President: (Pakistan moving forward with new ambitions: President

ISLAMABAD: President Mamnoon Hussain on Wednesday said the country will soon attain the goals of peace and economic stability owing to the ongoing mega development projects.

Addressing the National Speech Contest here on Wednesday, he said the country is moving forward with new ambitions. He said the country paid a big price in the past due to regional situation that had cast negative impact on the economy. However, the ongoing development projects, including China Pakistan Economic Corridor would usher in a new era of prosperity, benefitting the entire region.

He said China-Pakistan Economic Corridor (CPEC) project is a package of a number of other ventures, including operational of Gwadar Seaport, construction of Gwadar International Airport, network of motorways and installation of gas and power projects. The President said law and order situation is improving and Operation Zarb-e-Azb goes on successfully to wipe out militants.