China Pakistan Economic Corridor (CPEC) | Updates & Discussions

[Muhammad Omar]

1320 MW Port Qasim Coal Power Project, Karachi, Sindh, Pakistan

CPEC China Pakistan Economic Corridor

 

[Prawnsroo]

Not related - edited

 

[Muhammad Omar]

CPEC Balloki Power Plant Update DEC 2016

Kasur Balloki Combined Cycle Power Plant is Under Construction Near Balloki Canal and will Produce ~ 1000 MW of Electricity.

Balloki Power Plant Haveli Bahadur Shah Power Plant and Bhikki Power Plant are not part of CPEC instead Bhikki is by Punjab Government and rest 2 are by Federal Government of Pakistan

 

[Prawnsroo]

Balloki Power Plant Haveli Bahadur Shah Power Plant and Bhikki Power Plant are not part of CPEC instead Bhikki is by Punjab Government and rest 2 are by Federal Government of Pakistan

Thanks for the correction, I have now edited my post.

 

[ghazi52]

Four new schemes to be part of CPEC

ISLAMABAD: Pakistan and China are set to make four new infrastructure schemes worth $8 billion part of the China-Pakistan Economic Corridor next week but prospects for early inclusion of Punjab government’s Orange Line Metro project and the Karachi Circular Railway remain bleak. The inclusion of the four schemes would increase the size of CPEC to nearly $54 billion.

The upcoming sixth meeting of the Joint Cooperation Committee, the highest decision-making body of CPEC, would be different from past five meetings. This time, all chief ministers for the first time are expected to attend the JCC. Each of them would be seeking inclusion of mass transit projects in their provincial capitals in the CPEC framework, according to officials of the Planning Ministry.

Punjab Chief Minister Shahbaz Sharif would be keen to get the $1.6 billion Orange Line Metro project into CPEC to win Rs20 billion tax concessions. Punjab government would also seek inclusion of a $662 million steel mill project, which is planned to be set up at Chiniot, in the CPEC framework, according to Punjab’s planning minister.

Sindh Chief Minister Murad Ali Shah would want the much-delayed $2.6 billion Karachi Circular Railway to get a place in CPEC after the Japanese have apparently backed out. K-P Chief Minister Pervaiz Khattak has also forwarded the proposal of a Peshawar Metro bus project to be made part of CPEC while the Balochistan chief minister would like to have the Quetta Light Rail project in the CPEC.

However, none of these four mass transit projects would be officially made part of the CPEC, during the upcoming JCC meeting. The Joint Working Group on Infrastructure has not discussed these projects, which is a prerequisite, said sources in the planning ministry. The agenda of the JCC, which will meet in Beijing, has already been finalised, they said. However, the expectations are that the JCC would forward these projects to the respective working group for its technical and financial evaluation, the sources said.

Few days back, the Sindh CM requested the prime minister to make the Karachi Circular Railway a part of the CPEC framework, said Ahsan Iqbal on Thursday. A planning ministry official said that Prime Minister Nawaz Sharif has set up a committee under the joint leadership of Member Infrastructure of Planning Commission Malik Ahmad Khan and Additional Chief Secretary Sindh. The joint committee would work to resolve the issue of land between Pakistan Railways and the Sindh government for smooth execution of the Karachi Circular Railway.

Pakistan Railways has demanded money in return for land, which the Sindh government is not eager to pay due to its impact on the cost of the project, said the officials. However, if Karachi Circular Railway eventually becomes part of the CPEC framework, the provincial government may get concessional financing from China like the one offered to Orange Line Metro project.

Japan International Cooperation Agency has not responded to our numerous letters, therefore, we have decided to seek Chinese financial assistance, said Nasir Shah, Sindh Minister for Transport while talking to The Express Tribune. He said that Sindh government has also forwarded Keti Bandar Seaport project for its inclusion into the CPEC framework.

New projects

It is expected that the JCC would announce to include four new infrastructure projects in the CPEC framework, according to the sources. They said that ML-I Peshwar-Karachi railway line project would be formally added into the CPEC framework. The total cost of the project is over $8 billion out of which China is expected to give $5.5 billion loan.

The JCC may also approve to include three projects of National Highway Authority (NHA) into the CPEC framework. These include $200 million Khuzdar-Basima road project, Dera Ismail Khan-Zohb project of western route worth $800 million and a missing section of Thakot-Havelian of the eastern route, said the sources.

 

[Clutch]

$30bn in CPEC projects implemented so far: Ahsan Iqbal

Federal Minister for Planning, Development and Reform Ahsan Iqbal said Tuesday that projects worth $30 billion have been implemented under China-Pakistan Economic Corridor (CPEC).

Addressing academics from Peking University in China prior to 6th Joint Cooperation Committee (JCC) scheduled on December 29 the minister said that CPEC was the biggest project under China's One-Belt One-Road initiative that will unite the entire region.

He said that with the addition of new projects in the 6th JCC, investment in CPEC will further increase. He said that CPEC related industrial cooperation will kick-start an economic revolution in Pakistan while the economic zones will generate investment and employment opportunities for the country.

Eight industrial zones will be set up in all provinces of the country, he said, adding that there is recommendation of 2 zones within Balochistan, including Gwadar free zone.

For the security of Chinese companies working on CPEC, a new security force has been formed, he added.

He said China and Pakistan together will defeat all anti-CPEC forces, adding that participation of high level officials from the provinces in JCC is the symbol of national unity and commitment.

"The involvement of provinces in JCC with full spirit will help complete the CPEC projects on fast pace," he added.

He said education, agriculture and tourism sectors will eventually grow in long-term programmes.

The minister said that China and Pakistan universities should work together to promote education and added that people-to-people contacts will also be developed through CPEC.

He said that various projects of cooperation between Pakistan and China media industry are also under consideration.

 

[Clutch]

 

[JSCh]

Yearender: CPEC enters into full implementation with remarkable progress
Source: Xinhua 2016-12-27 17:59:32
by Liu Tian

ISLAMABAD, Dec. 27 (Xinhua) -- Three years on, the China-Pakistan Economic Corridor (CPEC), described by Pakistani Prime Minister Nawaz Sharif as a "game changer" for the entire region here, has entered into full implementation in 2016 and remarkable progresses have been achieved.

Chinese ambassador to Pakistan Sun Weidong reiterated on many occasions that 16 early harvest projects, including several power stations, highways and projects related to Gwadar Port, are under construction and tens of thousands of new jobs have been created for local people.

"The China-Pakistan Economic Corridor is building a more amicable bond between our two brotherly countries. Our friendly cooperation is ushering in a golden era for greater development," said Sun during the ceremony of installation of a new chandelier at Mazar-e-Quaid, or the Mausoleum of the Founder of Pakistan Muhammad Ali Jinnah, in Karachi on Dec. 17.

Last month, a trade convoy organized by the two countries successfully passed through the western part of Pakistan for the first time from the north to the south, proving the connectivity of local roads and the realization of the concept of "one corridor with multiple passages" under the CPEC.

Meanwhile, Gwadar Port also marked its first export of massive containers to overseas destinations in November, showing that the port's designed handling capacity has been restored.

"Since the commencement of the CPEC, 2016 is the year when we have seen a project completed or start working. In addition to the Gwadar Port operations, Prime Minister Sharif also inaugurated a number of others projects in the country, especially in some routes in the western part of the CPEC. There are at least 39 projects, the majority of them related to energy, where obvious progress has been seen during 2016," Saeed Chaudhry, director of the Islamabad Council for International Affairs, told Xinhua in a recent interview.

Chaudhry's remarks include the second phase of upgrading the Karakorum Highway from Havelian to Thakot and the highway linking Pakistan's largest cities of Karachi and Lahore. Both of the two highways have been smoothly implemented and for the former, the Abbottabad Tunnel construction project has begun and seen substantive progress.

In terms of the energy field, China is helping boost green, low-carbon and sustainable energy development to address power shortage in Pakistan.

Several wind power farms and hydropower stations are under construction and the eye-catching Port Qasim coal-fired power project in Karachi, which adopts a costly method to lower the temperature of the seawater used to cool the generating units in order to prevent them from heating up water temperature around the coast, is expected to be completed ahead of schedule and play its role in addressing Pakistan's electricity shortage.

"We are not coming only for big projects, we are here to help countries, such as Pakistan, to plan and design their future energy development blueprints so as to address problems they are facing and to make the projects a reality," Yan Zhiyong, chairman of the Power Construction Corporation of China, which is charged with the construction of the Port Qasim coal-fire power project, told Xinhua earlier.

According to Bilal Khan, a senior economist at Standard Chartered Bank (Pakistan) Ltd., due to the enhanced infrastructure such as roads and railways brought by the CPEC, the gross domestic product (GDP) growth should increase from around 4.7 percent last year to around 6 percent by 2019, and stay around the same level for 2020 in the southern Asian country.

"The CPEC itself for Pakistan at a bare minimum offers a significant opportunity for the country to address its supply side constraints such as weak foreign capital inflow," Bilal Khan told Xinhua earlier, adding that the CPEC will attract foreign direct investment from both private and public sectors to help keep a balanced current account in Pakistan against a backdrop of rebounding oil prices.

"Before the CPEC, Pakistan's economy was feeble and stagnant, and investors, even ones of Pakistan origin were reluctant to invest in it, but right now the economic indicators of Pakistan have turned positive, investors from around the world are flocking to Pakistan, and the country's economy has been given new life and is booming and full of future prospects. Pakistan's main issue is shortage of revenue and unemployment, but the CPEC will provide solutions for the both," Chaudhry also pointed out.

The professor also said that further afield, from Russia to central Asian states to Sri Lanka, the CPEC will bring a change to the countries' economies and to the lives of more than 3 billion people living in this region.

"The project has already become the center of global attention, especially in our region," concluded the professor.

 

[Muhammad Omar]

CPEC:The government Invest $4 billion for 3 Economic Zones along with CPEC Routes.

Faisalabad Industrial Estate, Sheikhupura Industrial Estate and Haripur Industrial Estate
The government is expecting $4 billion as fresh investment in three industrial zones that will be set up in Punjab and Khyber-Pakhtunkhwa (K-P) along the China-Pakistan Economic Corridor (CPEC) routes, said a senior official of Faisalabad Industrial Estate Development and Management Company.

In the first phase, the Faisalabad Industrial Estate, Sheikhupura Industrial Estate and Haripur Industrial Estate are expected to fetch over Rs400 billion or nearly $4 billion investment in setting up factories and purchasing land, said Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chief Operating Officer Aamir Saleemi while talking to The Express Tribune.
In the Faisalabad Industrial Zones alone as many as 650 new factories are expected to be set up, he added. Recently, a company has purchased land at a cost of Rs1 billion for setting up a factory, said Saleemi.
The Punjab government has proposed Sheikhupura and Faisalabad cities for setting up these industrial units in the first phase of setting up Special Economic Zones. The Joint Cooperation Committee of the CPEC that is meeting in Beijing from Wednesday would take up these proposals, according to officials of Punjab government.

After the first three years of planning and approvals, the CPEC has started taking shape, which suggests that the project’s impact will not be limited to the $46 billion Chinese investment in energy and infrastructure projects.
The investment in the industry is the solution to uplift the economy and reduce the unemployment in the country. Saleemi said that recently six major Chinese companies have signed an agreement with FIEDMC authority to invest in Faisalabad Industrial Estate. In the first step, they have purchased land to install their units, adding that mostly new investment is being made in engineering, food and processing sectors. In the first step, they will invest $150 million, he added.

Saleemi said that after the inauguration of the Gwadar Port the international image of the country has improved. “The CPEC has brought new investment and the rest of the world wants to trade with Pakistan,” he claimed.

He underlined the importance of the textile sector in the overall national economy and said that it is contributing 65% towards earning foreign exchange. Similarly, this sector is also providing jobs to 35 to 40% of the total labour force.

Chief Minister Pervez Khattak in a meeting in China regarding Economic Zone, IT. CM also discussed the establishment of Chinese Language Center in Khyber Pakhtunkhwa. KPK

 

[Clutch]

 

[Muhammad Omar]

#CPEC China Pakistan Economic Corridor

180 km #Hazara #Motorway E-35 under construction
Phase one and two to be completed in March 2017 . Phase 3 to be completed in Nov 2017 and fully completed 2018 ,E-35 Motorway will be Hasan Abdal, Jari Kas, Khanpur, Havelian Dhamtour Mansehra. Shankiri Thahkot

 

[The Eagle]

https://twitter.com/x/status/815920763354091520

https://twitter.com/x/status/815942127863627777

https://twitter.com/x/status/815920304287547392

 

[ahsanhaider]

Short Video on CASA 1000 Energy Project

[youtube]RlkAaZo8u9Y[/youtube]

 

[Clutch]

Short Video on CASA 1000 Energy Project

[youtube]RlkAaZo8u9Y[/youtube]

Great idea but it's vulnerable node is Afghanistan. A country with a vendetta against pakistan and will blackmail pakistan by cutting the cord.

So it is just a pipe (wire) dream

 

[ahsanhaider]

http://mulk.pk/2017/01/05/6-cpec-power-projects-which-can-end-load-shedding-in-pakistan/
http://mulk.pk/2017/01/05/6-cpec-power-projects-which-can-end-load-shedding-in-pakistan/