7 Infographics which explain all you need to know about the CPEC project.

[A2Z]

they give your their Airfields in 65, along with Oil ..
there are glitches in every foreign policy but that does not mean you consider a country hostile ..
we need friends , we have plenty of Enemies out there ..

65 was during Shah's time and it is a fact that Iran after the revolution can not be called as friendly as other muslim nations like Turkey could be called. It is also very clear that Iran is more friendly to India then it is to Pakistan. You have a point that we already have too many enemies and we can not afford another in the face of Iran.

 

[Shan-e-ibrahim]

Rome was not built overnight and neither would the CPEC Project.

But it is really a great start and it will definitely blow new life in the Pakistani Economy which is currently on life support because of the Energy and Law and Order situation.

God Bless Pakistan.

Indeed but political drama is yet to begun on route. IK has already threatened that any changes in route will weaken the federation.

 

[Pakistanisage]

Indeed but political drama is yet to begun on route. IK has already threatened that any changes in route will weaken the federation.

I tend to support IK on most issues but like all Pakistanis my first and foremost Loyalty is to Pakistan and Pakistani National Interest. Any leader that gets in the way of Pakistan's greater interest will lose credibility and will be wiped out. I hope IK will not make that blunder.

 

[Shan-e-ibrahim]

I tend to support IK on most issues but like all Pakistanis my first and foremost Loyalty is to Pakistan and Pakistani National Interest. Any leader that gets in the way of Pakistan's greater interest will lose credibility and will be wiped out. I hope IK will not make that blunder.

What I think is, the projects will be heavily delayed because one side there is this insurgency problem in KPK other side political interest.

How do you see, will they start it from south first going towards north , or coming from north?

 

[Muhammad Omar]

You mean MQM who are still at large in Karachi or do you mean towel heads in Lal Masjid who are still untouchables in the capital or do you mean ethnicity infested Punjab ....Do you want me to name who is who and what is what in Punjab ?


The most stupid post of the year ...

ANP and all other parties who stood up for the rights of Pashtuns defending the Western (Original) route for Pak China Economic Corridor, finally the federal govt in APC held today agreed to complete the Western route via DI Khan and Zhob first.....!

There were 3 routes from the Start of the Project announced in 2013... please give me the source or something about the original route... check the forum again we were posting this again and again that there is not just 1 route but multiple routes...

And ANP was saying that there is no western route there is only one route which is shifted from KPK and Balochistan to Sindh Balochistan and Punjab even the map you shared shows only one route,,,,

 

[Kabira]

ANP and all other parties who stood up for the rights of Pashtuns defending the Western (Original) route for Pak China Economic Corridor, finally the federal govt in APC held today agreed to complete the Western route via DI Khan and Zhob first.....!

Don't twist the facts and say they decided it because of ANP. That route is already under construction for years.

 

[Muhammad Omar]

Government allocates Rs194b for corridor projects

ISLAMABAD:

In an attempt to fast track work on completing the missing links of the China Pakistan Economic Corridor (CPEC), the federal government has proposed one-third or Rs194 billion allocations for the corridor projects in the new budget.

The huge allocations are made to complete the missing links on trade route corridors besides initiating feasibility studies to link Khunjerab with other parts of the country through rail link. The maximum allocations are proposed for the road sector projects, according to the Ministry of Planning’s estimates.

About two and a half dozen projects valuing Rs842 billion are proposed to be included in the federal Public Sector Development Programme (PSDP) 2015-16. For the first year, Rs194 billion have been allocated for carrying on work on these medium and large sized projects, which are 33% of the proposed budget of Rs580 billion.

In order to provide security for CPEC and Chinese citizens working in Pakistan, a project to raise 28 wings of Civil Armed Forces has also been included in the new PSDP. The government has proposed Rs3.5 billion allocation for the new fiscal year while the total cost of the project is Rs7.5 billion. The money allocated for raising nine battalions of Pakistan Army is over and above this cost.

The government has allocated Rs71.3 billion for the construction of a 387-kilometre long Multan-Sukkur section of the eastern route project. The total cost of this road project is Rs259.3 billion. For the 296-km long Sukkur-Hyderabad section of the eastern route of the CPEC, the government has decided to allocate Rs10.5 billion in the new fiscal year. The total cost of this project is Rs148 billion and it has yet to be approved by the competent authorities.

The government has also decided to construct a 230-km long Lahore-Abdul Hakeem section at a cost of Rs131 billion. For the new fiscal year, it has proposed Rs40 billion to carry out work on this project, which has not yet been approved.

Similarly, for the construction of the 120km Thakot to Havelian section, the government has proposed Rs28.5 billion allocation; the total cost of this project is Rs95.4 billion. For acquisition of land for this project, the government has allocated another Rs6 billion.

Similarly, for the construction of Islamabad-Dera Ismail Khan road, which will link the eastern route with the central route, the government has proposed Rs6.8 billion while the total cost of this project is Rs55 billion.

The government has additionally proposed Rs1.8 billion allocation for the construction on Burhan-Havelian road section, having total estimated cost of Rs39.5 billion.

For the construction of a new road to The Gwadar International Airport, the government has proposed Rs503 million and Rs30 million have been allocated for the new fiscal year.

In order to meet contingency requirements of the CPEC projects, the Ministry of Planning and Development has kept Rs8.3 billion as spared funds, which will be provided to meet the financing gaps.

To complete work on the Gwadar port, the government has proposed seven projects worth Rs41.6 billion. It has allocated Rs9.2 billion for the next year. These projects include construction of breakway waters, capital dredging of berthing areas, infrastructure development for Export Processing Zone Authority, Pak-China Technical and Vocational Centre and upgradation of existing 50-bed hospital to 300-bed hospital at Gwadar.

The government has also proposed Rs4.7 billion allocation for construction of Eastbay Express way that will link Gwadar with the coastal highway. The total cost of the project is Rs14.1 billion.
Development projects

Funds Allocated
Multan-Sukkur section of eastern route

Rs71.3b
Sukkur-Hyderabad section of the eastern route

Rs10.5b
Lahore-Abdul Hakeem section

Rs131b
Thakot to Havelian section

Rs28.5b
Islamabad-Dera Ismail Khan road

Rs6.8b
Burhan-Havelian road section

Rs1.8b
New road to the Gwadar International Airport

Rs30m
Seven projects on Gwadar port

Rs9.2b
Eastbay Express Way

Rs4.7b

Published in The Express Tribune, May 28th, 2015.

 

[Lavrentiy]

Well political correctness demands that the corridor passes through the smaller provinces

But

Does anybody think that the Chinese are retarded so as to invest in a road passing through terrorist infested areas?
---------------------------------
I think that only the eastern roads passing through Sindh and Punjab would eventually be the real corridor. Just one terrorist incident in Balochistan and KPK would deter the Chinese from going through those areas. Heck, I would never travel to these two provinces myself, let alone the Chinese.

 

[black-hawk_101]

Pakistan should welcome Western Companies to invest in Industry like Textile and Engineering.

 

[cirr]

It is my sincere hope that these projects will help make Pakistan an 1 trillion USD economy as early as possible。

 

[Arsalan]

Really? This is all i could get from internet.

Foreign investment: Chinese group makes first installment for cotton mills
By Imran Rana
Published: November 3, 2014
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"It might be possible that they have problems with MTM to withdraw agreements of partnership, but Shandong was directly involved with FIEDMC," FIEDMC CEO Aamir Saleemi. PHOTO: AFP

FAISALABAD: Chinese textile giant Shandong Ruyi Technology Group Limited has paid the first installment to the Faisalabad Industrial Estate Development and Management Company (FIEDMC) in order to start construction work for Pakistan’s largest cotton-spinning mills.

With a total investment of $2 billion, the mills would consist of 600,000 spindles, generating thousands of jobs in the textile hub of the country.

A delegation from the International Commercial Bank of China (ICBC) has visited the project site and approved the investment plan for the Faisalabad Shandong Ruyi Textile Park, according to FIEDMC officials.

FIEDMC CEO Aamir Saleemi said there were rumours that China was planning to reverse the investment plan and was no longer interesting in installing textile units in Faisalabad. He added that there was no truth to this, as procedural work leading to construction activities is already under way.

They are making payments according to the agreement with FIEDMC authorities, he added. According to the agreement, the Chinese have to complete the payment in three installments. The first will cover 10% of the total amount, while the second will cover 40% and 50% will be covered in the third.

The 10% was the cost of land as investors will now pay the second instalment next week. This is just the beginning, Saleemi added, as they are expecting huge Chinese investments in the industrial estate in the near future.

In the beginning of October, FIEDMC issued the letter to the Chinese group to start their construction work according to the contract. Infrastructural and construction machineries dispatched from China will arrive in Faisalabad in a few days.

According to authorities, Shandong acquired the land and started construction work. They added that the construction of buildings, residential apartments and boundary walls has officially begun.

Two coal-based power plants of 270 megawatts – 135 MW each – are installed in the industrial estate to facilitate the energy requirements of the companies.

The development of the zone is increasing as other Chinese companies are also showing interest to invest in the area. Saleemi added that a well-known Chinese dry battery manufacturing company has also purchased 14 acres of land to install a unit there.

The MTM conundrum

Saleemi said that the Shandong Ruyi group was directly engaged with the FIEDMC management in all their financial and investment plans. He said there is no connection to the agreement the Chinese group has with Masood Textile Mills (MTM).

“It might be possible that they have problems with MTM to withdraw agreements of partnership, but Shandong was directly involved with FIEDMC,” he added.

To facilitate the Chinese investors, FIEDMC started teaching the Chinese language to their employees. For this purpose, they signed an agreement with the National University of Modern Languages Islamabad to deliver daily Chinese language lectures at the FIEDMC office.

According to industry experts, Shandong Ruyi is one of the largest textile conglomerates in China. The Chinese are losing competitive edge in their home country because of high wages – almost six times higher than in Pakistan – which gives them more incentive to invest here. This is the highest foreign investment in the textile sector of Pakistan, they added.

THE WRITER IS A STAFF CORRESPONDENT

Published in The Express Tribune, November 3rd, 2014.

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Faisalabad industrial zone: Chinese group to invest $2b, set up largest spinning unit - The Express Tribune

well i do not know about all these complex twisted words that usually come after any such mess up but what i know is that the spinning mill, 60000 spindles plant that was being set up at MTM by some chinese company is gone now. The warehouses are there, infrastructure was almost done but suddenly the project was canceled and there is no progress anymore as of now. Just for reference, i live in Faisalabad and am a Textile Engineer and in textile export business. So that is my source of information, direct relation at MTM and business terms there.

AS for the plant, if it was completed, that would have been MASSIVE and would have caused amazing changes in the local yarn and fabric market. The implications were huge and would have been a BIG STEP forward. it is really unfortunate that it stopped, for now at least! The worst part is, it is not that only this one opportunity is missed but also many other interested parties will reevaluate there investment plans.

 

[Neutron]

We need to develop sepecial wing for planing and continuous analysis on the basis of multiple dimensions in changing scenarios in order to attain maximum result out of these projects. There can be many interventions from neighbouring countries, problems leading to public protest on specific issues. ISI guys now its your show. Greater authority brings greater responsibility. Time too shoot down all corrupt and manipulators out of the business. To protect this great project I think we need to establish special desk , with large amount of manpower and brains. Every firm , company and group of people associated with the project needs to be monitored round the clock keeping the initiatives with the state organs.

 

[Lavrentiy]

We need to develop sepecial wing for planing and continuous analysis on the basis of multiple dimensions in changing scenarios in order to attain maximum result out of these projects. There can be many interventions from neighbouring countries, problems leading to public protest on specific issues. ISI guys now its your show. Greater authority brings greater responsibility. Time too shoot down all corrupt and manipulators out of the business. To protect this great project I think we need to establish special desk , with large amount of manpower and brains. Every firm , company and group of people associated with the project needs to be monitored round the clock keeping the initiatives with the state organs.

I appreciate your idea but it ain't gonna happen.

 

[Kabira]

well i do not know about all these complex twisted words that usually come after any such mess up but what i know is that the spinning mill, 60000 spindles plant that was being set up at MTM by some chinese company is gone now. The warehouses are there, infrastructure was almost done but suddenly the project was canceled and there is no progress anymore as of now. Just for reference, i live in Faisalabad and am a Textile Engineer and in textile export business. So that is my source of information, direct relation at MTM and business terms there.

AS for the plant, if it was completed, that would have been MASSIVE and would have caused amazing changes in the local yarn and fabric market. The implications were huge and would have been a BIG STEP forward. it is really unfortunate that it stopped, for now at least! The worst part is, it is not that only this one opportunity is missed but also many other interested parties will reevaluate there investment plans.

I don't get one thing, like this news which is only few months old. Or this is separate deal?


Industrial estate: Chinese firm to invest $2b

FAISALABAD:
The international branding of the Faisalabad Industrial Estate Development and Management Company (FIEDMC) reflects the global trust in the organised and futuristic industrial development of this dynamic city, said Faisalabad Chamber of Commerce and Industry (FCCI) President Engineer Rizwan Ashraf.

Speaking at a presentation arranged by FIEDMC, he said China’s Shandong Ruyi, which is expected to invest $2 billion, is convinced that FIEDMC will provide the best infrastructure with internationally compliant environment in addition to providing trained and skilled manpower.

Chief Operating Officer Amer Saleemi said that FIEDMC is spread over 4,500 acres of land with expected investment of billions of dollars, which will add 2% to the country’s gross domestic product. FIEDMC Chairman Khawaja Asim Khurshid said there was tremendous pressure to increase the prices of plots, but despite that the plots were still available at the six-year-old rates.

He said the Chinese company has planned to set up a state-of-the-art weaving unit of 650,000 spindles with a 270-megawatt coal-fired power plant in the first phase over 1,000 acres of land.
Published in The Express Tribune, February 19th, 2015.

 

[Arsalan]

I don't get one thing, like this news which is only few months old. Or this is separate deal?


Industrial estate: Chinese firm to invest $2b

FAISALABAD:
The international branding of the Faisalabad Industrial Estate Development and Management Company (FIEDMC) reflects the global trust in the organised and futuristic industrial development of this dynamic city, said Faisalabad Chamber of Commerce and Industry (FCCI) President Engineer Rizwan Ashraf.

Speaking at a presentation arranged by FIEDMC, he said China’s Shandong Ruyi, which is expected to invest $2 billion, is convinced that FIEDMC will provide the best infrastructure with internationally compliant environment in addition to providing trained and skilled manpower.

Chief Operating Officer Amer Saleemi said that FIEDMC is spread over 4,500 acres of land with expected investment of billions of dollars, which will add 2% to the country’s gross domestic product. FIEDMC Chairman Khawaja Asim Khurshid said there was tremendous pressure to increase the prices of plots, but despite that the plots were still available at the six-year-old rates.

He said the Chinese company has planned to set up a state-of-the-art weaving unit of 650,000 spindles with a 270-megawatt coal-fired power plant in the first phase over 1,000 acres of land.
Published in The Express Tribune, February 19th, 2015.

This is confusing me as well. I will have to check it here and will surely share the details