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China Pakistan Economic Corridor (CPEC) | Updates & Discussions

SuperStar20

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Question to pakistani, the road and other infrastructure build for CPEC is loan to pakistan or it owned by chinese.
How pakistan will benefits from this after completion? Is it a revenue sharing model?
 

ghazi52

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PSDP 2020-21, covers 32 CPEC projects to be financed with an allocation of Rs. 77 billion.


✅ML-1,
✅KCR,
✅Zhob-Kuchlak Road,
✅Yarik-Zhob including Zhob Bypass
✅Improvement & Widening of Chitral-Booni-Mastuj
✅Naukandi-Mashkhel





 

JSCh

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Agreement signed in Pakistan for hydropower project under CPEC
Source: Xinhua| 2020-07-07 09:32:21|Editor: huaxia

ISLAMABAD, July 7 (Xinhua) -- The concessional agreement of the 700.7-MW Azad Pattan Hydropower Project under the China-Pakistan Economic Corridor (CPEC) has been signed, a breakthrough for the implementation of the project, according to China Gezhouba Group.

The signing of the agreement between China Gezhouba Group, the investor of the project, and the Pakistani side was witnessed on Monday by Pakistani Prime Minister Imran Khan, Chinese ambassador to Pakistan, ministers and representatives of the project partners.

Addressing the signing ceremony, Prime Minister Khan expressed pleasure over the progress of the project, adding that it would provide green and cheap energy and would help the country save the environment.

"I am happy because this project is under CPEC and it is not a loan but an investment which will benefit Pakistan from all sides," said the prime minister during the ceremony telecasted live at local TVs, adding that CPEC is a great project which would take Pakistan to progress.

According to China Gezhouba Group, the project on a build, own, operate and transfer (BOOT) basis will be built at the Jhelum River. With a total investment of 1.54 billion U.S. dollars, the construction period of the project is expected to be 69 months and the hydropower plant will be generating some 3.265 billion units of clean energy per year and provide relief to the water shortage in the local areas once commissioned.

A large number of jobs will also be created during the construction period of the project, and the development of local transportation industry, building materials industry and other hydropower related industries will be promoted, said the Chinese company.

 

ghazi52

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CPEC Update :

New Optical fibre cable has been operationalised from Khunjrab to Islamabad.

In the next phase will be laid from Islamabad to Karachi & Islamabad to Gwadar as part of
digital highway plan, foundation for digital/IT revolution-project are being processed in conjunction with China.











 

JSCh

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Pakistani gov't launches CPEC internship program to empower young people
Source: Xinhua| 2020-08-16 09:45:21|Editor: huaxia

Photo taken on Nov. 18, 2019 shows a view of the expressway section of the Karakorum Highway (KKH) project phase two in Pakistan. (Xinhua/Liu Tian)

The program features recruitment of 100 interns, who will get monthly stipend after their allocation to specific industries and sectors, and development of leadership and management skills.

ISLAMABAD, Aug. 16 (Xinhua) -- The Pakistani government has announced a three-month internship program for the young people of Pakistan under the China-Pakistan Economic Corridor (CPEC), Chairman of the CPEC Authority in Pakistan Asim Saleem Bajwa said on Saturday.

In a series of tweets, Bajwa announced the launch of the CPEC internship program, which he said is an inclusive and national project and will play a role as the engine of growth.

Bajwa said with "60 percent youth population" in Pakistan, a tremendous opportunity exists to develop young leaders with maximum productivity.

"In the spirit of Youth empowerment/to develop young leaders, we announce to offer an opportunity to you to join CPEC specific internship for 3 months," he tweeted, adding that all eligible Pakistanis can apply.

According to the information available about the internship program on the official website of the CPEC Authority, everyone is eligible under 30 years of age with a bachelor's degree in any discipline.

The program features recruitment of 100 interns, who will get monthly stipend after their allocation to specific industries and sectors, and development of leadership and management skills.

The internship program will start in October and continue until December of this year.
 

JSCh

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