Pakistan puts CPEC in cold storage due to influence from West

[nahtanbob]

Only a fool will believe on a nobody's article from a known culprit media outlet (DAWN) that CPEC has put on the shelf. China has invested so much into CPEC and now so easily it will let IMF & their stooges will dictate CPEC terms - utter nonsense.

It is not about China. China would want Pakistan under its nose. It is about whether Pakistani elite want to put all their eggs in one basket.

My two cents ... Pakistani Army is using Imran Khan and other civilians to back off or slow down CPEC projects

 

[Bilal.]

Also Kaiser Bengali 3 years ago:

https://www.thenews.com.pk/tns/detail/563925-cpec-game-changer-game

As I said. I have seen a few in Pakistan who seem to be engaged in spreading discontent and discord.

 

[Dalit]

It is not about China. China would want Pakistan under its nose. It is about whether Pakistani elite want to put all their eggs in one basket.

My two cents ... Pakistani Army is using Imran Khan and other civilians to back off or slow down CPEC projects

You are as always wrong. Hiding behind conspiracy theories. CPEC is absolutely in full motion. Both Pak armed forces and the civilian government fully support CPEC project.

Also Kaiser Bengali 3 years ago:

https://www.thenews.com.pk/tns/detail/563925-cpec-game-changer-game

LOL the man changes his opinion as often as the Dawn boss rapes an employee.

 

[masterchief_mirza]

Have a look at this.

View attachment 641994


Some one should show this graph to him. Look at the difference between petrol prices and world crude oil prices. Look at the difference between the two, during PMLN, PPP, and when PTI took over. Tell me which party is actually passing on the savings to the people, and industry, that will help promote jobs


View attachment 641995

The corruption of decades lies exposed. PTI need two decades to undo it though.

 

[Longhorn]

It is not about China. China would want Pakistan under its nose. It is about whether Pakistani elite want to put all their eggs in one basket.

My two cents ... Pakistani Army is using Imran Khan and other civilians to back off or slow down CPEC projects

Pakistan doesn't have too many baskets to choose from.

 

[Bil]

It is not about China. China would want Pakistan under its nose. It is about whether Pakistani elite want to put all their eggs in one basket.

My two cents ... Pakistani Army is using Imran Khan and other civilians to back off or slow down CPEC projects

Most of the listed projects are either completed or progressing and two remaining ones (M6 and ML1, which government has approved recently) are going to reach execution phase within this year.

Inline are Phase II projects, so I am not sure what is slowing down or put on the shelf?

http://cpec.gov.pk/infrastructure

 

[Aspen]

Back it up by facts please. Which CPEC project has been canceled?

It hasn't been canceled, it's being silently neglected. This is worst kept secret of Pakistan.

Pakistan is either not as interested in CPEC as China or doesn't have money to pay back the loans.

CPEC progress in last few years has been very lukewarm and there is not much to show for it.

Very concerning to say the least.

 

[Bil]

It hasn't been canceled, it's being silently neglected. This is worst kept secret of Pakistan.

And you know this how? Any source to back your claim (enlighten us please)?

 

[Bilal.]

It hasn't been canceled, it's being silently neglected. This is worst kept secret of Pakistan.

Like the Suki Kinari, Karot and Matiari to Lahore HVDC line that are scheduled to compete next year or like the $7.2 billion ML2 approved recently or the M6 scheduled to start this year? Which one specifically?

 

[Aspen]

And you know this how? Any source to back your claim (enlighten us please)?

Ask Pakistan gov't to give you a list of what they have accomplished in CPEC in last 3 years and you will have your answer.

 

[Bil]

Ask Pakistan gov't to give you a list of what they have accomplished in CPEC in last 3 years and you will have your answer.

Sorry but why would I ask them? You said it's being silently neglected. This is worst kept secret of Pakistan - therefore, I was curious to know if there is any source to back your claim or no. But its seems there is no source whatsoever - just speculation.

 

[Bilal.]

Ask Pakistan gov't to give you a list of what they have accomplished in CPEC in last 3 years and you will have your answer.

You can’t finish building things faster to complete them to show progress to naysayers. Some projects completed in the last 3 years if I am not mistaking are M3, M4, M5 and phase 1 of Mansehra motorway. Also Hub coal power plant and Thar coal power plants.

 

[Aspen]

Like the Suki Kinari, Karot and Matiari to Lahore HVDC line that are scheduled to compete next year or like the $7.2 billion ML2 approved recently or the M6 scheduled to start this year? Which one specifically?

Everyone keeps saying this will be completed in a few months, that will be completed next year.

I know how this story ends.

 

[Shahzaz ud din]

Federal budget 2020-21 focuses CPEC, allocates Rs24 billion for up-gradation of Main Line-1 (ML-1)
June 13, 2020



The federal government has announced the budget for the fiscal year 2020-2021 and earmarked a significant amount for the development of CPEC. As per details, the federal budget allocated for CPEC linked projects included the establishment of CPEC Industrial Cooperation Development Project (CPEC-ICDP) , a Project Management Unit (PMU) , the Mirpur University of Science and Technology (MUST) Palandri Campus, Sea Water Desalination Plant at Gwadar, construction of East-Bay Expressway, Dry Port near Havelian (2018-22) Phase-1, western route of CPEC, and Pak-China Technical &Vocational Institute at Gwadar.

It is pertinent to mention that Rs24 billion has been allocated for up-gradation of Main Line 1 (ML-1) and other projects of Pakistan Railways. On the other hand, Prime Minister Imran Khan has directed relevant authorities to revamp Pakistan Railway with special emphasis on capacity building to operate ML-1.

Meanwhile, the Annual Development Plan (ADP) 2020-21 has noted that the ML-1 has a potential to offer 174,000 direct jobs in the country.

ISLAMABAD, Jun 12 (APP):The government has allocated Rs80 million in Public Sector Development Programme (PSDP) 2020-21 for one on- going scheme of the Board of Investment (BOI) for the industrial promotion and Investment in the country.

According to the details, the government has allocated Rs80 million for establishment of Project Management Unit (PMU) on China Pakistan Economic Corridor – Industrial Cooperation Development Project (CPEC-ICDP) in PSDP 2020-21 for industrial cooperation between Pakistan and China.

The total estimated cost of the Project Management Unit (PMU) of China Pakistan Economic Corridor – Industrial Cooperation Development Project (CPEC-ICDP) is Rs 339.281 million, it added.

The government has planned to make a considerate effort to address the freight share imbalance between road and rail sectors through provision of adequate funding for the Rail sector with focus to improve the reliability and time efficiency for the railways. The project of ML-I upgrdation under CPEC framework will be implemented, said a budgetary document released on Friday.

“In particular, sufficient resources have been earmarked for the projects related to China-Pakistan Economic Corridor (CPEC), including its western route. For this purpose, Rs118bn have been allocated. Similarly, Rs24bn have been earmarked for ML-1 and other projects of Pakistan Railways and additional funds of Rs37bn for other projects of communication sector,” The maximum allocation (ongoing projects) of Rs 1,000.000 million has been made for the construction of East-Bay Expressway, Rs 312.127 million for Pak-China Technical and Vocational Institute at Gwadar,and Rs.85.779 million for the feasibility study of construction of Breakwaters.

The budgetary allocations for new schemes include Rs 319.300 million for acquisition of Marine Services Vessel for Gwadar Port, Rs 111.450 million for acquisition of Mobile Cranes and Fort Lifters for Gwadar Port, Rs 200.000 million for construction of Gyone Wall/ Breakwater and allied works at East Bay Gwadar, and Rs 148.000 for feasibility study of capital dredging of berthing areas and channel for additional terminals.

June 12, 2020: The Annual Development Plan (ADP) 2020-21 has indicated that the ML-1 (Main Line-I) – a flagship project of Pakistan Railways – had a potential to create 174,000 direct jobs in the country.

The initiative was aimed at upgrading and dualizing Peshawar to Karachi (1872 km) track under the China Pakistan Economic Corridor (CPEC), said the budget document released on Friday.

Nine special economic zones (SEZs) would be established under CPEC portfolio, which would create job opportunities and technological transformation, it said, adding priority would be given to align technical institutions and training with CPEC related trades and demand of SEZs.
Government set to engage international consultant for up-gradation of Mainline-1 (ML-1) under CPEC
June 11, 2020

SOURCEbrecorder.com


The government of Pakistan has decided to engage international consultant for up-gradation of Mainline-1 (ML-1) railway project under CPEC. ML-1 is being completed as an early harvest project of CPEC. For the successful execution of ML-1 project, Pakistan aims to seek international consultancy to prepare terms of reference (ToRs). The consultants will be engaged for the preparation of governance, human resource structures and development of business and cash flow models for ML-1.
Meanwhile, Faisalabad Industrial Estate Development and Management Company (FIEDMC) has prioritized the execution of Allama Iqbal Industrial City under CPEC.

ISLAMABAD: The government has decided to engage international consultant for the preparation of governance, human resource structures, development of business and cash flow models for up-graded Main Line (ML-1) project under the China-Pakistan Economic Corridor (CPEC).

The Central Development Working Party (CDWP) has recommended $7.2 billion ML-1 railway project to the Executive Committee of the National Economic Council (ECNEC) for further approval, and Railways Ministry is planning to execute physical work in January 2021.

The ministry is in process of hiring of consultants to frame terms of reference (ToRs) to engage consultant for the preparation of governance, human resource structures and development of business and cash flow models for upgraded ML-1.

The date of submission of Request for Proposal (RFP), which was fixed on 3rd June, 2020, has been extended up to 10th June, 2020.

The ML-1 has been picked up for up-gradation as an Early Harvest Project under the CPEC arrangement.

The whole project envisages the up-gradation of ML-1, establishment of a dry port near Havelian Railway Station; up-gradation of Pakistan Railway Academy Walton, Lahore; and passenger facilities improvement at important railway stations.

The project will require a new system of governance and fully equipped human resource to get the intended benefits and ensure the repayment of foreign loan.

According to documents, the prime objective of this consultancy service is to prepare TORs along with RFP to engage a national/international consultant for the organisational and human resource structures, and all other aspects related to the successful management of ML-1.

The TORs to be prepared by the consultant shall cover two phases: Phase-I detailed TORs for preparation of governance and HR structures, development of business and cash flow and other models for upgraded ML-1. Phase-II detailed TORs for implementation of various structures and models prepared by the management consultant.

The TORs should also identify areas to be discovered by the management consultant to improve the operational efficiency and the management through an enhanced organisation structure.

The consultant will be required to prepare a governance structure for ML-1 with a view to separate it from the rest of PR network to transform ML-1 into a competitive, profitable, self-sustainable entity.

It should have defined the complete hierarchy along with roles, responsibilities and authorities of each tier and stipulate a strategy for the communication channels and interfaces with its clients covering all risks.

Proposed TORs must ensure to conduct an HR Systems Audit to analyse the gap in existing and required HRM policies, practices and procedures and design customized policies for ML-1 in line with international best practices.

This may include a study of the recruitment and selection process, performance appraisal/management system, training and development practice and compensation system and strategy by the management consultant.

The TORs should also seek comprehensive HR policies and procedures covering recruitment and selection, trainings, performance management system, career planning, compensation, disciplinary rules and employee well-being.

The TORs must ensure to conduct capability analysis of existing HR resources and indicate specialised trainings required to enhance their capabilities to adjust into the upgraded ML-1 or identify recruitment needs for additional staff under new governance system.

The TORs will also cover transparent and result-based performance management system, which could ensure assessment of achievements through an elaborative and integrated system of key performance indicators (KPIs).

Proposed TORs must cover the study of existing financial model/analysis, which is an integral part of updated PC-1 and point out deficiencies along-with workable suggestions for their rectification by analysing the current and future passenger and freight markets.

The projected growth of freight and passenger businesses should be backed by reliable resources, verifiable data, previous studies (if any) and nationally/internationally accepted models/calculations.

The TORs should also emphasize upon study of operating cost incurred by PR and build projections for ML-1 based on verifiable factors including but not limited to consumption of oil and lubricants as per projected operation’s volume, projections of global oil prices, labour requirements as per new system, wage rates and maintenance costs associated with the new system.

The management consultant will be required to develop a detailed financial model by calculating the NPV, IRR and payback period based on capital cost and incorporating Track Access Regime as the main instrument of business under enhanced capacity.

The TORs will also address the need of sensitivity analysis on the major parameters including but not limited to price of tickets, freight/passenger traffic, fuel escalation, impact on debt repayment due to exchange rate fluctuation, and any other factors deemed necessary for best-in-class appraisal of railway projects.

The TORs are required to cover increased business volume at ML-1 after up-gradation.

The role of management consultant may include but not limited to identify different “Business Models” for revenue generation like public-private partnership, commercial management outsourcing and track access regime etc. and analyse pros and cons of these models.

How these models can be run successfully by formulating passenger, freight and non-fare revenue strategies should also be made part of these TORs.

Identification of costs, mechanisms and policy requirements for implementation of suggested models will also be the part of the exercise.

After up-gradation of ML-1, line capacity will increase many folds providing additional room for inviting private sector to run passenger and freight trains under Track Access Regime.

Proposed TORs should include a comprehensive private sector engagement model to fully utilise this increased line capacity by identifying private sponsors for investment in both passenger and freight sectors such as provision of new fleet for both passenger and freight, handling operation at freight terminals and door-to-door service of freight operation.

 

[Bilal.]

Everyone keeps saying this will be completed in a few months, that will be completed next year.

I know how this story ends.

You want to complete 1800km dualization and upgrade of rail tracks, close to 300 km 6 lane motorway and 6 SEZs in “next few months”?