China Pakistan Economic Corridor (CPEC) | Updates & Discussions

[Muhammad Omar]

M-2 Re-Carpeting

 

[Muhammad Omar]

Port Qasim Coal Power Plant

Great Progress:
85% RCC Work complete
87% Machinery ordered.
June 2017: 660 MW
April 2018: 660 MW
Seeing is believing.

 

[Muhammad Omar]

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[Muhammad Omar]

Neelum Jhelum Hydropower Project,

To monitor the performance of Neelum Jhelum Hydropower Project, Minister of state for Water & Power Mr. Abid Sher Ali had visited the project site and had detailed briefing. The Project is being constructed by Energy China Co.

70% construction work of dam has been completed.Design of d dam has been modifed 2 avoid any damage of earth quake. Two hydraulic gates out of 3 have been completed. The rest of work of hydraulic gates will b completed in 2 months

1st TBMs Machine would completed its work in September, 2016 Inshallah! 2nd machine which faced lot of incidents of rock bursting & got damage several time would complete its work in January, 2017

Cans have been fabricated in the steel lining of the project. Power House Complex: Excavation=100% concreting 92 %

13 Transformer have been imported&placed on the site.Excavation of vertical serge shaft&concreting has been completed.

It has been decided that monthly performance of the project would b reviewed&the challenges to the project would b addressed on war footing basis.

 

[Muhammad Omar]

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[Muhammad Omar]

 

[Muhammad Omar]

PAKISTAN’S INVESTMENT PROFILE IMPROVED DUE TO CPEC: AHSAN

ISLAMABAD: Minister Planning, Development and Reform Ahsan Iqbal on Thursday said Pakistan's profile improved enormously in terms of investment destination because of China-Pakistan Economic Corridor (CPEC) coupled with the improved economic indicators and law and order situation across the country.

"Under Vision-2025, we are restructuring of portfolio of our productive sectors on cluster-based approach to transform agriculture, industry and mineral sectors", he said in a meeting with a delegation of Abraaj Group, which called on him at the ministry's office.



He described Pakistan as an attractive investment destination with launch of CPEC and said that Pakistan's perception has changed drastically in 2015 from 2013 when country was labelled as dangerous in the world.

"The world now recognizes Pakistan as next emerging success story," he added.

Ahsan Iqbal said country now needs to capitalize the changed perception of country in the world. For it, present government is launching "Brand Pakistan" campaign to remove the country's misconceptions in the world.

"We have also declared 2016 as year of "Productivity, Quality and Innovation" for achieving competitiveness in the international market", he added.

Ahsan Iqbal said, "We are mobilizing the indigenous resources to develop an export thrust for the economy".

He also highlighted Vision-2025, which lays out a roadmap for taking the country into top twenty five economic of the world by 2025.

"The target is ambitious but achievable if government, private sector and academia synergize their efforts to achieve to eight percent growth rate annually in next ten year", he stated.

Ahsan Iqbal said that government values Pakistani diaspora's contribution in development of energy sector in Pakistan.

He said K-Electric-subsidiary by Abraaj Group - has experience in reform of transmission and distribution of system of electricity in Karachi and said that learning should be shared across energy sector.

Around 10,000 MGW of electricity would be added in the national grid by 2018.

This additional power can be supplied only through timely upgradation of transmission and distribution system by 2018.

He proposed K-Electric to organize a seminar by inviting CEOs of all Discos to discuss the challenges in upgrading transmission and distribution system and the way forward in this regard.

Minister also sought the help of Abraaj Group for institutionalizing contribution by the best human resource of the country living abroad in the economic development through sharing their expertise and experiences.

Planning Commission has adopted a participatory panning approach to provide private sector and diaspora an opportunity to play their role in shaping future of Pakistan.

CPEC helped improve Pak investment destination profile’

ISLAMABAD - Federal Minister Planning, Development and Reforms Ahsan Iqbal Thursday said Pakistan’s profile improved enormously in terms of investment destination because of China-Pakistan Economic Corridor (CPEC) coupled with the improved economic indicators and law & order situation across the country.


Under Vision-2025, we are restructuring portfolio of our productive sectors on cluster-based approach to transform agriculture, industry and mineral sectors. The Minister for Planning & Development stated this in a meeting with a delegation of Abraaj Group, which called on him in Islamabad Thursday.
He described Pakistan as an attractive investment destination with launch of CPEC and said that Pakistan’s perception has changed drastically in 2015 from 2013 when country was labelled as the most dangerous in the world. “The world now recognizes Pakistan as next emerging success story”.

Ahsan Iqbal said that country now needs to capitalize the changed perception of country in the world. For it, present government is launching “Brand Pakistan” campaign to remove the country’s misconceptions in the world. We have also declared 2016 as year of “Productivity, Quality & Innovation” for achieving competitiveness in the international market.

Ahsan Iqbal maintained that we are mobilizing the indigenous resources to develop an export thrust for the economy. Minister also highlighted Vision-2025, which lays out a roadmap for taking the country into top twenty five economic of the world by 2025. “The target is ambitious but achievable if government, private sector and academia synergize their efforts to achieve to eight percent growth rate annually in next ten year”, he stated.

Ahsan Iqbal said that government values Pakistani diaspora’s contribution in development of energy sector in Pakistan. He said K-Electric – subsidiary by Abraaj Group – has experience in reform of transmission and distribution of system of electricity in Karachi and said that learning should be shared across energy sector. Around 10,000 MGW of electricity would be added in the national grid by 2018.

This additional power can be supplied only through timely upgradation of transmission and distribution system by 2018. He proposed K-Electric to organize a seminar by inviting CEOs of all Discos to discuss the challenges in upgrading transmission and distribution system and the way forward in this regard.

Minister also sought the help of Abraaj Group for institutionalizing contribution by the best human resource of the country living abroad in the economic development through sharing their expertise and experiences.
Planning Commission has adopted a participatory panning approach to provide private sector and diaspora an opportunity to play their role in shaping future of Pakistan.

Hazara Motorway/Expressway E-35....

 

[Clutch]

The pace at which this CPEC project is progressing is mind boggling... very excited to see the project mature with time.

 

[Muhammad Omar]

2 Coal-fired Power Plants .. 1320 MW ................SAHIWAL

 

[Muhammad Omar]

Sahiwal Coal Fired Power Plant

COAS, General Raheel Sharif addressed a seminar in Quetta & Said CPEC will change the game.

 

[ghazi52]

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A Welcome to Chinese Premier Chou En-Lai - 1956

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[Muhammad Omar]

PM Inaugurates Gwadar-Hoshab (M-8) Portion Of CPEC


QUETTA: Prime Minister Nawaz Sharif on Wednesday inaugurated the Gwadar-Hoshab (M-8) road and reviewed the work being carried out on the China-Pakistan Economic Corridor (CPEC).

“The land-locked Central Asian states are interested in trade via the Gwadar port,” said the prime minister.

He said on the occasion that CPEC would open new vistas of development and prosperity in the region in general and benefit the country in particular.

The inauguration ceremony of M8 was attended by Chief Minister Balochistan Nawab Sanaullah Zehri, Chief of Army Staff General Raheel Sharif, Commander Southern Command Lieutenant General Amir Riaz and other high ranking military and civilian officials.

The prime minister on the occasion also praised the services and sacrifices rendered by the Frontier Works Organisation (FWO) in the construction of CPEC.

“Despite security problems, work is in full-swing on construction of roads in Balochistan,” added Nawaz.

The Prime Minister elaborated that after completion of CPEC and other related projects, Balochistan would not be dependent for financial aid on the federal government. "CPEC would ensure economic development of Balochistan", he said, adding that the people of the province would be major beneficiaries of the mega project.

-DawnNews

"Projects cannot be completed through mere slogans, rather a strategy was imperative for completion of projects", he said.

The prime minister also reiterated his commitment on the occasion and said efforts were being made to develop Balochistan and bring it at par with other parts of the country.

Read: PM inaugurates western route of CPEC in Zhob

Earlier in January, Prime Minister Nawaz Sharif had inaugurated the western route of the (CPEC) in Balochistan's Zhob and laid the foundation stones of two key projects: upgradation of the Zhob-Mughal Kot section of the Dera Ismail Khan-Qila Saifullah Highway (N-50) and the Qilla Saifullah-Waigam Rud Road section of the Multan-Dera Ghazi Khan-Qilla Saifullah Highway (N-70)

CPEC: Background
The CPEC is a 3,000-kilometer network of roads, railways and pipelines to transport oil and gas from Gwadar Port to Kashgar city, northwestern China's Xinjiang Uygur autonomous region.

Proposed by Chinese Premier Li Keqiang during his visit to Pakistan in May 2013, the CPEC will act as a bridge for the new Maritime Silk Route that envisages linking three billion people in Asia, Africa and Europe.

An official agreement on the corridor was signed between the two countries in May this year during President Xi Jinping's historic visit to Pakistan.

Map courtesy: Planning Commission


A flagship project of the Belt and Road initiative as well, the CPEC intends to revive the ancient Silk Road with a focus on infrastructure, and constitutes the strategic framework of bilateral cooperation.

The project links China's strategy to develop its western region with Pakistan's focus on boosting its economy, including the infrastructure construction of Gwadar Port, together with some energy cooperation and investment programs.

It also involves road and railway construction including an upgrade of the 1,300-km Karakoram Highway, the highest paved international road in the world which connects China and Pakistan across the Karakoram mountains.

The CPEC will reduce China's routes of oil and gas imports from Africa and the Middle East by thousands of kilometers, making Gwadar a potentially vital link in China's supply chain.

New Coal Energy 660 MW Project Being Signed. Chinese Company will construct this Project in
Rahim-Yar-Khan, Punjab

 

[alimobin memon]

Read this post on facebook what is your say guys ?

China Pakistan Economic Corridor at what cost?

Is this a really good Economic package for Pakistan?

Will it hurt Pakistani exporting goods manufacturers in future?
Governing party of Pakistan PML(N) knows that any energy plan which could bring electricity is an easy sell to the people of Pakistan and they are using this to give China an excess to Goader port. PML(N) Government might not even know how this will hurt Pakistan exporting goods manufacturers in future.
First of all we the people of Pakistan should know NOTHING IS FREE and anyone who is investing his money in any project is looking for his own benefit. So don’t think China is helping Pakistan because we are friends.
Is this really a good deal for Pakistan? Mr. Ahsan Iqbal is calling this a deal of the century. This is a much better deal for China but not for Pakistan. Pakistan is giving China $35 billion business to Chinese companies and investors plus a big trade route forever and China is giving Pakistan $11 billion loan in return.
By Mr. Ahsan Iqbal $35 billion will be invested in Energy Sector, which will be built by Chinese Companies. In simple words we are giving $35 billion business to Chinese companies to generate electricity and he didn’t explain that what will be the cost of that electricity? Also there will be $11 billion loan and again he didn’t explain that how much interest we have to pay. Pakistan already has a big financial death. Why are we keep adding in that death?
Chinese main economy depends on manufacturing and exporting their goods and they want their economy to keep growing and bringing their cost of exports down. China is looking different ways to achieve their goal. Chinese economy will suffer if their manufacturing will slow down, which is declining right now. They need this trade route to our Goader port so they can bring their cost of manufacturing down.
China is giving an investment package of $46 billion to Pakistan which most of Pakistani experts believe will never be fully materialized. About this project, most development statements which come from Pakistan Government are just a way to get around. Majority of Pakistan economists think that it will not help Pakistan’s trade because China doesn’t import much from Pakistan. However right now China has trade imbalance of 50% with Pakistan.
If Pakistan is giving $35 billion business to China, as fare trade China should give same dollar amount business to companies of Pakistan. Government of Pakistan will not do this, because it will have very less chance of any commissions or kickbacks for Politicians.
More likely every Government of Pakistan has done those development projects which they can get commissions and kickbacks. The politicians who are not happy with this China-Pakistan corridor and as soon as they will get some part from $46 billion project, they will stop complaining.
By PML(N) Government this project is the project of the century and turning point for Pakistan. Let me remind you that PML(N) has always said the same kind of statements for all their previous failed projects. 1- Qarz Utaro Mulk Sawaro, 2- Yellow Taxi, 3- Sastee Rooti and so on.
People of Pakistan need jobs that are good paying white collar jobs for our educated people. Students those who are finishing their degrees are very disappointed in future of finding jobs. This government needs to change its economic planning team and get help from experts those who can help in creating new jobs.

Here is one example of our city Sialkot:
This Chinses trade route will dimension most of Pakistan’s hard earned foreign exchange by our exporting goods manufacturer. This route will kill jobs and destroy export sector. Our exporters already have very tough competition with China in the world’s market as of right now.
Sialkot is the only big industrial city of Pakistan which was never connected with any major Motorway because Sialkot always had a week leadership and politician.
Sialkot is second largest city of Pakistan in manufacturing and exporting goods for more than 100 years. Sialkot is exporting goods since 1918 and now supplying goods to almost every country of the world, directly or indirectly.
Sialkot exports are around 1600 Million annually and it is strengthening our national economy, also it has more than 10,000 manufacturing companies. Sialkot provides employments to more than 700,000 people directly or indirectly.
Sialkot is the world's largest producer of hand-sewed footballs, with local factories manufacturing 60 million footballs a year, amounting to roughly 70% of world production.
The world’s biggest brands sourcing a large portion of their supplies of goods from Sialkot are Adidas, Nike, Puma, Select, Lotto, Umbro, Mitre, Micassa, Diadora, Wilsons and Decathlon. Sialkot supplies footballs from this export-oriented city and hub of cottage industry of the country.
Sialkot’s surgical instruments are exported to United States, Germany, United Kingdom, France, Italy, Dubai, Japan, and Netherlands and 20% to rest of the world.
Sialkot’s other big exporting sector is Leather garments and this sector is bringing an important foreign exchange for Pakistan. It is earning 217 Million, employed more than 12,000 employees and 217 unite of big and small factories.
Sialkot’s manufacturing industry includes:
Sporting Goods: All Cricket sporting goods, All Hockey sporting goods, Polo Sticks, Footballs, etc.
Sportswear: Track suits, Boxing, Cycling, Shorts, T-shirts, Wind breakers, Judo/Karate kits, Casual wear, Stockings, etc.
Leather Garments: Leather jackets, Leather gloves, Leather belts, etc.
Surgical Instruments: All kind of surgical instruments.
All of Sialkot manufacturing industry has very tough competition with China and if we will give China this easy and free trade route then most of Pakistan exporting industry will suffer. At the end Pakistan will suffer.
Do the people of Pakistan need this electricity with the cost of killing Export Manufacturers, Jobs and hard earned Foreign Exchange?
When Mr. President Bill Clinton made free trade deal with China, most of politicians didn’t understand the long term economic effects, that it will hurt American Jobs and helped China the most. Now American are beginning to realize and trying to reverse that deal. America is a strong country. It can come back and make changes to help American economy but Pakistan’s industry can’t survive if this deal will go through.
Exporters of Pakistan should be very concerned and raise their voices before it’s too late.
Mark our words!

The Wisdom of Possibilities

 

[Muhammad Omar]

Hazara Expressway E-35

 

[Muhammad Omar]

Hazara Expressway E-35