CPEC Center of Excellence gutted in Islamabad fire

Fire in Islamabad’s Awami Markaz also destroyed the CPEC Center of Excellence (COE) established a few months ago by the government as leading policy guiding center on China Pakistan Economic Corridor.

The think-tank was launched in March earlier this year at the cost of $468 million to promote research and knowledge-based policy-making in the country for CPEC related projects and initiatives.

The center was jointly inaugurated by then minister for planning, development and reforms Ahsan Iqbal and Ambassador of China to Pakistan, Sun Weidong.

The building in the Red Zone of Pakistan’s capital caught fire reportedly due to short circuit early morning and despite day-long efforts to douse the fire, fire fighters could not control the blaze which claimed lives of two men and injured one.

Reportedly, record and equipment of offices of the Federal Tax Ombudsman and Software Technology Park were burnt in the deadly fire.

Record of the CPEC Center of Excellence was also gutted in the fire, reported Samaa TV.

The center has been established to undertake independent research and studies on: Socio Economic impact of CPEC; CPEC Trade and Industry Cooperation; Development Planning under CPEC; Financing and Financial sector integration under CPEC; Urban development in Pakistan under CPEC, besides providing policy based research guidance to Federal and Provincial Governments and implementers of CPEC Projects.

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