First cargo train from China leaves for Karachi

[xyxmt]

There is no direct railway link between the two countries, it will take considerable time and money before we get there ................ may be the cargo would be trucked once it reaches Pakistan's borders.

Cargo train -> Trucks -> Karachi

 

[Clutch]

First cargo train from China leaves for Karachi

China and Pakistan have launched a direct rail and sea freight service, with the first cargo train departing from Yunnan, an inland province in southwest China, the official Xinhua news agency reported.

A cargo train loaded with 500 tonnes of commodities left Kunming, capital of Yunnan, for Karachi on Wednesday, marking the opening of the new route.

"The route helps locals businesses connect with the world market," a representative from the New Silk Road Yunnan Limited said.




The new rail, sea freight service will cut logistics cost, including that of transport, by 50 per cent compared to past services, the news agency reported.

The service is a part of China's Maritime Silk Road initiative of which the China-Pakistan Economic Corridor project (CPEC) is an extension.

Pakistan and China kicked off first trade activities under CPEC in October as over a hundred Chinese containers arrived at the Sust port in Hunza, following clearance from customs. The containers were headed to Gwadar.

About CPEC
The CPEC is a 3,000-kilometre network of roads, railways and pipelines to transport oil and gas from Gwadar Port to Kashgar city, northwestern China's Xinjiang Uygur autonomous region.

Proposed by Chinese Premier Li Keqiang during his visit to Pakistan in May 2013, the CPEC will act as a bridge for the new Maritime Silk Route that envisages linking three billion people in Asia, Africa and Europe.

An official agreement on the corridor was signed between the two countries in May this year during President Xi Jinping's historic visit to Pakistan.

http://www.dawn.com/news/1299838/first-cargo-train-from-china-leaves-for-karachi

 

[Clutch]

 

[The Eagle]

@WAJsal @Aether

Kindly merge the thread here.

https://defence.pk/threads/first-cpec-cargo-train-from-china-leaves-for-karachi.464270/

Thanks.

 

[Muhammad Omar]

Cargo train -> Trucks -> Karachi

Cargo Train -> Trucks -> Cargo Train -> Karachi

 

[BABA AGHORI]

I don't understand the financial benefit for pakistan in this. Chinese goods reaching pakistan with 50% reduction in logistics cost will mean nothing for Pakistan unless the goods shipped will now be sold at a price lower than earlier. What did I miss?

you missed the transit cost.... i guess Pakistan is not allowing transit for free... m not sure about it though...

 

[Hyde]

you missed the transit cost.... i guess Pakistan is not allowing transit for free... m not sure about it though...

It's just a fraction of total cost

Did you know that the average large letter post in UK costs £0.96p but if you buy a large letter sized product from China, it delivers for 99p which means they have cost of the product, postage to UK, eBay, paypal fees and their profit everything inclusive of 99p. The reason is, they dispatch such small products in millions and are able to take better offers from Royal Mail.

Its going to be likely that in Pakistan as well, they will be dispatching thousands and thousands of trucks which really translates a fraction of transit fee into billions of dollars

 

[Maxpane]

Trade route economics, or port economics.

View attachment 357047
https://www.amazon.com/Port-Economics-Routledge-Maritime-Masters/dp/0415777216

Trade route economics, or port economics.

View attachment 357047
https://www.amazon.com/Port-Economics-Routledge-Maritime-Masters/dp/0415777216

Bhai g . its expensive . i cant afford it . can you plz elaborate in simple term?

 

[PAKISTANFOREVER]

I don't understand the financial benefit for pakistan in this. Chinese goods reaching pakistan with 50% reduction in logistics cost will mean nothing for Pakistan unless the goods shipped will now be sold at a price lower than earlier. What did I miss?

As per indians logic, Pakistan would NEVER EVER have nuclear weapons or the economy to support it. Just as that indian fantasy failed then so will it now.

Even the US trusts chinese engineering prowess.

In movie 2012, the chinese built the modern Noah's ark to rescue humanity. In The martian, chinese rocket was used to resupply the spaceship to mars after the US rocket exploded after take-off. In Gravity, the reenrty module of chinese space station rescued the main protagonist.

BURNOL EXTRAVAGANZA

China is Investing $54 Billion in Roads Rails Power Plants etc in Pakistan Benefits

With many more billions earmarked for investment in the coming years and decades.

 

[Shotgunner51]

Bhai g . its expensive . i cant afford it . can you plz elaborate in simple term?

In the short run, it refers to economic activities developed along the route, surrounding the transit hubs. Mostly services, B2C like traveler's lodge, hotel, restaurants, leisure, residential estates, retail banks, barber shops, ..... and B2B like utilities, warehousing, equipment repair, insurance, accounting, telecom, merchant banks .... etc.

In the long run, certain types of manufacturing (and advanced agriculture) can also develop to capture logistical convenience brought by the route/port. Logistics is a big business itself, for example cold chain, perishable logistics.

When there is traffic, there is business.

 

[Maxpane]

In the short run, it refer to economic activities developed along the route, surrounding the transit hubs. Most services, B2C like traveler's lodge, hotel, restaurants, leisure, and B2B like warehousing, equipment repair, insurance, accounting, telecom.

In the long run, certain types of manufacturing (a value adding process on physical goods) can also develop to capture logistical convenience brought by the route/port.

Thank you soooooooo muchhhhhhhh

 

[YeBeWarned]

A very welcome News ..

 

[Max]

great step, welcome to Karachi, hope we will soon bring missing railway link of GB online before 2025 so Chinese and Pakistani trains can move without any loading unloading problem..

 

[Jinn Baba]

Mashallah! it's starting already

 

[Shotgunner51]

Thank you soooooooo muchhhhhhhh

You are welcome, let's do some business and get rich, good luck to you and every bros in Pakistan!