China Pakistan Economic Corridor (CPEC) | Updates & Discussions

[SuperStar20]

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]

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]

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.

https://twitter.com/x/status/1279992596849401857

 

[ghazi52]

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]

https://twitter.com/x/status/1283255591473778688

China Xinhua News @XHNews

Pakistan's decisions to open routes for Afghan trade are "positive" and the #CPEC under the China-proposed #BRI can greatly enhance regional connectivity and "link Pakistan with Central Asia via Afghanistan," says Pakistani official http://xhne.ws/Jvqys




12:22 PM · Jul 15, 2020

 

[JSCh]

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]

https://twitter.com/x/status/1314849399592243203

People's Daily, China @PDChina
China state-affiliated media

#Pakistan's Orange Line Metro Train project in the country's Lahore under the #China-Pakistan Economic Corridor was completed and delivered to the Pakistani side on Friday. The 25.58-km project is Pakistan's first-ever mass rapid urban transit train service. (file pic)


4:45 PM · Oct 10, 2020

 

[JSCh]

https://twitter.com/x/status/1320628916290084866

https://twitter.com/x/status/1320646884415967232

 

[ghazi52]

Gwadar Eastbay Expressway Will be Completed by Next Year


The 5th Meeting of the Joint Working Group on Gwadar was held through a video link, today.
The meeting was co-chaired by the Secretary, Ministry of Planning, Development, & Special Initiatives (MoPD&SI), Mathar Niaz Rana from the Pakistan side, and Director-General, National Development and Reform Commission (NDRC), Ying Xiong, from the Chinese side.

In his opening remarks, Director General, NDRC said that the development of the Gwadar is a priority and will be pushed forward with vigor and zeal. The Secretary, PD&SI acknowledged the continuous support extended by the Chinese government for the development of Gwadar and assured the Chinese side of Pakistan’s unwavering commitment to accelerate the development projects in Gwadar

 

[JSCh]

https://twitter.com/x/status/1339479262458335232

 

[Clutch]

CPEC to provide great benefit to Afghanistan, Central Asian countries: Pakistani president

0 Comment(s)

Print

E-mailXinhua, January 16, 2021
Adjust font size:

ISLAMABAD, Jan. 16 (Xinhua) -- Pakistani President Arif Alvi said on Friday that the China-Pakistan Economic Corridor (CPEC) will benefit Afghanistan and Central Asian countries by enhancing connectivity of the region, according to the president office.
Presiding a meeting regarding development activities at the Gwadar port, the president said that the land-locked countries can tap on the potential of the deep sea port to connect to the world, a statement issued by the president office said.
The president added that the Gwadar port will help make Pakistan the hub of transit trade in the region.
Talking about benefits of CPEC for the country's southwest Balochistan province where the Gwadar port is located, the president said that CPEC will create ample employment opportunities for the people of Balochistan, resulting in their socio-economic prosperity.
The meeting was also attended by the chairman of CPEC Authority and the advisor to the country's prime minister on commerce and trade. Enditem

 

[Mohsin A]

https://twitter.com/x/status/1350393948808871936

 

[Clutch]

 

[ghazi52]

Governor Balochistan terms CPEC a game-changer

February 11, 2021



Governor Balochistan Amanullah Yasinzai, while talking to trainee officers of PAF Air War Col-lege Course at Governor House, termed CPEC a game-changer project for the entire region including Pakistan. He said that Balochistan is rich in mineral sources which if taken care of, can make the province prosperous.

QUETTA-Governor Balochistan Amanullah Yasinzai on Wednesday said that China-Pakistan Economic Corridor (CPEC) is a game changer for the entire region including Pakistan.

He expressed these views while talking to trainee officers of PAF Air War Col-lege Course at Governor House led by Air Commodore Kashif Jamal called on him.

The participants were informed about CPEC, ongoing development progress in Balochistan, law and order situation, technical and vocational training centers, ag-riculture and livestock.

 

[ghazi52]