Pakistan to get 9pc of Gwadar income, 15pc of FEZ: China

[Lil Mathew]

why 9%
we should not get even 0.1% apart from taxation, as we are not even spending a penny

its not a bad deal even with no payment

un fortunately, Pakistani privileged class and uneducated people thinks everything comes free...i guess we have looked at qatar and arab states...they infact did worked hard politically for what they reap now after 50 years

Who said you??? Out of $ 13 billion CPEC, $9 billion is spend by Pakistan government ... Rest is Chinese soft loan... Only Gwadar airport is free...

 

[ziaulislam]

Who said you??? Out of $ 13 billion CPEC, $9 billion is spend by Pakistan government ... Rest is Chinese soft loan... Only Gwadar airport is free...

wrong, apart from from Karachi nuclear power plant (9 billion dollars) and some loans for highways and proposed railway upgrade of 10 billion dollars, all of it is private investment

we dont consider local Pakistanis companies taking loan( as loan taken by Pakistani govt) that is "private" loan, no country in the world consider it as loan including india

//The total committed amount under CPEC of $50 billion is divided into two broad categories: $35bn is allocated for energy projects while $15bn is for infrastructure, Gwadar development, industrial zones and mass transit schemes. //
https://www.dawn.com/news/1313992

Pakistan will get revenue after 9 years, no penny during operation.

Another point which most of the people forget here is that 20,000 Chinese workers not Pakistani workers will be working on CPEC and non CPEC related projects.

dawn is tabloid and totally unreailable
state facts not tabloid source

Both Jinnah and Iqbal were sons of Brahmins and what happened to their familes? How Punjab Sindh became Muslim... Read about it.

Your history is so black that entire world now reject you.

I am not a Brahmin but your brainwashed head will not understand that there is something more in this world rather than religion.

Religious bigot like you wants explod yourself but u should not cause harm to others else more surgical steikes. Lol

lol

 

[Lil Mathew]

wrong, apart from from Karachi nuclear power plant (9 billion dollars) and some loans for highways and proposed railway upgrade of 10 billion dollars, all of it is private investment

we dont consider local Pakistanis companies taking loan( as loan taken by Pakistani govt) that is "private" loan, no country in the world consider it as loan including india

Which private company getting loans???
All CPEC loans are government to government deal. Na???

 

[Solomon2]

“Pakistani government has made very smart move to strike a good deal as they will get 9 percent share out of total income of Gwadar port instead of total earned profits, although, the agreement was signed on Built, Operate and Transfer (BOT) basis. The Gwadar port will start earning profits after nine years. Pakistan will also get 15 percent of total income from Gwadar Free Zone,”

You can't just change the remunerative terms like that because incentives on the Chinese side are altered as well. For example, China now has the incentive to push every maintenance cost they can onto the Pakistanis, since everything is now on a revenue rather than profit basis. So renegotiation should continue, rather than stopping at this point.

 

[takeitwithyou]

Here to learn, please educate me. And if you don't know the answer or is unclear, please don't obfuscate or get emotional with me. I can wait till you know the right answer in future.

You pay 100% of the loans at high-interest to help Chinese trade expand and get better. And you get 9% of earnings of gross or on the margins, yeah?

Question- 9% of what earnings. Earnings resulting from the total trade dollars or revenues resulting from transit fees, storage fees, etc.? example: Chinese sell their products and make say $100 billion thanks to Pakistan's CPEC infrastructure. Does Pakistan get 9% of that take or merely the taxi fare?

 

[Dash]

I say 9% is too much. A little over 8% interest payback.

 

[ziaulislam]

Which private company getting loans???
All CPEC loans are government to government deal. Na???

over 100 different private chinese and pakistani companies, even some arab countries with JVs

not a single project is govt to govt deal in power sector apart from nuclear plants which makes 60% of the investment

 

[Lil Mathew]

over 100 different private chinese and pakistani companies, even some arab countries with JVs

not a single project is govt to govt deal in power sector apart from nuclear plants which makes 60% of the investment

No govt to govt deal??? Then what is this???
In February last year, the ECC had approved the supplemental agreement aimed at binding the power purchaser to make timely payments to Chinese and their local partners of the electricity they would produce as part of the CPEC megaproject.

“In case, the power purchaser fails, the Ministry of Finance will make these payments.”

Under Article 2 of the 2016 Supplemental Agreement, a revolving account is being set up to cover 22% of monthly electricity invoices issued by power producers.

 

[Kabira]

Ok for a high level overview, if this news is true, than this is NOT a very good deal. "Strategic Footprint" is invaluable. China is getting a foot hold in Indian ocean, and to put it politely, Chinese arse is being saved by this route due to US strangling the hell out of the Chinese in South China Sea.

Pak is giving "Strategic Breath" to China. This return needs to be in double digits at least to make sense out of this.

Once again, this a terrible deal negotiated by absolute pathetic corrupts in Pak. The nation once again sold by these morons for peanuts. Shame on you.

This is great deal actually. Not only China is investing in Pakistan aka terrorist heaven. On top of that in Balochstan which is must unstable province of Pakistan. Only China can take such risk and spend billions in hope things will improve in coming years.