistan&#8217;s energy transmission sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD : Vice President of the Asian Infrastructure Investment Bank (AIIB), Konstantin Limitovskiy here on Wednesday met with Federal Minister for Economic Affairs, Ahad Khan Cheema to discuss AIIB\u2019s current&hellip; <\/p>\n","protected":false},"author":8,"featured_media":20911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,13],"tags":[1874,750],"class_list":["post-20910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-main-stories","tag-asian-infrastructure-investment-bank-aiib","tag-economic-affairs-division"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/20910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20910"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/20910\/revisions"}],"predecessor-version":[{"id":20912,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/20910\/revisions\/20912"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/20911"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}