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A Chinese worker stands near trucks carrying goods during the opening of the Gwadar port in Pakistan
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China to set up large steel factory at Gwadar: Envoy

ISLAMABAD, Pakistan: Acting Chinese Ambassador to Pakistan Zhao Lijian Monday said that his country would set up a large steel factory at Gwadar to further expedite economic developments being carried out under China-Pakistan Economic Corridor (CPEC) framework.

“Both China and Pakistan would very soon sign an agreement to establish the steel factory, three times bigger than the free economic zone being set up in Gwadar city,” he made this announcement while addressing participants of a day-long conference on CPEC: Potential and Prospects organized by Strategic Vision Institute (SVI) in Islamabad.

He said, industrial cooperation was the fourth pillar of CPEC initiative and both the country would discuss it in the next meeting of Joint Cooperation Committee (JCC) of CPEC to be held in Beijing this month.

“After completion of energy projects, transport infrastructure and development of Gwadar Port, industrial cooperation between China and Pakistan will be the main topic at the next JCC,” he added.

Zhao Lijian informed that China was working a lot for the development of Gwadar Port which was built with the Chinese government’s assistance.

He said, after completion, the port was handed over to Singapore but there was no improvement even after passage of five years.

Finally, it was given to the Chinese government by Pakistan government and the port was made functional and a ship carrying Chinese goods left for Africa.

He said, a business centre, hostel for different companies, fisheries processing plant with cold storage facility had been established in the free economic zone spread over around nine kilometers.

About Gwadar airport up-gradation, he said, the new international airport would have landing facility for all the modern aircraft including A-380 Airbus after completion, adding, prior to the up-gradation only C-130 or propeller-planes could land at the old airport.

The Acting Chinese Ambassador said, a 150-bed hospital was being built for the treatment of local people while a vocational institute had been set up for imparting training of different skills especially for the fishermen.

Talking about different energy project being completed under CPEC initiative in different parts of Pakistan, he particularly mentioned about the coal-based power plants which were being built in accordance with environmental standard set by the World Bank (WB) and other concerned international organizations.

He said, China produces around 60 percent of its total power generation through coal based power stations using modern and state of the art technology.

“The environmental concerns will be taken into consideration during the completion of these power stations,” he added.

Zhao Lijian pointed out hydro power plant, coal based power plants, wind power plants and solar based power plants were being set up to meet the electricity shortage in Pakistan.
 
Askari Bank becomes first to open branch at Gwadar Port

Askari Bank opens its new branch at the Gwadar Port premises. The branch was inaugurated by Dostain Khan Jamaldini Chairman Gwadar Port Authority. Present on the occasion were Rashid Nawaz Tipu Group Head - Askari Bank, Rashid Iqbal Shaikh Regional General Manager - Askari Bank, Peter Hu Deputy General Manager China Overseas Port Holding Company Limited and other prominent personalities from the business community of China and Pakistan.

By opening this new branch, Askari Bank becomes the first bank to have its presence at the premises of the port which is emerging as the hub of economic activities in the region. This initiative will also serve the growth and development of China Pakistan Economic Corridor (CPEC). The bank is already involved in a number of projects aligned with CPEC, including the Neelum Jhelum Power Project, upgradation of the Karakoram Highway, Suki Kinari Power Project and a number of motorway, railway and airport projects
 
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CM interacts with students from Gwadar
LAHORE: Chief Minister Shahbaz Sharif on Wednesday interacted with visiting students of Gwadar and Balochistan and assured them that the China-Pakistan Economic Corridor (CPEC) will uplift their areas.

When a girl drew the attention of the chief minister towards the absence of basic facilities in her province, Shahbaz Sharif said: “The CPEC is a blessing and this project will prove a game changer. An airport is also being constructed in Gwadar besides an industrial”.

Responding to a student’s complaint about shortage of teachers in the Gwadar Institute of Technology, the chief minister said technology teachers from Punjab would be sent there. He said the future of fishermen of Gwadar was bright as latest technology would be introduced under the CPEC.

“After listening to brilliant students of Balochistan, I have come to the conclusion that there is vast talent in the province,” he said, adding unfortunately, people of Balochistan had some misunderstandings during the last 70 years and their grievances should have been redressed.

He said that some allegations were also leveled against Punjab but the present government had tried to counter them through sincere efforts. He said that under the NFC Award of 2009-10 the Punjab government had given Rs11 billion from its annual share to Balochistan

The Punjab government had also included the students of Balochistan and other federating units in its educational programme, he added.

The chief minister also distributed laptops among the visiting students.

Meanwhile, addressing the first Excellence Awards-2016 ceremony of Federation of Pakistan Chamber of Commerce & Industry here on Wednesday, Shahbaz Sharif said traders and industrialists community had played a key role in strengthening of national economy and coping with the challenges faced by the country.
 
Another big Chinese ship visits Gwadar Port. After three years of maintenance and renovation, the port is restored to its designed capacity. Gwadar Free Zone is now under construction: Lijian Zhao, DCM, Chinese Embassy.

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Gwadar Coal Power Plant

Location: Gwadar, Balochistan

Capacity: 300 MW

Date Of Begining: March 31, 2017

Estimated Date Of Completion: 2.5 Years


WORK ON 300 MW POWER PLANT IN GWADAR TO BEGIN IN MARCH


ISLAMABAD: Minister for Planning, Development and Reforms, Prof. Ahsan Iqbal Wednesday said the 6th Joint Coordination Committee of China Pakistan Corridor (CPEC) agreed to start work on a 300 coal based power plant in the city before March 31 to meet electricity demand in Gwadar city.

The project to be completed in two and half years would not only meet growing electricity demand but would also help in operationalizing water desalination plant to purify five million water per day, he said while addressing a press conference here.

The minister said the JCC held on December 29 in Beijing also agreed in principle to start work on a water desalination plant and its completion would be interconnected with the power plant as it would need a huge amount of electricity.

Responding to a qeustion, he said Gwadar city would be built according to the master plan.

The minister said the 6th JCC meeting was a major success in transferring the CPEC projects into the next phase.

He said the participation of chief ministers of all provinces in the meeting sent a strong message to the world that the whole Pakistani nation was united on successful completion of CPEC.

He said the participation of chief ministgers also helped in including a number of new projects in the CPEC framework which would help in transforming lifestyles of people living in far flung areas of the country.

He said it was also agreed in the meeting to finalize the long term plan of CPEC by March 31.

"The $51 billion CPEC project has now become the largest portfolio of the region in which a number of projects relating to energy, infrastructure, tourism, agriculture and socio-economic development have been included", he added.

He said by next year over 5,000 MW power projects under CPEC would be completed and electricity would be added to the national grid.

The minister said under CPEC, a project of establishing new transmission line from Faisalabad to Lahore and to Matiari had also been accorded approval.

The minister said the JCC also approved rail based mass transit projects in all four provincial capitals including Greater Peshawar Mass Transit, Karachi Circular Railway and Quetta Mass Transit while Orange Line Lahore project had already been included in the CPEC framework.

He said all four provinces had proposed inclusion of some new projects in the CPEC which were accepted by both sides.

Ahsan Iqbal said the JCC also gave approval for establishment of nine new industrial zones in different parts of the country including one each in all provinces.

To a question, the minister said China had expressed ita satisfaction over forming of new security force for CPEC.

He said along Indus river, a number of new hydal projects would be started to meet the growing energy needs in the country.

He said the prime minister had directed to start work on two power projects in Gilgit-Baltistan to end energy crisis in the area.

He said it was also agreed in the meeting to start work in Eastbay Expressway and an international airport in Gwadar by first quarter of current year.

The meeting also accorded approval to the $8 billion project of upgrading ML-1 Peshawar-Karachi railway track, he added.

He said the both sides also agreed to enhance people to people contact and jointly make feature films and dramas in order to enhance understanding of each others' culture.
 

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