How can CPEC be a Game Changer for Pakistan?

[_NOBODY_]

How can CPEC be a Game Changer for Pakistan?

In conversation with Mr. Khalid Mansoor, Special Assistant for Prime Minister for CPEC, this episode discusses the significance of China-Pakistan Economic Corridor (CPEC) projects for growth and economic prosperity of Pakistan. What exactly the CPEC is? What are the three phases of CPEC all about? Is common perception about CPEC being another East India Company or a debt trap true? What kind of loans, grants and aid projects China is doing in Pakistan under CPEC? What are the renewable energy options for power generations in Pakistan? How Pakistan’s carbon foot print is comparatively better than the other countries? How many environmentally friendly power projects does Pakistan have? There are issues with circular debt and capacity payments in wake of increased installed capacity; does government has any plans to fix the issues of transmission and distribution in phase 2 and 3 of CPEC? How is government deal with the issue of circular debt? Are we taking full benefit of Special Economic Zones (SEZs) being developed under CPEC or are there some implementation issues at that end? Where is Pakistan now in terms of increasing skill set of youth through vocational training under CPEC projects? How is CPEC going to geographically integrate Pakistan in broader regions? How do you CPEC maneuvering in global geopolitics?

00:00 Introduction
01:05 What is China-Pakistan Economic Corridor (CPEC)?
07:10 Phases of CPEC
12:10 CPEC: Another East India Company or A debt trap?
18:00 Chinese Foreign Direct Investment (FDI) coming under CPEC
19:26 Coal or Renewable energy options for power generation in Pakistan
26:38 Pakistan’s low carbon foot print and environmentally friendly power projects
28:45 Power capacity payments and circular debt
36:29 Special Economic Zones (SEZs) under CPEC and Industrial
Revolution
45:40 Vocational training institutes
50:50 Geographical integration and regional connectivity
55:15 CPEC in the light of global politics
01:00:12 Outro

@ghazi52 @araz @The Eagle @The Accountant @That Guy @Irfan Baloch @PanzerKiel @AgNoStiC MuSliM @Imran Khan @PAKISTANFOREVER @waz @Windjammer @WinterFangs @KaiserX @niaz @farok84 @AZADPAKISTAN2009 @MastanKhan @krash @FOOLS_NIGHTMARE @Bilal Khan (Quwa) @Cookie Monster @Bratva @Foxtrot Alpha @Rafael @Rafi @Trango Towers @TNT @Indus Pakistan @Falcon26 @Norwegian @LeGenD @Iltutmish @notorious_eagle @Akh1112 @mingle @Dazzler @AZADPAKISTAN2009 @Tipu7 @Horus @Ark_Angel @SQ8 @Goenitz @messiach @TaimiKhan @SecularNationalist @farok84 @Blacklight @Meengla @Ahmet Pasha @White and Green with M/S

 

[Norwegian]

How can CPEC be a Game Changer for Pakistan?

In conversation with Mr. Khalid Mansoor, Special Assistant for Prime Minister for CPEC, this episode discusses the significance of China-Pakistan Economic Corridor (CPEC) projects for growth and economic prosperity of Pakistan. What exactly the CPEC is? What are the three phases of CPEC all about? Is common perception about CPEC being another East India Company or a debt trap true? What kind of loans, grants and aid projects China is doing in Pakistan under CPEC? What are the renewable energy options for power generations in Pakistan? How Pakistan’s carbon foot print is comparatively better than the other countries? How many environmentally friendly power projects does Pakistan have? There are issues with circular debt and capacity payments in wake of increased installed capacity; does government has any plans to fix the issues of transmission and distribution in phase 2 and 3 of CPEC? How is government deal with the issue of circular debt? Are we taking full benefit of Special Economic Zones (SEZs) being developed under CPEC or are there some implementation issues at that end? Where is Pakistan now in terms of increasing skill set of youth through vocational training under CPEC projects? How is CPEC going to geographically integrate Pakistan in broader regions? How do you CPEC maneuvering in global geopolitics?

00:00 Introduction
01:05 What is China-Pakistan Economic Corridor (CPEC)?
07:10 Phases of CPEC
12:10 CPEC: Another East India Company or A debt trap?
18:00 Chinese Foreign Direct Investment (FDI) coming under CPEC
19:26 Coal or Renewable energy options for power generation in Pakistan
26:38 Pakistan’s low carbon foot print and environmentally friendly power projects
28:45 Power capacity payments and circular debt
36:29 Special Economic Zones (SEZs) under CPEC and Industrial
Revolution
45:40 Vocational training institutes
50:50 Geographical integration and regional connectivity
55:15 CPEC in the light of global politics
01:00:12 Outro

@ghazi52 @araz @The Eagle @The Accountant @That Guy @Irfan Baloch @PanzerKiel @AgNoStiC MuSliM @Imran Khan @PAKISTANFOREVER @waz @Windjammer @WinterFangs @KaiserX @niaz @farok84 @AZADPAKISTAN2009 @MastanKhan @krash @FOOLS_NIGHTMARE @Bilal Khan (Quwa) @Cookie Monster @Bratva @Foxtrot Alpha @Rafael @Rafi @Trango Towers @TNT @Indus Pakistan @Falcon26 @Norwegian @LeGenD @Iltutmish @notorious_eagle @Akh1112 @mingle @Dazzler @AZADPAKISTAN2009 @Tipu7 @Horus @Ark_Angel @SQ8 @Goenitz @messiach @TaimiKhan @SecularNationalist @farok84 @Blacklight @Meengla @Ahmet Pasha @White and Green with M/S

Unless Pakistan gets its exports in order, no CPEC or anything else can become game charger

 

[niaz]

Pakistan is borrowing hell of a lot of money from China under CPEC which has to be repaid sooner or later. Additionally, CPEC has international ramifications because USA sees China as the main adversary, forcing Pakistan to walk on a tight rope; keeping USA neutral while keeping closing relations with China.

IMHO one can only decide after CPEC has been completed and in full operation for at least a couple years. If the benefits outweigh the onerous debt burden, it would indeed be a game changer. At this point in time, I can only opine that with so much invested in Pakistan, China is likely to ensure Pakistan's territorial integrity and assist Pakistan against Indian nefarious designs.

Understand from a Bangla Deshi acquaintance that China is pushing them to have good relations with Pakistan but Bangla Desh gov't is procrastinating because they don't want to incur Indian wrath. India may also eventually realise that it is unwise to have two hot fronts and attempt to improve relations with her Western neighbour, focussing her energy on the Eastern border instead. Let us wait and see and hope for the best because Pakistan needs to urgently improve her economy and CPEC at least provides an opportunity.

I wish I was a clairvoyant and say something with more certainty.

 

[Indus Pakistan]

CPEC

If you were on this forum back in 2015/16 you will know I was a big proponent of CPEC and did indeed consider it a 'game changer' but I did say I had concerns, actually just two concerns.

I never doubted CPEC's potential for overhauling Pakistan's infra, power gen, power lines, railways etc that might be called the hardware component of CPEC. I did however worry that CPEC would fail to overhaul Pakistan's cultural outlook and configure it for the modern trading world, call this overhauling the countries 'software'. This concern has come true. CPEC and the Chinese have struggled if even failed to bring about a change in the outlook of the people. TLP and others are as strong as aware. This type of culture militates against a country integrating into world trading system - something Banglasdesh and India have done so successfully.

To put it bluntly Pakistan is configured as a religious state and pretence as guardian of Islam rather then a trading nation like China, Singapore, in South Asia increasingly Bangla/India.

Medina Riyasat might be a great model but it certainly is not a model that will pull in global multi-nationals. Instead it will encourage TLP types and this is exactly what will keep happening.

The bizzare thing is the real Medina riyasat - AKA Saudia Arabia is slowly moving to a modern trading country that is integrated with the global trading order.

 

[DocEinstein]

Unless Pakistan gets its exports in order, no CPEC or anything else can become game charger View attachment 790466View attachment 790467

There is zilch advancement towards local production and exports. The local market is flooded with sub-standard chinese products with no incentive towards promoting even basic locally produced quality products. Industry is near dead in Pakistan. Local populace do not want to hear anything, not interested in paying taxes, or enforce a judiciary which is not laughable and bought for a few lakhs to even pardon murder. The last 3-4 Chief justices deserved to be hanged at Minar-e-Pakistan or the Mausoleum of the great Quaid.
The current government has failed miserably at scrutinizing CPEC projects and functionality, enforcing and to re-structure with the chinese after the previous governments signing indiscriminately Pakistan's future away for a few pennies hoarded away for their haram offsprings.
I fear Pakistanis will be in for very rude awakening when it comes to Iron brother China.
The only silver lining is the current world order forming up against China fearful of Chinese economy and upcoming power.
China does need crucial support and coalition at this critical time considering all the western efforts to form a coalition against it.
But is there a sane mind available in the current system to seek benefits and look after Pakistan's interest ?
Yes give give give and sell your soul away but do not take what you deserve.
Pakistanis will continue to live in la la land till the walls come crashing down.

 

[Goenitz]

@_NOBODY_
Tomorrow IA..
Anyway, can Pak be just transit for Chinese goods to Arabian Sea? Pak cannot compete China in manufacturing sector except garments, surgical tolls etc. Our forte is agriculture. We shd increase acreage and just export both North and south.

 

[Norwegian]

The current government has failed miserably at scrutinizing CPEC projects and functionality, enforcing and to re-structure with the chinese after the previous governments signing indiscriminately Pakistan's future away for a few pennies hoarded away for their haram offsprings.

Oh you want CPEC to end up like Reko Diq case when a former chief justice tried to re negotiate and it landed 6 billion dollar record penalty on Pakistan

How Pakistan lost $6 billion on a gold mine - Asia Times

PESHAWAR - Pakistan’s US and France based real estate assets are at risk of confiscation as a United Kingdom court moves to enforce an arbitration

asiatimes.com

 

[Hakikat ve Hikmet]

CPEC is in fact changing the game:

• Afganistan is consolidated to an extent to go for the next phase
• Terrorist Indians are at the backfoot as the entire LAC is now ignited! LOC is slowly joining at the stage
• Paks can now think about geo-economics taking precedence
• Paks are getting ready to take on the final proxy terrorists aka Mafias in politics, business, bureaucracy, judiciary, media, NGOs, academia, sports etc.
• Paks are finally getting serious with the fiscal discipline, investments, infrastructures, logistics, trade, exports, technologies, poverty alleviation etc.
• Etc.

 

[DocEinstein]

Oh you want CPEC to end up like Reko Diq case when a former chief justice tried to re negotiate and it landed 6 billion dollar record penalty on Pakistan

How Pakistan lost $6 billion on a gold mine - Asia Times

PESHAWAR - Pakistan’s US and France based real estate assets are at risk of confiscation as a United Kingdom court moves to enforce an arbitration

asiatimes.com

Ummmm Did I not mention last 3-4 chief justices need to be hanged.

 

[Indus Pakistan]

Anyway, can Pak be just transit for Chinese goods to Arabian Sea?

Do you know what freights costs are by land compared to sea? 95% of Chinese industrial centres are located on the Chinese seaboard 3,000 miles east of Pak/China border. Then there is 1,000 miles of the CPEC route to Gwadar. By the time the product is exported from Gwadar it would cost more then gold.

 

[The Accountant]

If you were on this forum back in 2015/16 you will know I was a big proponent of CPEC and did indeed consider it a 'game changer' but I did say I had concerns, actually just two concerns.

I never doubted CPEC's potential for overhauling Pakistan's infra, power gen, power lines, railways etc that might be called the hardware component of CPEC. I did however worry that CPEC would fail to overhaul Pakistan's cultural outlook and configure it for the modern trading world, call this overhauling the countries 'software'. This concern has come true. CPEC and the Chinese have struggled if even failed to bring about a change in the outlook of the people. TLP and others are as strong as aware. This type of culture militates against a country integrating into world trading system - something Banglasdesh and India have done so successfully.

To put it bluntly Pakistan is configured as a religious state and pretence as guardian of Islam rather then a trading nation like China, Singapore, in South Asia increasingly Bangla/India.

Medina Riyasat might be a great model but it certainly is not a model that will pull in global multi-nationals. Instead it will encourage TLP types and this is exactly what will keep happening.

The bizzare thing is the real Medina riyasat - AKA Saudia Arabia is slowly moving to a modern trading country that is integrated with the global trading order.

Your hate for islam is beyond understanding.

 

[Abid123]

Your hate for islam is beyond understanding.

Inferiority complex most likely.

 

[_NOBODY_]

Do you know what freights costs are by land compared to sea? 95% of Chinese industrial centres are located on the Chinese seaboard 3,000 miles east of Pak/China border. Then there is 1,000 miles of the CPEC route to Gwadar. By the time the product is exported from Gwadar it would cost more then gold.

China wishes to relocate many of it's export oriented industries to Western China and nearby areas(Pakistan and Central Asia). The nearest ports to Western China is Gwadar and Karachi.

@_NOBODY_
Tomorrow IA..
Anyway, can Pak be just transit for Chinese goods to Arabian Sea? Pak cannot compete China in manufacturing sector except garments, surgical tolls etc. Our forte is agriculture. We shd increase acreage and just export both North and south.

People need to understand that semi skilled and even skilled labor is becoming expensive in China due to which China is relocating many of their factories to less developed and much cheaper Western China. The interview answers these questions in more detail.

 

[fitpOsitive]

How can CPEC be a Game Changer for Pakistan?

In conversation with Mr. Khalid Mansoor, Special Assistant for Prime Minister for CPEC, this episode discusses the significance of China-Pakistan Economic Corridor (CPEC) projects for growth and economic prosperity of Pakistan. What exactly the CPEC is? What are the three phases of CPEC all about? Is common perception about CPEC being another East India Company or a debt trap true? What kind of loans, grants and aid projects China is doing in Pakistan under CPEC? What are the renewable energy options for power generations in Pakistan? How Pakistan’s carbon foot print is comparatively better than the other countries? How many environmentally friendly power projects does Pakistan have? There are issues with circular debt and capacity payments in wake of increased installed capacity; does government has any plans to fix the issues of transmission and distribution in phase 2 and 3 of CPEC? How is government deal with the issue of circular debt? Are we taking full benefit of Special Economic Zones (SEZs) being developed under CPEC or are there some implementation issues at that end? Where is Pakistan now in terms of increasing skill set of youth through vocational training under CPEC projects? How is CPEC going to geographically integrate Pakistan in broader regions? How do you CPEC maneuvering in global geopolitics?

00:00 Introduction
01:05 What is China-Pakistan Economic Corridor (CPEC)?
07:10 Phases of CPEC
12:10 CPEC: Another East India Company or A debt trap?
18:00 Chinese Foreign Direct Investment (FDI) coming under CPEC
19:26 Coal or Renewable energy options for power generation in Pakistan
26:38 Pakistan’s low carbon foot print and environmentally friendly power projects
28:45 Power capacity payments and circular debt
36:29 Special Economic Zones (SEZs) under CPEC and Industrial
Revolution
45:40 Vocational training institutes
50:50 Geographical integration and regional connectivity
55:15 CPEC in the light of global politics
01:00:12 Outro

@ghazi52 @araz @The Eagle @The Accountant @That Guy @Irfan Baloch @PanzerKiel @AgNoStiC MuSliM @Imran Khan @PAKISTANFOREVER @waz @Windjammer @WinterFangs @KaiserX @niaz @farok84 @AZADPAKISTAN2009 @MastanKhan @krash @FOOLS_NIGHTMARE @Bilal Khan (Quwa) @Cookie Monster @Bratva @Foxtrot Alpha @Rafael @Rafi @Trango Towers @TNT @Indus Pakistan @Falcon26 @Norwegian @LeGenD @Iltutmish @notorious_eagle @Akh1112 @mingle @Dazzler @AZADPAKISTAN2009 @Tipu7 @Horus @Ark_Angel @SQ8 @Goenitz @messiach @TaimiKhan @SecularNationalist @farok84 @Blacklight @Meengla @Ahmet Pasha @White and Green with M/S

Nothing is game changer till people start to work, leaders start to work.
And if this happens, we don't need any game changers. We will start making game changers for others.

 

[GeraltofRivia]

CPEC will be a game changer by enabling rapid economical growth and eventually industrialization of Pakistan. The reason that I feel confident about its victory is that most of components underpinning economical development in Pakistan are being put inro place, we just need to be a bit patient with it. Even Shenzhen tooks a decade to take shape, with all the resources available to it.

CPEC phase one will bring transportation and energy infrastructure, two main components for industrial development. The other two components will be mostly played by Pakistan people and government namely a work force that likes to work hard and keen to be successful and a business friendly environment eg tax, land access, etc. I have watched a lot of Chinese vblog in Pakistan that document their interactions with common Pakistanis. What I see is that a lot of Pakistani people are hard working and industrious people and all they need is work opportunity so they can have a respectful career and take care of their family. They may need more training to get them up to the standard but man's attitude is the most important. I should not generalize but I think there are a significant number of people have the right attributes when more work opportunity becomes available.

Security situation is still a big challenge for CPEC and Pakistan to be successful. However I am confident that as long as we have the common goal and work on it tirelessly, we will conquer the challenge eventually.