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China to set up large steel factory at Gwadar: Envoy

Of course, there will be Chinese workers.

If a Chinese worker or manager has specialised skills or experience in specific operations than obviously we need him. Overtime, a Pakistani will replace him because it costs more to hire a Chinese than a Pakistani. People running these operations want to reduce labour costs so they can maximize their profits. I doubt American, Chinese, Pakistani or Indian capitalists have any love for their people. They are in it for the money, not charity.


Yes bro, the project may need Chinese staff in the early stage in professions like metallurgical scientists, engineers, technicians and perhaps even some international sales (e.g. those who know exports markets) as well, say on contract terms, they will go home and rejoin their loved ones after their tours are done. Eventually Pakistani staff will shoulder these long-term careers, as time goes by, more Pakistani men will proudly tell their wife and kids that they are honorable steelworkers who fight for the industrial nation of Pakistan.

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Steelworker, a job calls only for real man​
 
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Is China going to economically colonize Pakistan? It seems its getting bigger grip of your countrys economy and infrastructure every day. May not be that bad today, but God knows what tomorrow brings...
Westerners still exist colonial thinking and mentality! This is shameful
 
@Zaki @Horus @Oscar There was a news item today where the Chinese ambassador himself spoke out against allegations of wrongdoing. I think at this point we should consider sensitivities and at least not allow Indian trolls into this discussion. Maybe it's a good idea to move the discussion to seniors' cafe?
 
Although shipbuilding is a very hi-tech industry, the steel mills can spawn lots of secondary smaller industries such as hand crafted specialty knives, gym equipments such as bar bells, kettle bells etc, steel rods for the construction industry, and too many more to count. Local businessmen can benefit a lot through these side industries.
 
Absolutely correct, but these people must be forced to help other.
Their greed can be used against them by enacting laws that benefits the local population near their factories.


Locals and their expectations are a sensitive subject but this subject isn't unique to Pakistan. China has this problem as well, so does India. In fact, the whole world does. Americans are demanding to build a wall. At least, we are not there yet with any of our neighbours.

In case of Pakistan, the expectations of the locals in Gwadar are fairly basic, i.e., education, security, water, development, jobs etc. Now we can't expect a machinist with a year of vocational training to run the finance division so people will be brought in. For the most part people work hard and climb the ladder of success. Asians know this better than anyone. Odds are you're in France probably working or studying to improve your future because you know there are no shortcuts. I wish you well in that regards.

the concern is legitimate, but answer is wrong. Pakistan should create more business so investors cannot take all. do not view business as static. moreover,Pakistan should have institution for long-term plan.


The concern is not legitimate. He is fear mongering which is a recipe for protectionism — a failed trade policy throughout history. Under Xi Jinping, China is trying to move up the value chain, wages will climb and some industries will move abroad as they did in USA. In that scenario, Pakistan must position itself to attract Chinese investors instead of enacting protectionist measures. If we can't offer a good deal then investors will simply move to Bangladesh, India, Vietnam, etc.

Yes bro, the project may need Chinese staff in the early stage in professions like metallurgical scientists, engineers, technicians and perhaps even some international sales (e.g. those who know exports markets) as well, say on contract terms, they will go home and rejoin their loved ones after their tours are done. Eventually Pakistani staff will shoulder these long-term careers, as time goes by, more Pakistani men will proudly tell their wife and kids that they are honorable steelworkers who fight for the industrial nation of Pakistan.

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Steelworker, a job calls only for real man​


The simple fact is people want to improve their lives. A steelworker doesn't want to be just that forever. He wants a promotion, start a small business and move up in the world. This is true for Chinese workers too. Some will find better opportunities elsewhere and Pakistanis will replace them.

Personally, I hope they stick around. Infusion of new entrepreneurs in a developing country is a good thing. If they start a new business in Pakistan then their future is linked with us. It is no different than Chinese or Pakistanis living in America or elsewhere. Their businesses pay taxes to U.S., not China or Pakistan. Their families are in U.S. and they care about their new home. The hysteria over China's rise is absurd. Has U.S., an economic giant, taken over Mexico? Hardly. In fact, Mexico is growing because of American business. Imagine a Chinese steelworker having lived in Pakistan opens a tourism business to attract Chinese tourists. He benefits, Pakistan benefits, and so do the local people.
 
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We already have a steel mill in Karachi, pretty much rotting, I never thought about such a ship building infrastructure in Karachi.. There is a reason that it has higher probability of becoming success in Gwadar. China is wise, they knows that with Steel Mills they will be able to provide necessary material for construction process in Balochistan and parts of Pakistan. If nothing much to gain then they will always be able to expand their ship building business at Gwadar. It's one of the most ideal place for ship building in the world due to the fact that its one of the busiest lanes of sea traffic with only maintenance service provides around UAE

Yea the steel mill has been there in Karachi since the 70s mate. And so have the shipbuilding docks like Karchi Shipyard and PN shipyard.

http://www.karachishipyard.com.pk/

See Pakistan mentioned anywhere among major shipbuilding nations?

My point is; CPEC is a potential goldmine. But do not let this fool you. A lot needs to be done in governance, human resource development and tax reforms before those sweet sweet dollars start flowing this way. And sadly not much is happening on these fronts.
 
Hamid Mir Jaffar and Cyril Almeda are screaming right now!!!!They cannot stand a prosperous Balochistan, Pakistan
 
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ISLAMABAD, Dec 19 (APP): Acting Chinese Ambassador to Pakistan, Zhao Lijian Monday said that his country would set up a large steel factory at Gwadar to further expedite economic developments being carried out under China-Pakistan Economic Corridor (CPEC) framework.

“Both China and Pakistan would very soon sign an agreement to establish the steel factory, three times bigger than the free economic zone being set up in Gwadar city,” he made this announcement while addressing participants of a day-long conference on CPEC: Potential and Prospects organized by Strategic Vision Institute (SVI) here.

He said, industrial cooperation was the forth pillar of CPEC initiative and both the country would discuss it in the next meeting of Joint Cooperation Committee (JCC) of CPEC to be held in Beijing this month.
“After completion of energy projects, transport infrastructure and development of Gwadar Port, industrial cooperation between China and Pakistan will be the main topic at the next JCC,” he added.

Zhao Lijian informed that China was working a lot for the development of Gwadar Port which was built with the Chinese government’s assistance.

He said, after completion, the port was handed over to Singapore but there was no improvement even after passage of five years.

Finally, it was given to the Chinese government by Pakistan government and the port was made functional and a ship carrying Chinese goods left for Africa.

He said, a business centre, hostel for different companies, fisheries processing plant with cold storage facility had been established in the free economic zone spread over around nine kilometers.

About Gwadar airport up-gradation, he said, the new international airport would have landing facility for all the modern aircraft including A-380 Airbus after completion, adding, prior to the up-gradation only C-130 or propeller-planes could land at the old airport.

The Acting Chinese Ambassador said, a 150-bed hospital was being built for the treatment of local people while a vocational institute had been set up for imparting training of different skills especially for the fishermen.

Talking about different energy project being completed under CPEC initiative in different parts of Pakistan, he particularly mentioned about the coal-based power plants which were being built in accordance with environmental standard set by the World Bank (WB) and other concerned international organizations.
He said, China produces around 60 percent of its total power generation through coal based power stations using modern and state of the art technology.

“The environmental concerns will be taken into consideration during the completion of these power stations,” he added.

Zhao Lijian pointed out hydro power plant, coal based power plants, wind power plants and solar based power plants were being set up to meet the electricity shortage in Pakistan.

He informed that the Karot Power Plant was being financed by the Silk Bank established by the Chinese government.

The groundbraking of Suki Kinari, Kohala Hydro Power Project would be held early next year, he said and added, Sahiwal Power Plant and Port Qasim Power Plant would be completed by next June and December respectively.

He said, a power plant set up at Thar coal site would also be inaugurated in next June.
He said, HUBCO power plant, one of the biggest coal-based power plant, would provide constant and stable power supply throughout the year.

The Acting Chinese Ambassador said, the 50MW wind power plants and the 100-MW solar power plant set up at Balochistan would boost the power production and hoped there would be no loadshedding in Pakistan after completion of all energy projects.

Giving overview of transport infrastructure projects, he said, the Multan-Sukkur section of Peshawar-Karachi motorway would be completed at a cost of US$ 2.8 billion.

He pointed out that no other country was ready to support this project because of being less populated and having less-transport.

China came forward to build this project on Built-Operate-Transfer (BOT) basis in three years.

He said, KKH Phase-II would be completed at a cost of US$ 1.3 billion, adding, its Phase-I had already been completed while Phase-III would soon be planned.

About railways upgradation, he said, after completion of dual tracks, speed of trains could be enhanced upto 160 km per hours.

Speaking on the occasion, Chairman, Parliamentary Committee on CPEC, Senator Mushahid Hussain Sayed said, the CPEC initiative would be beneficial for not only Pakistan and China but also the South Asia and regions beyond.

He said, at a time when nobody was coming forward to help Pakistan, China extended support and confidence to its time-tested friend.

He informed that the land route of CPEC would connect 65 countries through Pakistan’s Gwadar port. He said, China’s cooperation in energy sector, transport infrastructure development including railways upgradation, Gwadar port, development of Thar coal, Karachi-Peshawar motorway, employment to 10,000 Pakistanis and early harvest projects under CPEC had given a new impetus to economic growth.

“These projects have not only pushed Pakistan economic revival but also help integrate different parts of our country,” he added.

Mushahid opined that importance of Shanghai Cooperation Organization (SCO) had increased manifold for regional cooperation and after India’s stubborn attitude regarding South Asian Association of Regional Cooperation (SAARC).

In his welcome address, President, SVI, Dr. Zafar Iqbal Cheema said that the CPEC was not only a game changer for South Asia but also for Central Asia and regions beyond.

He said, CPEC would have global implications over the time, adding, it would promote trade and economic activities in the entire region.

Source: http://www.app.com.pk/china-to-set-up-large-steel-factory-at-gwadar-envoy/
Soon our national lingo will be Chinese ....lolzz
 
Yea the steel mill has been there in Karachi since the 70s mate. And so have the shipbuilding docks like Karchi Shipyard and PN shipyard.

http://www.karachishipyard.com.pk/

See Pakistan mentioned anywhere among major shipbuilding nations?

My point is; CPEC is a potential goldmine. But do not let this fool you. A lot needs to be done in governance, human resource development and tax reforms before those sweet sweet dollars start flowing this way. And sadly not much is happening on these fronts.

Why would you say that?... curious

Thanks


Brother, host of factors but the benefits primarily come from being closer to the port which in this case is Gwadar — a deep-sea port in warm waters of the Arabian sea (Hint: Trade from China, Africa, Middle East, etc.) which is why I'd love to invest in this venture.

Breakdown of the One Belt, One Road (OBOR) economies:

zDtjMtF.png


Breakdown of the One Belt, One Road (OBOR) routes:

iYBovqP.png


Now, most of the moves Pakistan has been making in the last few years can be interpreted through CPEC and OBOR. Turkey is a one belt economy and we are ramping up our trade and defence ties with them. One of the strategic points in the OBOR maritime route is horn of Africa, i.e., Somalia. Pakistan is leaning on Turkey who has a military base in Somalia and a lot of goodwill. We are improving our ties with Sudan (Source A, Source B) which is a one road economy and lies in the maritime route. Now all of this trade will flow through Gwadar.

And if you know your oil markets, this also brings West African oil players in play, i.e., Angola, Nigeria, etc. This explains our new defence ties with Nigeria. Things are not happening randomly. Pakistani decision makers are making their moves and some in the region are terrified because it will challenge their dominance.

If you don't know oil markets, start with: OPEC's big three battle for oil market share until the bitter end (CNBC)

Keeping all of this in mind, imagine the vessel traffic this deep-sea port in warm waters of the Arabian sea will get. Even if a small % of income is generated through ship breaking, ship repairs, ship building etc. This steel mill is going to become a money printing machine. And given our low labour cost, it will remain that way for a while. Ergo,

T3SmLfj.jpg


Soon our national lingo will be Chinese ....lolzz


Suggest you polish your Mandarin, old boy. :partay: :partay: :partay:
 
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Brother, host of factors but the benefits primarily come from being closer to the port which in this case is Gwadar — a deep-sea port in warm waters of the Arabian sea (Hint: Trade from China, Africa, Middle East, etc.) which is why I'd love to invest in this venture.

Breakdown of the One Belt, One Road (OBOR) economies:

zDtjMtF.png


Breakdown of the One Belt, One Road (OBOR) routes:

iYBovqP.png


Now, most of the moves Pakistan has been making in the last few years can be interpreted through CPEC and OBOR. Turkey is a one belt economy and we are ramping up our trade and defence ties with them. One of the strategic points in the OBOR maritime route is horn of Africa, i.e., Somalia. Pakistan is leaning on Turkey who has a military base in Somalia and a lot of goodwill. We are improving our ties with Sudan (Source A, Source B) which is a one road economy and lies in the maritime route. Now all of this trade will flow through Gwadar.

And if you know your oil markets, this also brings West African oil players in play, i.e., Angola, Nigeria, etc. This explains our new defence ties with Nigeria. Things are not happening randomly. Pakistani decision makers are making their moves and some in the region are terrified because it will challenge their dominance.

If you don't know oil markets, start with: OPEC's big three battle for oil market share until the bitter end (CNBC)

Keeping all of this in mind, imagine the vessel traffic this deep-sea port in warm waters of the Arabian sea will get. Even if a small % of income is generated through ship breaking, ship repairs, ship building etc. This steel mill is going to become a money printing machine. Ergo,

T3SmLfj.jpg





Suggest you polish your Mandarin, old boy. :partay: :partay: :partay:
Polish Mandarin ? , would rather redevelop Mandarin food flavor or hangin Cantonese restaurant.
This is my flag..
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A great idea please forward it to government why don't we lease M/s Pakistan Inc. to china ..... and I think they will take it under the umberella of CPEC ........ "Please note that I do not mean to taunt CPEC" ..... Just wanted to highlight complete and utter incompetence of our people to manage our own institutions .......... Ok let me guess next will be "PIA" ...... what will be the news like ahhhhhhhhhhhh ........."China to open new Pakistani national airline and will operate it for us" as we are unable to do so ..............



only the military institutions are working or the Chinese ....... "HOW FAR CAN YOU GO LIKE THIS ......"
 
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