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18.9 billion rupees worth of power generation needed for CPEC Special Economic Zones
The nine Special Economic Zones (SEZs) planned under the China-Pakistan Economic Corridor (CPEC) would be requiring PKR 18.9 billion worth of energy. This was revealed in documents presented to the Senate Special Committee on CPEC, by the Ministry of Planning, Development and Reform.
The total demand under the documents is 935 MW, while current capacity is 53 MW. The Senate Committee was further informed that no data on CPEC has been shared with the International Monetary Fund (IMF), and the Ministry denied any reports circulating on the data sharing to IMF. The Committee, after reviewing the future projects, recommended more water projects, citing scarcity of water as one of the biggest issues in Pakistan
CPEC Special Economic Zones (SEZs)
No. Project Name
1 Rashakai Economic Zone , M-1, Nowshera
2 China Special Economic Zone Dhabeji
3 Bostan Industrial Zone
4 Allama Iqbal Industrial City (M3), Faisalabad
5 ICT Model Industrial Zone, Islamabad
6 Development of Industrial Park on Pakistan Steel Mills Land at Port Qasim near Karachi
7 Special Economic Zone at Mirpur,AJK
8 Mohmand Marble City
9 Moqpondass SEZ Gilgit-Baltistan
Rashakai Economic Zone , M-1, Nowshera
Project Objective
The main objective of the project for Government of KP and by extension KPEZDMC, is to promote industrialization through optimally priced, world-class industrial infrastructure in the province, which enables industrial investment, job creation and economic uplift.
The project also provides an opportunity for the Government of KP to generate some non-tax revenue through KPEZDMC. This reduces the financial burden on the exchequer, as KPEZDMC can cover some of its costs, liabilities, etc., and plough-back the earnings into further development of industrial infrastructure.
The execution of the project is conceived in the PPP mode, whereby KPEZDMC creates an investment 'nest' or 'protected envelope' wherein foreign investment from CRBC and Zone Enterprises can function with reasonable security and facility.
Pakistani professionals and engineers will be able to work in the SPV Company, resulting in capacity building in the development, management and operations of industrial parks and infrastructure.
Project Description
PROJECT LOCATION:
The RSEZ is situated centrally in the China Pakistan Economic Corridor at the junction of Karakoram Corridor and ML-1 development corridor, at 34.070714 East Longitude and 72.184269 North Latitude. It is nested in the center of major urban centers of the region, which will act as support to RSEZ and the platform for economic growth.
Its location provides ideal and convenient connectivity at Karnal Sher Khan Interchange on the M-l Motorway. The location is within about one-hour drive from the new Islamabad International Airport and is within a similar distance from Peshawar & the M-l / N55 Indus Highway Interchange. Hakla Interchange of M-l / CPEC Western Route is about 30 minutes' drive, while Karnal Sher Khan Interchange of M-l / CPEC Second Northern Route is about 10 minutes' drive. In addition to being a key part of the Belt & Road Initiative, RSEZ will be ideally located to utilize the resource base, and serve the markets of, central / north-eastern K-P, north / western Punjab, AJ&K, Gilgit-Baltistan and eastern Afghanistan.
RSEZ is set to become, and will be designed, to be the Key Trade & Logistics Hub connecting Kashgar, Kabul and Gwadar on the Belt and Road, and be a high-end host of international commercial, technological and manufacturing hub. It will house modern training base, modern technology transfer center, 'utilization' type modern manufacturing center, finance center and hi- tech innovation center.
RSEZ is proposed to be a classic example of cooperation between two countries in industrial modernization & urbanization.
PROJECT SCOPE AND DESCRIPTION:
A detailed Economic and Financial feasibility study was conducted by the venturing parties, which is currently under review of the K-P Department of Industries, Commerce & Technical Education and Department of Planning and Development and in-depth discussions are being held.
Under the rolling development strategy the project in the draft Concession Agreement, the 1000 acres land of RSEZ will be developed in three phases over the next 5. The total area designated for Industrial use is 702 acres - as per Federal SEZA Regulations, of which 159 acres will be developed in Phase I, 279 acres in phase II and subsequently 264 acres in Phase III. For commercial use, an area of 76 acres has been allocated.
Industrial clustering for the project has been established, following the modern concept for ensuring long-term viability of industrial and commercial economic zones.
RSEZ will house the following industrial clusters;
(i) Garment and Textile Products
(ii) Home Building Materials,
(iii) General Merchandize
(iv) Electronics and Electrical Appliances
(v) Automobile and Mechanical Equipment.
RSEZ will also house K-P IT Board's 100 Acre Technology City (incorporating and Electronic Manufacturing Centre).
Province Khyber Pakhtunkhwa
Area (Acres) 1000
Type of Industry
Fruit/Food/Packaging/Textile Stiching/Knitting
Connectivity
Airport 50 KM
Dry port 65 KM
Railway Station 25 KM
Motorway 0 KM
Highway 5 KM
City Center 15 KM
http://cpec.gov.pk/
http://www.cpecinfo.com/news/pkr-189-billion-worth-of-power-generation-needed-for-cpec-sezs/NzM5Mw==
The nine Special Economic Zones (SEZs) planned under the China-Pakistan Economic Corridor (CPEC) would be requiring PKR 18.9 billion worth of energy. This was revealed in documents presented to the Senate Special Committee on CPEC, by the Ministry of Planning, Development and Reform.
The total demand under the documents is 935 MW, while current capacity is 53 MW. The Senate Committee was further informed that no data on CPEC has been shared with the International Monetary Fund (IMF), and the Ministry denied any reports circulating on the data sharing to IMF. The Committee, after reviewing the future projects, recommended more water projects, citing scarcity of water as one of the biggest issues in Pakistan
CPEC Special Economic Zones (SEZs)
No. Project Name
1 Rashakai Economic Zone , M-1, Nowshera
2 China Special Economic Zone Dhabeji
3 Bostan Industrial Zone
4 Allama Iqbal Industrial City (M3), Faisalabad
5 ICT Model Industrial Zone, Islamabad
6 Development of Industrial Park on Pakistan Steel Mills Land at Port Qasim near Karachi
7 Special Economic Zone at Mirpur,AJK
8 Mohmand Marble City
9 Moqpondass SEZ Gilgit-Baltistan
Rashakai Economic Zone , M-1, Nowshera
Project Objective
The main objective of the project for Government of KP and by extension KPEZDMC, is to promote industrialization through optimally priced, world-class industrial infrastructure in the province, which enables industrial investment, job creation and economic uplift.
The project also provides an opportunity for the Government of KP to generate some non-tax revenue through KPEZDMC. This reduces the financial burden on the exchequer, as KPEZDMC can cover some of its costs, liabilities, etc., and plough-back the earnings into further development of industrial infrastructure.
The execution of the project is conceived in the PPP mode, whereby KPEZDMC creates an investment 'nest' or 'protected envelope' wherein foreign investment from CRBC and Zone Enterprises can function with reasonable security and facility.
Pakistani professionals and engineers will be able to work in the SPV Company, resulting in capacity building in the development, management and operations of industrial parks and infrastructure.
Project Description
PROJECT LOCATION:
The RSEZ is situated centrally in the China Pakistan Economic Corridor at the junction of Karakoram Corridor and ML-1 development corridor, at 34.070714 East Longitude and 72.184269 North Latitude. It is nested in the center of major urban centers of the region, which will act as support to RSEZ and the platform for economic growth.
Its location provides ideal and convenient connectivity at Karnal Sher Khan Interchange on the M-l Motorway. The location is within about one-hour drive from the new Islamabad International Airport and is within a similar distance from Peshawar & the M-l / N55 Indus Highway Interchange. Hakla Interchange of M-l / CPEC Western Route is about 30 minutes' drive, while Karnal Sher Khan Interchange of M-l / CPEC Second Northern Route is about 10 minutes' drive. In addition to being a key part of the Belt & Road Initiative, RSEZ will be ideally located to utilize the resource base, and serve the markets of, central / north-eastern K-P, north / western Punjab, AJ&K, Gilgit-Baltistan and eastern Afghanistan.
RSEZ is set to become, and will be designed, to be the Key Trade & Logistics Hub connecting Kashgar, Kabul and Gwadar on the Belt and Road, and be a high-end host of international commercial, technological and manufacturing hub. It will house modern training base, modern technology transfer center, 'utilization' type modern manufacturing center, finance center and hi- tech innovation center.
RSEZ is proposed to be a classic example of cooperation between two countries in industrial modernization & urbanization.
PROJECT SCOPE AND DESCRIPTION:
A detailed Economic and Financial feasibility study was conducted by the venturing parties, which is currently under review of the K-P Department of Industries, Commerce & Technical Education and Department of Planning and Development and in-depth discussions are being held.
Under the rolling development strategy the project in the draft Concession Agreement, the 1000 acres land of RSEZ will be developed in three phases over the next 5. The total area designated for Industrial use is 702 acres - as per Federal SEZA Regulations, of which 159 acres will be developed in Phase I, 279 acres in phase II and subsequently 264 acres in Phase III. For commercial use, an area of 76 acres has been allocated.
Industrial clustering for the project has been established, following the modern concept for ensuring long-term viability of industrial and commercial economic zones.
RSEZ will house the following industrial clusters;
(i) Garment and Textile Products
(ii) Home Building Materials,
(iii) General Merchandize
(iv) Electronics and Electrical Appliances
(v) Automobile and Mechanical Equipment.
RSEZ will also house K-P IT Board's 100 Acre Technology City (incorporating and Electronic Manufacturing Centre).
Province Khyber Pakhtunkhwa
Area (Acres) 1000
Type of Industry
Fruit/Food/Packaging/Textile Stiching/Knitting
Connectivity
Airport 50 KM
Dry port 65 KM
Railway Station 25 KM
Motorway 0 KM
Highway 5 KM
City Center 15 KM
http://cpec.gov.pk/
http://www.cpecinfo.com/news/pkr-189-billion-worth-of-power-generation-needed-for-cpec-sezs/NzM5Mw==
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