The government has decided to underline the socioeconomic development at the provincial level. This is another perk of CPEC. All the projects that are needed to be executed under this umbrella are now finalized. Memorandum of Understanding (MOU) between the higher authorities on several projects has signed and others are in the queue. And Chinese experts are here to finalize the socio-economic projects and to equip them with Chinese grant. Moreover, this joint venture is emanating from Belt and Road Forum in the second phase of CPEC. And, it is hoping that it will uplift the image of CPEC before the world.
The countries have agreed to join hands
To make this initiative successful social economic experts has decided to cooperate in the projects like livestock, agriculture, fisheries, solarization, and water supply. And the Chinese company that is funding all the selected projects is China International Development Agency (CIDA). Also, the personnel of this Chinese company has held meetings with the provincial government. And, China is getting ready to work with Pakistan in the socioeconomic development sector. Again, it has decided that small projects with super consideration will be conducted in the future for better results.