China Pakistan Economic Corridor (CPEC) | Updates & Discussions

[SHAMK9]

But our @SHAMK9 has a crush on Hellen Mirren !

my only crush is Mahira Khan

 

[A1Kaid]

Despite security concerns, China is set to invest heavily in Pakistani infrastructure projects. Beijing is looking for new ways to import energy and support in its fight against terrorism.

Last week, Pakistani Prime Minister Nawaz Sharif met with China's President Xi Jinping during his first official visit to Beijing aimed at courting Chinese investment in his country's ailing transport and electricity generating sectors.

During the five-day visit, a total of eight pacts were signed, including one for the construction of an "economic corridor," a 2,000-kilometer (1,200-mile) transport project connecting the city of Kashgar in northwestern China to the Pakistani port of Gwadar, likely by road in the beginning and possibly by rail later.[/B

But project developers will not only have to surmount enormous geographical obstacles, but also to deal with the terror threat coming from different militant extremist groups within Pakistan, particularly in Balochistan province. "The chances of the plan succeeding will largely depend on the security situation in Pakistan," said Christan Wagner, South Asia expert at the Berlin-based German Institute for International and Security Affairs (SWP).

Liu Xiaoxue, from the Beijing-based Institute of Asia-Pacific Studies, explains that there have been many abductions and attacks on Chinese citizens in the region. But she also emphasized that China had no other choice if it wanted to remain Pakistan's largest contractor. "China can only hope that by investing in Pakistan, the economy of the South Asian nation will bounce back," Liu told DW.]

Excerpt: China increases investment in Pakistan | Asia | DW.DE | 11.07.2013


This is great news, several months ago I had discussed road linkage with Kashgar.

http://www.defence.pk/forums/genera...ram-highway-reconstruction-5.html#post3855072

 

[Kompromat]

Gwadar-Kashgar motorway to strengthen Sino-Pak ties

July 13, 2013

ISLAMABAD - Islamabad Chamber of Commerce and Industry (ICCI) president Zafar Bakhtawari said on Friday that Sino-Pak agreement of 2700 kilometer long Gwadar-Kashgar motorway will open new avenues of relationship in trade and economy between the two countries. Talking to APP, Zafar Bakhtawari said that the “National Economic Corridor” agreement with China is a hallmark of Prime Minister Nawaz Sharif’s government which will benefit more than 3 billion people.

Bakhtawari informed APP that according to this agreement, on 2700 kilometer motorway, 200 kilometer long tunnels with 70 main bridges will be constructed. This agreement will expand ties with China on economic grounds, ICCI president said. He further said that trade corridor between two countries will open new vistas for development in the region.


Gwadar-Kashgar motorway to strengthen Sino-Pak ties

 

[A1Kaid]

Gwadar-Kashgar motorway is a great step forward, China can make easier exports via Gwadar, and possibly other Central Asian countries nearby Kashgar.

 

[A1Kaid]

Deal reached and signed on the new economic corridor and road connecting Gwadar to Kashgar.

China, Pakistan reach deal on ‘economic corridor’


By Miles Yu July 18, 2013

China and Pakistan signed an agreement July 5 that will create an “economic corridor” linking northwestern China to the Arabian Sea, according to the official government newspaper China Daily.

The project is “long term,” and will seek to construct highways, rail lines and energy pipelines connecting the city of Kashgar in China’s Xinjiang region to the deep-water Pakistani port of Gwadar, which is operated by a Chinese state-run company. The port is located near the Pakistani-Iranian border overlooking the mouth of the Strait of Hormuz, a key oil transportation sea lane.

Chinese and Pakistani officials at the signing ceremony in Beijing's Great Hall of the People downplayed the project’s strategic aspects. They stressed the economic benefits the two countries will enjoy.

“Our two countries can closely link China’s Western Development Strategy with Pakistan’s development strategy of reviving its economy,” Chinese Premier Li Keqiang told Pakistani Prime Minister Nawaz Sharif.

Source: Inside China: China, Pakistan reach deal on 'economic corridor' - Washington Times


This is excellent news highways, rail link, and energy pipeline connected with Kashgar! This is what Pakistan and China have been working towards and agreement has been finalized we will see construction phase begin soon enough.

 

[A1Kaid]

Really happy about this news, Pakistan will be better connected with Kashgar and western China. This will bring significant economic benefit to Pakistan and western China.

The street markets of Kashgar, in the Xinjiang region of China 2013 - YouTube

 

[Argus Panoptes]

Deal reached and signed on the new economic corridor and road connecting Gwadar to Kashgar.



Source: Inside China: China, Pakistan reach deal on 'economic corridor' - Washington Times


This is excellent news highways, rail link, and energy pipeline connected with Kashgar! This is what Pakistan and China have been working towards and agreement has been finalized we will see construction phase begin soon enough.............

This is the complete text of that part of the story, and the map is not from that source.

Please note that all the Chinese Premier said was that the "two countries can closely link China’s Western Development Strategy with Pakistan’s development strategy of reviving its economy", that is all. CAN, not WILL. It is a very carefully worded statement that is typical of Chinese diplomatic language, and should be interpreted carefully.


Inside China: China, Pakistan reach deal on 'economic corridor' - Washington Times

Inside China: China, Pakistan reach deal on ‘economic corridor’

By Miles Yu
Thursday, July 18, 2013

China and Pakistan signed an agreement July 5 that will create an “economic corridor” linking northwestern China to the Arabian Sea, according to the official government newspaper China Daily.

The project is “long term,” and will seek to construct highways, rail lines and energy pipelines connecting the city of Kashgar in China’s Xinjiang region to the deep-water Pakistani port of Gwadar, which is operated by a Chinese state-run company. The port is located near the Pakistani-Iranian border overlooking the mouth of the Strait of Hormuz, a key oil transportation sea lane.

Chinese and Pakistani officials at the signing ceremony in Beijing's Great Hall of the People downplayed the project’s strategic aspects. They stressed the economic benefits the two countries will enjoy.

“Our two countries can closely link China’s Western Development Strategy with Pakistan’s development strategy of reviving its economy,” Chinese Premier Li Keqiang told Pakistani Prime Minister Nawaz Sharif.

Mostly financed and built by Beijing, Gwadar assumes great importance in China’s strategy for bypassing U.S.- and India-dominated waters and points east of the Strait of Hormuz.

This year, the Pakistani government prematurely ended a contract with a Singaporean company that had been managing Gwadar, and transferred management to the Beijing-owned China Overseas Holding Ltd.

“Now that the management of Gwadar has been handed over to China, we expect that Gwadar is ready to become a very important economic hub and an important Arabian Sea port,” Mr. Sharif was quoted in China Daily.

Pakistan is China’s most significant ally in the region. China sells about half of its military hardware exports to Pakistan, including combat aircraft, missile technology and light- to medium-sized arms.

Analysts say that the Chinese-Pakistani joint project will greatly impact the geostrategic outlook of the region.

 

[A1Kaid]

This is the complete text of that part of the story, and the map is not from that source.

Please note that all the Chinese Premier said was that the "two countries can closely link China’s Western Development Strategy with Pakistan’s development strategy of reviving its economy", that is all. CAN, not WILL. It is a very carefully worded statement that is typical of Chinese diplomatic language, and should be interpreted carefully.


Inside China: China, Pakistan reach deal on 'economic corridor' - Washington Times

Inside China: China, Pakistan reach deal on ‘economic corridor’

By Miles Yu
Thursday, July 18, 2013

China and Pakistan signed an agreement July 5 that will create an “economic corridor” linking northwestern China to the Arabian Sea, according to the official government newspaper China Daily.

The project is “long term,” and will seek to construct highways, rail lines and energy pipelines connecting the city of Kashgar in China’s Xinjiang region to the deep-water Pakistani port of Gwadar, which is operated by a Chinese state-run company. The port is located near the Pakistani-Iranian border overlooking the mouth of the Strait of Hormuz, a key oil transportation sea lane.

Chinese and Pakistani officials at the signing ceremony in Beijing's Great Hall of the People downplayed the project’s strategic aspects. They stressed the economic benefits the two countries will enjoy.

“Our two countries can closely link China’s Western Development Strategy with Pakistan’s development strategy of reviving its economy,” Chinese Premier Li Keqiang told Pakistani Prime Minister Nawaz Sharif.

Mostly financed and built by Beijing, Gwadar assumes great importance in China’s strategy for bypassing U.S.- and India-dominated waters and points east of the Strait of Hormuz.

This year, the Pakistani government prematurely ended a contract with a Singaporean company that had been managing Gwadar, and transferred management to the Beijing-owned China Overseas Holding Ltd.

“Now that the management of Gwadar has been handed over to China, we expect that Gwadar is ready to become a very important economic hub and an important Arabian Sea port,” Mr. Sharif was quoted in China Daily.

Pakistan is China’s most significant ally in the region. China sells about half of its military hardware exports to Pakistan, including combat aircraft, missile technology and light- to medium-sized arms.

Analysts say that the Chinese-Pakistani joint project will greatly impact the geostrategic outlook of the region.

Of course they used "can" and they showed their intentions by the signing of the agreement. China really needs this plan to materialize and Pakistan will certainly benefit. So you have to interpret their action which is indicative of their will to complete this project.

CAN, not WILL. It is a very carefully worded statement that is typical of Chinese diplomatic language, and should be interpreted carefully.

You are seriously reading too much into it, they signed the agreement and China needs road linkage and railway linkage with Gwadar so they can import and export from western China. He was just speaking about how both countries CAN develop this corridor and hence they are ready to do so with the signing of this agreement.

and the map is not from that source.

That's why I didn't include it in the article or quotation.

 

[darkinsky]

i suspect this economic corridor is not viable for china itself

it will be for the sole benefit of pakistan linking to central asia


if it was for china they would have showed a lot of interest

 

[A1Kaid]

i suspect this economic corridor is not viable for china itself

it will be for the sole benefit of pakistan linking to central asia


if it was for china they would have showed a lot of interest

Well China has been handed over the Port Operations in Gwadar, now they need a sustainable and convenient linkage to Gwadar from western China. Hence, this agreement has been signed to create the necessary infrastructure connecting Gwadar to Kashgar. Highway, hi-speed rail linkage, and energy pipeline were agreed upon in the agreement signed. The Chinese Government, has shown a lot of interest they understand it is a vital part of their geostrategy they need a short and viable route to the Strait of Hormuz and Gwadar is adjacent to that.

 

[darkinsky]

Well China has been handed over the Port Operations in Gwadar, now they need a sustainable and convenient linkage to Gwadar from western China. Hence, this agreement has been signed to create the necessary infrastructure connecting Gwadar to Kashgar. Highway, hi-speed rail linkage, and energy pipeline were agreed upon in the agreement signed. The Chinese Government, has shown a lot of interest they understand it is a vital part of their geostrategy they need a short and viable route to the Strait of Hormuz and Gwadar is adjacent to that.

china is only looking for naval port where they can keep their interests intact in the oil supply

 

[Edevelop]

Pakistani cabinet approves major economic accord with China

ISLAMABAD, July 25 (Xinhua) -- Pakistani Federal Cabinet on Thursday accorded ex-post facto approval for start of negotiations and signing of Memorandum of Understanding on the cooperation of developing "China-Pakistan Economic Corridor" long-term plan, officials said.

The cabinet meeting, presided over by Prime Minister Nawaz Sharif, also approved action plan between National Development and Reform Commission of China and Ministry of Planning and Development of Pakistan, an official statement said.

The Prime Minister paid official visit to China from July 3 to 8 at the invitation of Chinese Premier Li Keqiang. This was Nawaz Sharif's first foreign visit since he assumed office last month.

The Prime Minister briefed the Cabinet on his successful visit to China and informed the members that both countries had agreed on the implementation of a mega-project of Gwadar-Kashgar economic corridor which would not only prove to be "a dream come true" in terms of progress and prosperity for the people of Pakistan but for the whole region.

"Chinese companies are expected to relocate their businesses in the economic zones along the Corridor in Pakistan thus opening avenues for Pakistan's trade and commerce with other countries of the region," the Prime Minister informed the Cabinet, the official statement said.

Nawaz Sharif said both Pakistan and China have formed task forces to monitor and expedite the progress in implementation of the economic corridor project.

The Chinese task force is expected to visit Pakistan soon after the Muslim festival of "Eid-ul-Fitr" to be celebrated next month.

As a special goodwill gesture by the Chinese side, the insurance charges of six percent on the Chinese investment in Pakistan which run into billions had been waived, Prime Minister informed the Cabinet.

Nawaz Sharif said the economic cooperation agreed upon between the two countries during his visit will result in Pakistan's economic resurgence.

Pakistani cabinet approves major economic accord with China -- Shanghai Daily | ???? -- English Window to China New

 

[Edevelop]

China keen to work closely with Pakistan

ISLAMABAD - Sun Weidong, Chinese Ambassador on Monday said that a high level Chinese delegation including representatives of Chinese financial institutions is expected to visit Pakistan shortly to discuss the project with their counterparts in Pakistan. While talking to Finance Minister Ishaq Dar, the Chinese Ambassador said that the recent visit of PM Nawaz Sharif was very successful. He said it was unprecedented that the PM of China and the PM of Pakistan met twice within six weeks, “We cherish our friendships with Pakistan which has lasted for decades” said the Chinese Ambassador.
The Ambassador said that the landmark agreement on the construction of an economic corridor stretched over a thousand Kilometer would connect Kashgar with Gwadar. This corridor, he said, will have great impact on the trade and bilateral relations between the two countries, besides economic impact on the region. The Chinese Ambassador said that China was keen to work closely with Pakistan on infrastructure and energy projects. He also informed the Finance Minister about his meetings with provincial authorities in Punjab. The Chinese Ambassador said that establishment of economic zones along the corridor will help create employment and generate economic activity which will be mutually beneficial. While talking to Chinese Ambassador Senator Ishaq Dar said that both the Chinese and Pakistani Prime Ministers are on the same length and we admire the vision of the Chinese leadership.
He thanked Chinese leadership and government for waiving off 6pc compulsory insurance, which speaks volumes of the friendship between the two nations and Chinese cooperation and assistance to Pakistan. Senator Ishaq Dar said that PM Nawaz Sharif has already chaired a high level meeting on the economic corridor as this project was very close to his heart. Senator Ishaq Dar appreciated the idea of creation of economic zone along the economic corridor and said that this will be a win-win situation for both countries. Senator Ishaq Dar accepted an invitation to participate in the Euro- Asia Forum, which is being hosted by China and would be held in September, this year.

China keen to work closely with Pakistan

 

[Edevelop]

Gwadar-Kashgar Railway project kicks-off

ISLAMABAD (Online): Planning Commission has kicked-off the materializing of forming “Pak-China economic corridor project” of Gwadar-Kashgar Railway project.

The project initially entails a feasibility report on outlaying the route for the said project, for laying Larkana-Gwadar and Dera Ismail Khan-Koyla Jam-Gwadar railway tracks.

Reliable sources in Ministry of Planning Commission have informed ONLINE that a special cell to monitor the project, on specific directives of Prime Minister Mian Nawaz Sharif, had been setup.

Gwadar-Kashgar Railway project kicks-off

 

[Devil Soul]

Sino-Pak corridor to bolster regional development
FROM THE NEWSPAPER
ISLAMABAD: The China-Pakistan Economic Corridor Secretariat has been formally inaugurated at the Planning Division with an aim to “transform the strongest political relations into economic relations”.

The secretariat was jointly inaugurated on Tuesday by Federal Minister for Planning and Development Ahsan Iqbal and Zhang Xiaoqiang, the vice chairman of National Development and Reforms Commission (NDRC), China.

The inaugural meeting of Joint Cooperation Committee (JCC) of the corridor was held between Chinese delegation — comprised of high government officials and prominent entrepreneurs — headed by Xiaoqiang and representatives of different ministries led by Iqbal.

In his opening remarks, Iqbal highlighted the need of transforming political relations into economic relations because they are of “great significance for the people of Pakistan”.

He said the corridor — from Kashgar to Khunjerab and Gwadar — was not merely a transportation link, but it was energy and telecommunication corridor also.China's development experience of past three decades is a role model for the people of Pakistan, he added.

He said that after the withdrawal of US troops from Afghanistan, there would be a vacuum, which could only be filled by generating economic opportunities in the region to create jobs and economic alternatives.

He said the economic corridor was of high potential for the people of Afghanistan in this regard.

“The corridor has bilateral links with India, Afghanistan and Iran and would bolster the development in South Asia and the Middle East,” he said.

Iqbal said, “Gwadar offers strategic opportunities not only to Pakistan and China but also to the rest of the world. We are keen to have Chinese investment in energy and infrastructure. We are already working with Chinese companies in Gadani coastal energy park and in solar energy projects.”

He assured his Chinese counterpart of full cooperation from the government to materialise economic relations.

Xiaoqiang said both countries had great potential for economic cooperation in future. He said the corridor “will not only promote trade but also bring stability in the region by creating jobs”.

“This project is important for the whole region,” he added.

Briefing the delegation about functions and working of the Planning Commission, Iqbal said: “We are in a phase of medium- and long-term planning to set targets for moderately good growth in GDP and living standard by 2025 and want to transform economy based on knowledge and expertise.”

He said that besides modernising infrastructure, energy was the government's focal point in long-term policies.

“We want to transform our exports from commodity into value-added sector by the help of technology and in our long-term planning private sector will be the leader of growth,”

He said special economic zones would be set up along with the corridor.

He also asked Xiaoqiang to raise the ceiling of investment by Export-Import (Exim) Bank and China Development Bank from $3 billion to $10bn for Pakistan’s development projects.

Xiaoqiang said China would invest in energy, transportation, infrastructure and export-based industries.

He also hoped the landmark project would serve as backbone for Pakistan's economy.—APP