China-Pakistan projects at risk：report

[Saifullah Sani]

Political instability, unstable security and external pressure from neighboring countries pose major threats to the construction of the China-Pakistan Economic Corridor, a university report has found.

Renmin University's Chongyang Institute for Financial Studies, known as the RDCY, and Caijing Magazine released on Tuesday a joint research report on the corridor, which is a major part of China's Belt and Road Initiative.

Over six months, researchers looked at two flagship projects in the corridor - the free trade zone in Port Gwadar and the Bin Qasim power plant.

RDCY deputy dean Wang Wen said that after two years, the speed and quality of the China-Pakistan Economic Corridor's construction had basically met the expectations of both countries.

However, most of the projects in Pakistan had encountered difficulties including water and electricity shortages, policy uncertainties, and local labor issues. Security had also been a constant concern with terrorist attacks threatening the safety of people involved.

Deputy Chief of Mission, Mumtaz Zahra Baloch, from the Pakistan Embassy said: "CPEC is one of the major components in the Belt and Road Initiative. China and Pakistan are working together to make it a success so it will benefit the people of the two countries."

http://www.chinadaily.com.cn/world/2016-12/20/content_27726215.htm

 

[Mrc]

So after spending 6 months and alot of money they found exactly the same things that were known from before begining of the project....

Bravo

 

[The Accountant]

I think analysis is wrong as there is continous improvement in all the mentioned risk ... so risk has reduced remarkably from the date on which project was approved ...

 

[PakGuns]

So after spending 6 months and alot of money they found exactly the same things that were known from before begining of the project....

Bravo

Indian threat neutralised with continuous pounding of their position of fire, combing operations going on against terrorism? What's left? Political stability is already there, Imran's campaign tells all story about how strong govt is..

 

[Hareeb]

If the report is based on 2014 incidents, I would say "Yes", but in present and the near past, there was no political unstability, security issues or external pressure except minor security incidents and Panama Leaks.

However, most of the projects in Pakistan had encountered difficulties including water and electricity shortages, policy uncertainties

I dont know whether the people those conducted this research read the CPEC agreements a single time. Isnt irony all the major deals in CPEC are related to mentioned issues?

 

[Hyde]

So they studied port Qasim power plant which is due to be operational in 6 months (by June 2017) rather than originally planned in 2019?

And industrial zone in Gwadar port which is almost built already?

So whats the risk?

Lack of water for the people of gwadar is a major concern for the government of Balochistan and Pakistan and the government is already looking into it

 

[Path-Finder]

with this current government and its arse kissing lackeys a.k.a diesel taki peepee are in the same bed!! then you expect that things will run smoothly??? pti now opposing it as well? these mofo have done indias work for them.

 

[Muhammad Omar]