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China Pakistan Economic Corridor (CPEC) | Updates & Discussions

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Orange Line Metro Train
Simulation video of Orange Line Metro Train failing all rumors and propaganda against this mega project which factually will revolutionise the city & bring lot of comfort in the lives of commuters of Lahore.

The simulation video indicate how Orange Line Metro train will look like along with its safe distance from the historical monuments of Lahore.

The simulation also shows how the heritage of Lahore will be protected along with the incorporation of mass transit Project.

 
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I never support PML N nor voted for PML N, but where credit must be due, we have to give that credit,

1. Yes NS effort on Pakistan china economic corridor must be appreciated.
 
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Chinese group to finalise land for Lahore theme park


LAHORE: A delegation of the Golden Bean Group of China will visit Lahore in January to finalise the location of a theme park for which the Punjab Board of Investment and Trade will help the company.

Participants in an investment facilitation committee meeting held at PBIT office on Friday discussed establishment of the amusement park and an aquarium in Lahore.

The board will help the group in land acquisition, road access and water and power supplies.

Punjab Labour Minister Raja Ashfaq Sarwar, PBIT Chairman Abdul Basit, PBIT Chief Executive Officer Amena Cheema, Commissioner Abdullah Sumble and district coordination officers of Lahore and Sheikhupra were present.

It was decided the Golden Bean Group would construct the park in 18 months from the date of land acquisition.

The Lahore Theme Park will be one of its kind amusement parks in Asia which will be fully funded and executed by the Chinese group.

Published in Dawn, December 19th, 2015


China Pakistan ink $2 Billion deal to Build Power Plant in Sindh

BEIJING: China and Pakistan today signed a $2 billion agreement to jointly build a massive coal- fired power station in Pakistan's southern Sindh province.

The project will cost in excess R$2 billion, including the exploitation of a 3.8-million-tonne coal mine and the construction of a 660,000-kilowatt power station near the mine, China's state-run Xinhua news agency reported.

China will contribute USD 800 million to the financing, while the Pakistani partners will provide $500 million, mainly through China Development Bank and Habib Bank.

The project is expected to be completed by the end of 2017, and it will be the first such project in the China- Pakistan Economic Corridor.

The corridor will be a 3,000-kms long network of roads, railways and energy infrastructure between the ports of Gwadar in Pakistan and Kashgar in China's Xinjiang.

It was established to help lift Pakistan out of its economic slumber and boost growth for the Chinese border economy.

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The commercial contracts for Karakoram Highway and Karachi-Lahore Motorway projects are signed in Islamabad.

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Work was halted in chuburji but has restarted now. I would suggest all lahorians to use alternative routes by going around chuburji or using mall. Forget about the start of Multan road from chuburji.
 
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GILGIT-BALTISTAN: Karakoram Highway

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Transport project with China could boost economy

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Chinese President Xi Jinping and Pakistan's President Mamnoon Hussain shake hands at the Great Hall of the People in Beijing on Sept. 2. © Reuters

ISLAMABAD -- The China-Pakistan Economic Corridor initiative, a planned $46 billion network of transport links, appears to be gaining momentum, which is good news for Pakistan's sluggish economy. Still, security and funding issues remain an obstacle.

The CPEC project, agreed to by Chinese Prime Minister Li Keqiang and his Pakistani counterpart, Nawaz Sharif, in May 2013, would connect the Arabian Sea port of Gwadar in southwestern Pakistan with the Xinjiang region of northwestern China upon its scheduled completion in three years.



The corridor is part of China's "One Belt, One Road" initiative to establish a network of transcontinental land and sea routes. China views Gwadar as a potential hub for trade with the Middle East, Africa and Europe. The project is also aimed at promoting development in Xinjiang and Tibet.

Gwadar, a deep-sea port that is widely expected to become Pakistan's biggest, started container ship operations in May.

Claude Rakisits, senior fellow at the South Asia Center of U.S. think tank the Atlantic Council, said the project could be good for Afghanistan, too. "If peace eventually does come to Afghanistan, CPEC will help that country integrate more closely economically with Pakistan and Iran," he said. "And, of course, it will provide direct access to western China and its hinterland ... a vast and fast-growing region in need of development."

Added Rakisits, "Needless to say, with better roads and railroads, the huge Pakistan market will be easier to access for foreign investors."

Aiming too high?

However, some question the Pakistani government's ability to complete the project given its persistent financial difficulties.

"CPEC is a very ambitious and expensive project, and both [Pakistan and China] appear very keen on making it work," said Michael Kugelman, senior associate for South and Southeast Asia at the Woodrow Wilson International Center for Scholars, a U.S. think tank.

But is it too ambitious? "Many of the projects [planned under the CPEC] are in a holding pattern," Kugelman said. "China is supposed to fund Pakistan's side of a new Iran-Pakistan gas pipeline, but until the U.S. releases sanctions on Iran, I doubt this funding will materialize. Also, many of the energy projects associated with CPEC are focused on coal, but Pakistan appears to be scaling back its earlier plans to develop its indigenous coal resources."

 
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The NEWS is a bit old but was not posted here :D :D

Prime Minister Nawaz Sharif will lay foundation stone of Karachi-Lahore Motorway on December 19, 2015.



During the question hour in the House on Thursday, the Minister of State for Parliamentary Affairs Shaikh Aftab Ahmad told that Karachi-Lahore Motorway will cost Rs680 billion and will be completed in 30 months.



The State minister further told that House that funds have been allocated for the construction of various roads under China-Pakistan Economic Corridor (CPEC).

The Karachi-Lahore Motorway is part of the $46 billion CPEC, aimed at upgrading and expanding Pakistani infrastructure. The CPEC will link Pakistan’s southwestern Gwadar Port to China’s northwestern autonomous region of Xinjiang via a vast network of highways and railways.

Earlier in March 2015, the prime minister laid the foundation stone of first phase of Karachi-Lahore motorway project which included the Karachi-Hyderabad motorway. The phase from Karachi to Hyderabad will be completed at a cost of Rs36 billion in 2.5 years.

The Karachi–Lahore Motorway sometimes referred to as ‘KLM’ is a 1,152 km high-speed, access-controlled, 6-lane motorway project. The project will facilitate transit between Karachi and other cities including Hyderabad, Matiari, Tando Adam, Shahdadpur, Nawabshah, Khairpur, Sukkur, Pano Aqil, Ghotki, Abaro, Sadiqabad, Rahim yar Khan, Zahir Pir, Jalalpur Pirwala, Multan, Khanewal, Abdul Hakim, Pir Mahal, Samundri, Jaranwala and Nankana Sahib.

Once the Karachi-Lahore motorway is completed, Karachi will be linked to Multan, Faisalabad, Lahore, Islamabad, Rawalpindi, Peshawar, Gilgit Baltistan, Azad Kashmir directly through 6-lane high speed, access-controlled road network.

The motorway will also link to the 6-lane Hazara Motorway, stretching from Islamabad/ Rawalpindi to Mansehra. The road will be linked to the high-speed Karakoram Highway (KKH), partly under construction.

The ‘KLM’ has been divided into four sections including 136-kilometer Karachi–Hyderabad Motorway, 296-kilometer Hyderabad–Sukkur Motorway, 387-kilometer Sukkur–Multan Motorway and 333-kilometer Multan–Lahore Motorway.

Moreover, the Multan-Lahore Motorway has also been divided into the two sections which include 57-kilometer Multan–Khanewal Motorway and under construction 229-kilometer Abdul Hakim-Lahore Motorway.


Reconstruction of Karakorum Highway (KKH)


 
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Looks like CPEC is moving according to plan or if I maybe so bold to say, that CPEC is moving ahead of schedule Mashallah. Long live CHINA PAKISTAN brotherhood and alliance. CHINA ZINDABAD PAKISTAN ZINDABAD.
 
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Prime Minister visit to Port Qasim Power Projects


Pak-China Science and Technology Park will generate 150,000 jobs in Punjab:

A 10 member delegation headed by Mr. Qi Xinping General Manager of Chinese Government owned construction company Xinjiang (XPCC), visited the office of Punjab Board of Investment and Trade today to discuss the establishment of a science and technology park in Pakistan. The purpose of this park will be research in technology and promotion of innovation.
Xinjiang is also discussed the establishment of a logistics park spread across 1500 acres. The location of this facility will be along the Lahore-Islamabad motorway. The logistics park will have hotels, malls housings and storage facilities. Such logistics parks will help connect Pakistan’s trade corridors to all its investment hubs. Xinjiang is ready to begin construction of these parks in March 2016.
The total investment on this project will be 1.5 billion USD and will generate 150,000 jobs.
Mr. Qi said that this is not just an investment, it is rather the fulfillment of Pak-China friendship which is higher than the Himalayas and deeper than the ocean.
The Chinese government will bring 100 business investors to the economic forum being held in March 2016 by PBIT and COMSATS.


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PM Visit Bin Qasim Coal Power Project - Karachi . He had appreciated the pace of work & urged Chinese Engineers working on site to complete & make the plant functional by 31st December, 2017.

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1320-Megawatt Coal based powerhouse being set-up!

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High Priority Coal-fire Plant to start production by end of 2017
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Another 1,320 MW to be added at Port Qasim under CPEC

Financial closure of the second coal-fired power generation plant has been achieved by Port Qasim Electric Power Company Private Limited which will establish a 1,320 MW project at Port Qasim, Karachi. Earlier, the company signed Implementation Agreement (IA) and Power Purchase Agreement (PPA) on April 18, 2015. The project is being implemented as ”prioritized project” under China Pakistan Economic Corridor (CPEC). The signing ceremony of financial closure was held at the Private Power Infrastructure Board (PPIB) office.

The ceremony was attended by Shah Jahan Mirza, Managing Director, PPIB and Cai Bin, Chief Executive of the company along with other senior officers. The sponsors of the project are Sinohydro Resources Limited, China and Al-Mirqab Capital Qatar, while lender to the project is China Exim Bank. The project is being developed at a cost of $1.9 billion and targeted to start production by end of 2017.


Hazara Motorway/Expressway

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