{"id":49123,"date":"2025-07-15T20:11:46","date_gmt":"2025-07-15T20:11:46","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=49123"},"modified":"2025-07-15T20:11:46","modified_gmt":"2025-07-15T20:11:46","slug":"with-projects-like-cpec-carec-following-international-frameworks-is-necessary-and-full-transparency-in-infrastructure-development-spending-is-assured-ahsan-iqbal","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/with-projects-like-cpec-carec-following-international-frameworks-is-necessary-and-full-transparency-in-infrastructure-development-spending-is-assured-ahsan-iqbal\/","title":{"rendered":"With Projects like CPEC &#038; CAREC , Following International Frameworks is Necessary and Full transparency in Infrastructure Development Spending is Assured : Ahsan Iqbal"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-49126\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2025\/07\/FIDIC-Planning-CPEC-CAREC-e1752609999628.jpg\" alt=\"\" width=\"500\" height=\"317\" \/>ISLAMABAD : 15 July 2025 &#8211; Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Tuesday reaffirmed the government&#8217;s firm commitment to ensuring full transparency and accountability in all infrastructure development-related spending and contracts.<\/p>\n<p>Speaking at the inaugural ceremony of the International Federation of Consulting Engineers (FIDIC) Asia Pacific Mid-Year Conference, the minister said, \u201cOur ministry, as the custodian of Pakistan\u2019s development budget, is fully committed to ensuring the fullest possible transparency in all infrastructure projects and contracts.\u201d<\/p>\n<p>Highlighting the critical role of public investment governance, Iqbal said economic growth cannot be sustained without high-quality, transparent procurement and infrastructure management.<\/p>\n<p>\u201cAs an engineer myself, I understand that infrastructure is not just about concrete and contracts. It is about building institutional credibility, enabling long-term finance, and delivering services that improve lives,\u201d he remarked.<\/p>\n<p>Ahsan Iqbal praised the role of the International Federation of Consulting Engineers (FIDIC) in offering globally recognized contract standards that go beyond technical guidance. It provides language of trust when used appropriately.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"iiAZjj2JP4\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/chinese-ambassador-for-strengthening-confidence-particularly-for-cpec-construction\/\">Chinese Ambassador for Strengthening Confidence Particularly for CPEC Construction<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Chinese Ambassador for Strengthening Confidence Particularly for CPEC Construction&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/chinese-ambassador-for-strengthening-confidence-particularly-for-cpec-construction\/embed\/#?secret=itKUMwxdVc#?secret=iiAZjj2JP4\" data-secret=\"iiAZjj2JP4\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>He said, \u201cThese contracts promote transparency in procurement, fair and balanced risk allocation, time and cost predictability, and structured rules-based dispute resolution.\u201d<\/p>\n<p>These are not theoretical ideals for countries like Pakistan, where infrastructure projects like the China-Pakistan Economic Corridor (CPEC) and the Central Asia Regional Economic Cooperation (CAREC) are increasingly multi-finance, cross-border, and large-scale the need for dependable internationally recognized frameworks has never been more urgent, he added.<\/p>\n<p>The minister said that use of FIDIC base contracts standards is increasing evident across Pakistan infrastructure landscapes.<\/p>\n<p>These frameworks, when thoroughly adapted to a legal and institutional contact provides clarity enrolls, legal enforceability, and operational discipline\u2014essential elements in complex, multi-stakeholder project environments.<\/p>\n<p>Looking ahead, Iqbal expressed hope that the conference would produce actionable recommendations for better enforcement of these contract standards. \u201cIn times of macroeconomic pressure, every rupee we spend must deliver the highest possible value. We should aim for near-zero waste in all infrastructure contracts,\u201d he stressed.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"g6mrCGRDTT\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-june-2025\/\">Pakistan in the World \u2013 June 2025<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Pakistan in the World \u2013 June 2025&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-june-2025\/embed\/#?secret=msDRsY0VOP#?secret=g6mrCGRDTT\" data-secret=\"g6mrCGRDTT\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD : 15 July 2025 &#8211; Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Tuesday reaffirmed the government&#8217;s firm commitment to ensuring full transparency and accountability in all infrastructure development-related spending and contracts. Speaking at the inaugural ceremony of the International Federation of Consulting Engineers (FIDIC) Asia Pacific Mid-Year Conference, the minister [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[91],"tags":[5711,491,727,384,4373,7298,644,2573,2802,48,4018],"_links":{"self":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/49123"}],"collection":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/comments?post=49123"}],"version-history":[{"count":4,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/49123\/revisions"}],"predecessor-version":[{"id":49128,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/49123\/revisions\/49128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media\/49126"}],"wp:attachment":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media?parent=49123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/categories?post=49123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/tags?post=49123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}