China-Pakistan Corridor to Add over 2 Million New Jobs in Pakistan

[RiazHaq]

#China-#Pakistan Corridor (#CPEC) to Add over 2M New Jobs in #Pakistan, Boost GDP to 7.5%, Faces #India's Challenge http://bit.ly/2dzhJwu


China-Pakistan Economic Corridor (CPEC) is expected to add over 2 million direct and indirect jobs to Pakistan's economy and boost the country's GDP growth rate to 7.5%.

Jobs & Economic Growth in Pakistan:

US-based consulting firm Deloitte and Touche estimates that China-Pakistan Economic Corridor (CPEC) projects will create some 700,000 direct jobs during the period 2015–2030 and raise its GDP growth rate to 7.5%, adding 2.5 percentage points to the country's current GDP growth rate of 5%.

An additional 1.4 million indirect jobs will be added in supply-chain and service sectors to support the projects. An example of indirect jobs is the massive expansion in Pakistan's cement production that will increase annual production capacity from 45 million tons to 65 million tons, according to a tweet by Bloomberg's Faseeh Mangi. Other indirect jobs will be in sectors ranging from personal services to housing and transportation.




CPEC Benefits for Pakistan & China:

The CPEC will open doors to immense economic opportunities not only to Pakistan but will physically connect China to its markets in Asia, Europe and beyond, according to the Deloitte report.

Almost 80% of the China’s oil is currently transported from the Middle East through the Strait of Malacca to Shanghai, (distance is almost 16,000 km and takes 2-3 months). With Gwadar port in Pakistan becoming operational, the distance would reduce to less than 5,000 km. If all goes well and on schedule, of the 21 agreements on energy– including gas, coal and solar energy– 14 will be able to provide up to 10,400 megawatts (MW) of energy by March 2018. According to China Daily, these projects would provide up to 16,400 MW of energy altogether.

India's War on CPEC:

The biggest challenge that CPEC faces today is India's well-orchestrated effort to sabotage it. Not only are Indian leaders on record as opposing CPEC, the Indian Prime Minister Narendra Modi and his right-hand man Ajit Doval have unleashed a concerted effort to try to make it impossible.

Mr. Modi has openly expressed support for Baloch separatists and Ajit Doval has talked about Pakistan "losing Balochistan". A serving Indian Navy commander Kulbhushan Yadav has been arrested working undercover to wage covert war in Pakistan.

RAW Money Flow:

India has opened up a big money money spigot to use its agents to destabilize Pakistan. RK Yadav, an ex intelligence official of RAW, has in a TV interview (Siyasat Ki Baat with RK Yadav video 6:00 minutes), talked about RAW agents with "suitcases and cupboards full of money".

Ex RAW chief A.S. Dulat has said "money goes a long way" in intelligence operations.

Current National Security Advisor has talked about RAW recruiting terrorists with one-and-a-half times the money they are making from other sources.

RK Yadav has, in his book "Mission R&AW", written about RAW money paid to late Pakistani politician Khan Abul Wali Khan in 1970s. He's also confirmed the existence of RAW-inspired 1960s Agartala Conspiracy that recruited Shaikh Mujib ur Rehman's Awami League to work for Indian intelligence.

More recently, London Police documents have revealed the testimony of MQM leaders Muhammad Anwar and Tariq Mir confirming that Altaf Husain received money from Indian intelligence.

Modi's Campaign to Isolate Pakistan:

While RAW is busy funding terror in Pakistan, the Indian Prime Minister Mr. Modi has launched a diplomatic offensive to have Pakistan declared a "state sponsor of terror". It's intended to deflect attention from Indian Army's brutality against innocent Kashmirisand to cover up his own proxy war of terror to sabotage CPEC in Pakistan.

Summary:

China-Pakistan Economic Corridor is a game-changer for Pakistan. It will build power plants and other infrastrastructure, boost Pakistan's GDP growth to 7.5% and add millions of new jobs to bring prosperity to Pakistan. Indian Prime Minister Modi is very unhappy about it and he has launched a multi-pronged concerted effort to sabotage CPEC by using covert wars and diplomatic offensives to hurt Pakistan. Can Pakistan defeat Indian plans and succeed in building a prosperous future? That is the big question. The answer depends on how well Pakistanis can unite to make it happen.


Related Links:

Haq's Musings

Modi's Covert War in Pakistan

ADB Raises Pakistan GDP Growth Forecast

Gwadar as Hong Kong West

China-Pakistan Industrial Corridor

Indian Spy Kulbhushan Yadav's Confession

Ex Indian Spy Documents RAW Successes Against Pakistan

Saleem Safi of GeoTV on Gwadar

Pakistan FDI Soaring with Chinese Money for CPEC

http://www.riazhaq.com/2016/10/china-pakistan-corridor-to-add-over-2.html

 

[RiazHaq]

Developing countries like Pakistan have a COR (Capital-Output-Ratio) of 4, meaning each 4% of GDP invested adds 1% GDP growth.

With additional 10% of GDP invested, Pakistan should see extra 2.5% GDP growth.

http://www.riazhaq.com/2014/05/declining-investment-hurting-pakistan.html

 

[RiazHaq]

#Russia Think Tank Analyst Andy Korybko: #India’s Hatred of #Pakistan Sabotaging North-South Corridor. #CPEC #China
http://katehon.com/article/indias-geopolitical-hate-pakistan-sabotaging-north-south-corridor

Nobody could have expected that India’s Prime Minister would have used the occasion of celebrating his country’s 69th anniversary of independence to provocatively talk about the state of Baloch affairs in Pakistan. Modi went out of his way to say that some members of this ethnic group “thanked [him], have expressed gratitude, and expressed good wishes for [him]…expressed appreciation for Prime Minister of India, for 125 crore countrymen”. This was an obvious suggestion that the Pakistani Baloch have more loyalty to India and identify its citizens – and not Pakistan’s --- as their “countrymen”, which was a premeditated infowar attack meant to incite further discord within the country just a week after a suicide bomber killed dozens of members of this community in a high-profile attack. Modi’s surprisingly aggressive and very clear intimation that he supports Baloch separatism in Pakistan is bound to lead to a problem sooner than later in the Iranian province of Sistan and Baluchistan right next door, which just so happens to host the Indian-financed port of Chabahar that forms the crucial and irreplaceable terminal for the North-South Corridor. This presents a developing threat for Iran and Russia, both of which are depending on stability in and around Chabahar to ensure the long-term strategic viability of the ambitious transcontinental corridor that will eventually connect South Asia with Western Europe by means of their transit territory.


India’s Research and Analysis Wing (RAW), its version of the CIA, has been actively working to destabilize Balochistan for decades, and one of its key operatives was even caught in the region earlier this year and admitted to preparing terrorist attacks there. Despite India’s red-handed involvement in stirring up trouble in the province, New Delhi officially refused to admit that it had anything to do with events there, which makes Modi’s patently obvious appeal to Pakistani Baloch separatists all the more unexpected and totally contradictory to the country’s previous public stance on the issue. It’s unmistakable that the Indian “deep state” (permanent military-intelligence-diplomatic bureaucracy) intends to escalate tensions inside of Pakistan as ‘payback’ for the protests that have been rocking Indian-administered Kashmir for the past month and a half, and the country’s media is all too eager to assist, having gone overboard in their characteristic jingoism by even comparing Balochistan to Bangladesh. Modi and his subservient favor-currying media outlets thereby discredited all legitimate local grievances that the Baloch might have peacefully held against Islamabad, such as complaints about the lack of provincial infrastructure and the China-Pakistan Economic Corridor’s (CPEC) focus on Punjab, but resolving these issues was never India’s intention to begin with.

 

[Erroroverload]

indians be like

 

[shhh]

7.5 % GDP is too much optimism

 

[ali_raza]

7.5 % GDP is too much optimism

even 5.5 will be game changer.2.5% is only from agriculture so 5.5 is not impossible

 

[Green Ranger]

Only time will tell how much it is true about the jobs , and how much merit is there

 

[AUz]

Pakistan needs sustained growth rates and indigenous growth where our own capital, industries, technological base grows due to transfer of technology, investments, and so on.

CPEC, IF successful, should be looked as only a starter. We need to look long term and dream big.

Pakistani establishment should work on to build local institutions and have a vision of Pakistan being a great power of the world, and not just a regional middle power.

Indian leaders do have this vision of making india a great power, and India is going on the right path. We have the potential too--with our population reaching 300 million and having huge local resources.

 

[Asian.Century]

Massive boost for jobs in Pakistan....Time to erect factories along Cpec routes.

 

[VCheng]

US-based consulting firm Deloitte and Touche estimates that China-Pakistan Economic Corridor (CPEC) projects will create some 700,000 direct jobs during the period 2015–2030 and raise its GDP growth rate to 7.5%, adding 2.5 percentage points to the country's current GDP growth rate of 5%.

This is the link to the report:

https://www2.deloitte.com/content/d...k/pak-china-eco-corridor-deloittepk-noexp.pdf

Deloitte does NOT make this claim. It quotes Reference 1 as saying that, which is Pakistan Times.

 

[That Guy]

7.5 % GDP is too much optimism

Its achievable if the Pakistani government actually goes through with its commitments for reforms, but we're already seeing Nawaz Sharif move away from his commitments.

Having said that, Pakistan will likely achieve around 6% growth within a few years, but will likely not drop below 5%.

 

[war&peace]

If Pakistani people do not punish the corrupt elite and do not plug the holes in the bottom of its economy...nothing will change dramatically...slight improvement or minor improvements may in the lifestyle may occur but it will only be the trickle down affect... The poor will remain poor but the threshold will change.. Anyways....Why to bother so much for the nation of poor...