#CPEC #Economic Zone: 8 Economic Zones approved in CPEC 6th
#JCC meeting at
#Beijing,
#China
1. Rashkai Economic Zone
#KPK.
2. Sheikhupra Economic Zone
#Punjab.
3. Bostan Economic Zone
#Baluchistan.
4. Gilgit Economic Zone
#GilgitBaltistan
5.
#Islamabad Industrail Park
6. Port Qasim Industrial Park.
#Karachi #Sindh
7. Bimber Economic Zone Azad
#Kashmir
8. Mahmond Economic Zone
#FATA
4 Mass Transit Railway Systems approved in CPEC 6th JCC meeting at Beijing,China for Provincial Capital Karachi Lahore Peshawar Quetta'
CPEC Industry: Steel mill project worth 662 Million dollars approved CPEC 6th JCC meeting at Beijing,China On 29th December, 2016 which would establish in district
#CHINIOT under
#CPEC.
Federal Minister for Planning Development and Reform Ahsan Iqbal talk to media on 6th
#JCC China...
Some Aspects are mentioned below:
1. Pakistan and China to take part in Joint Movie and Drama Production to Intensify cultural ties between the two countries
2. Pakistan and China to do capacity building for Disaster Management and Mitigation
3. Pakistan and China to do Knowledge transfer partnerships in Agriculture and Rural development, Water Management
4. Pakistan and China to do Knowledge transfer partnerships in Industrial Cooperation and Small Medium Size enterprises
5. Pakistan and China to do Knowledge transfer partnerships in Urban Development and Job Creation
Ahsan Highlights Gwadar Projects In JCC
Beijing, December 29, 2016: Federal Minister for Planning , Development and Reform Ahsan Iqbal highlighted the significance of Gwadar projects in the introductory remarks during 6th Joint Cooperation Committee (JCC) meeting held today in Beijing China .
While addressing the 6th JCC meeting, Minister pleaded case for Gwadar and said that master city plan and the related projects are likely to bring socio-economic stability in the Gwadar. He added that agreement on 300 MW power project has been signed and the project be started soon. He also highlighted Gwader water supply project, hospital and technical institute projects and stressed upon the timely completion of these projects to bring positive message of hope and support to local people in Gwader. In addition, Minister appreciated the Chinese commitment to help and start the mass transit railway project in the provincial headquarters which will provide great facility to millions of people in Pakistan.
The minister also appreciated the consideration and inclusion of projects proposed by the provinces in infrastructure and energy to harness different opportunities and development in various parts of Pakistan to distribute fruits of CPEC to all provinces and regions. He further mentioned that one industrial zone in each province has been identified and selected on the basis of their market attraction and principles of business.
Mr. Ahsan Iqbal stated that three years ago when China and Pakistan started the journey of CPEC, there were many doubts about covering so much ground in very little time. He said that with the support of political leadership , hard work of officials of both countries, CPEC has become the biggest project of regional connectivity in the world. CPEC is the flagship project of “One Belt, One Road” showing how one belt one road can transform the regional cooperation into reality and bring benefits to millions of people. He said that one proof of success of CPEC is that today think tanks from all over the world including America, Canada and Europe are doing research to analyze the impact of CPEC in the region. Minister maintained that CPEC has added more value to the friendship of China and Pakistan. CPEC has become the north star of friendship between China and Pakistan making the friendship even higher than skies.
وفاقی وزیر برائے منصوبہ بندی وترقی احسن اقبال نے سی پیک کے چھٹے جی سی سی کے اجلاس میں گوادر کے منصوبوں پر روشنی ڈالتے ہوئے کہا کہ ان منصوبوں کی تکمیل سے گوادر کے رہنے والوں لوگوں کا معیار زندگی بہتر ہو گا ۔
جے سی سی کے اجلاس سےخطاب میں ان کا مزید کہنا تھا کہ گوادر ماسٹر پلان اور دوسرے ایسے منصوبوں سے گوادر میں معاشرتی و معاشی ترقی ہو گی ۔ ان کا کہنا تھا گوادر میں 300 میگا واٹ بجلی کے منصوبے پر جلد کام شروع ہو جائے گا ۔ اجلاس میں احسن اقبال نے گوادر میں صاف پانی کی فراہمی ، ہسپتال کا قیام اور ٹکنیکل و ووکیشنل انسٹیوٹ کے منصوبوں پربات کرتے ہوئے کہا کہ مقررہ مدت میں ان منصوبوں کی تکمیل سے گوادر کے لوگ مستفید ہوسکیں گے ۔
احسن اقبال نے چاروں صوبوں میں ماس ٹرانزٹ ریلوے کے منصوبوں پر چین کی مدد کی سراہتے ہوئے کہا کہ اس سے پاکستان میں لاکھوں لوگوں کو فائدہ پہنچے گا۔ ان کا مزید کہنا تھا کہ ہر صوبے نے اکنامک زون بنانے کے لئے مارکیٹ کے حساب سے جگہ کی نشاندہی کر لی ہے ۔ احسن اقبال نے کہا کہ پاکستان اور چین کے مابین سی پیک تین سال پہلے شروع ہوا تو اس پر شکوک و شبہات پیدا کئے گئے کہ اس پر عمل کیسے ہو گا ۔۔لیکن سیاسی قیادت ، دونوں ممالک کے آفیشلز کی انتھک محنت سے سی پیک دنیا میں علاقائی رابطے کا سب سے بڑا منصوبہ بن گیا ہے ۔
ان کا کہنا تھا کہ سی پیک کی کامیابی کا ایک ثبوت یہ ہے کہ اب امریکہ ، کینڈا اور یورپ جیسے ممالک سی پیک کے خطے پرمرتب ہونے والے اثرات پر ریسرچ کر رہے ہیں ۔
Chinese authorities approve inclusion of 3 Sindh projects in CPEC
Chinese authorities have in principle approved inclusion in the China-Pakistan Economic Corridor (CPEC) of three development projects in Sindh including the Karachi Circular Railways, Keti Bandar and Special Economic Zones, Sindh CM House said Thursday.
The decision was taken in the 6th Pakistan-China Joint Cooperation Committee (JCC) meeting regarding CPEC held in Beijing which Sindh Chief Minister Murad Shah attended along with his provincial cabinet members.
The Pakistani delegation led by Planning and Development Minister Ahsan Iqbal also included chief ministers of Punjab, Balochistan and Khyber Pakhtunkhwa. The vice chairman of National Development and Reforms headed the Chinese delegation.
After a presentation by the Sindh chief minister, the JCC decided to include the projects and asked the Sindh government to present a feasibility report within next three months.
It was expected that the Chinese government would announce financing of $1 billion for the completion of the three projects under the CPEC. The amount was to be spent on the construction of three additional routes related to the western route of the CPEC, according to officials.
Murad's case for KCR
Sindh CM Murad Shah made a case for Karachi Circular Railways at the meeting, saying that the provincial capital is one of the most populated cities in the world, with an estimated population of around 25.1 million people in 2016 ─ a number greater than Tokyo, Guangzhou, Seoul, Delhi, Mumbai, Mexico City, New York, Sao Paulo, Manila and Jakarta.
Karachi's population estimated to touch 34.3m by 2030: Murad Shah
The population of the city will touch 34.3m by 2030, he said. "Therefore, there are ample returns on investment if made in the city."
Why Murad Shah thinks there is a need for KCR:
Daily ridership on KCR of 700,000 passengers per day
3.9m registered vehicles in Karachi
24m trips generated daily
6,457 buses run 192 routes
2,715 contract carriages operating in Karachi
85pc buses over two-years-old, inefficient fuel consumption and poor service
47.3pc of all vehicles are motorcycles, 36.5pc private vehicles, 4.5pc public transport, 1.7pc contract carriages and 9.9pc para transit
42pc of passengers use public transport, 21pc private cars, 19pc motorcycles, 10pc contract carriages and 8pc para-transit
Shah pointed out that the burden of about 42pc of passengers fell on public transport, whereas private vehicles catered to only 21pc of commuters.
He said the solution of the problem lies in an effective mass transit system which includes the revival of the KCR, the Bus Rapid Transit System, and the Light Rail Transit.
The KCR was first commissioned in 1964 and remained an effective transportation system until 1984, he said. Due to certain reasons such as increased running time and lack of investment reduced its operational efficiency, he added. As a result, ridership fell and finally caused its closure in 1999.
The KCR project has been approved by the Executive Committee of the National Economic Council (Ecnec), the Sindh CM said.
A feasibility study was carried out along with third-party validation of the study, he said. An Environmental Impact Assessment has also been conducted and a relocation of utility services is not required, he said.
K-Electric has assured uninterrupted power supply for the project, he assured investors, and federal and provincial taxes are exempt on the project.
Integration with BRTS lines has been made and the institutional framework in the shape of the Karachi Urban Transport Company (KUTC) is available, he said.
The Japanese have estimated the cost of the KCR at about $2.6bn and developed the investment structure as 85pc debt financing and 15pc equity financing by the provincial and federal governments, he said.
The Internal Rate of Return is estimated at 13.8pc, he said, and the economic benefits include reduced vehicle operation cost and travel time cost.
He invited investors to contribute in the equity of KCR along with federal government and Sindh government. He added that equity IRR compatible with infrastructure projects currently being developed in Pakistan would be offered to the investors.
Shah sought Chinese cooperation to include the project in the CPEC after Prime Minister Nawaz Sharif approved its inclusion in the initiative and provided a sovereign guarantee.
The JCC decided to include the project and asked the Sindh government to present its feasibility within the next three months, upon which Shah directed the Transport Minister Syed Nasir Shah to expedite work on the feasibility of the projects within the stipulated time.
6th JCC Meeting News
Last but not the least
Source: Planning Commission
That's all i have
