Sukkur-Multan motorway to create 10,000 jobs: China

[Dawood Ibrahim]

Chinese Deputy Ambassador, Zhao Lijian said on Wednesday that world largest Construction Company was implementing Sukkur-Multan section of Karachi-Lahore motorway project creating more than 10,000 jobs for local people of Punjab and Sindh provinces.

As many as 20 camps had been set up for the staff participating in the construction work of US$ 2.9 billion mega projects, he said while speaking at a national conference on CPEC: Macro and Micro Economic Dividends for Pakistan and the Region held here.

Terming CPEC as flagship projects of One Belt One Road initiative by Chinese President, Xi Jinping, he said, his country had so far invested US$ 14 billion in 30 early harvest projects being completed under CPEC out of which 16 were under construction.

He expressed his satisfaction over the pace of work on different energy, transport, infrastructure and road projects, he said, Chinese government encouraged qualified companies to invest in Pakistan and explore business and trade opportunities.

Zhao Lijian said, in the year 2013, China was at number 13 on Foreign Direct Investment (FDI) list of Pakistan, adding, last year China had become number one inventor after the commissioning of CPEC initiative.

Giving details of energy projects being completed in the year 2017, he said, 70 per cent work on Sahiwal Coal Power Project had been completed and its first unit would start producing electricity by end of June next year.

He said, Port Qasim Power Project and Dawood Wind Power project would soon be completed.

The Chinese Deputy Ambassador said Karot Hydro Power project was being completed from Silk Road Fund announced by the Chinese President.

http://www.pakistantoday.com.pk/201...r-multan-motorway-to-create-10000-jobs-china/

@PaklovesTurkiye

 

[Shot-Caller]

Good news but what is the time frame of these multan-sukkur and then karachi-lahore motorways being completed. If its completed before the next elections Nawaz would be able to bag a lot of votes since this karachi-lahore motorway was a major thing on his manifesto and it appealed a lot of people.

 

[That Guy]

The early harvest projects are going to be a major highlight for Pakistan's future, but it won't be enough. In fact, even if all the energy projects under CPEC, and out of CPEC are completed, Pakistan will need to immediately start working on another CPEC level mega energy projects, because Pakistan's demand for energy will likely quadruple to 90,000-100,000MWs by 2025-30, from today's demand of 20-22,000MWs. As it is, once CPEC is complete (est.2025), Pakistan's total capacity will only be at 50-60,000MW, a shortfall of 30-40,000MWs.

 

[Shot-Caller]

Good news but what is the time frame of these multan-sukkur and then karachi-lahore motorways being completed. If its completed before the next elections Nawaz would be able to bag a lot of votes since this karachi-lahore motorway was a major thing on his 2013 elections manifesto and it appealed a lot of people.

The early harvest projects are going to be a major highlight for Pakistan's future, but it won't be enough. In fact, even if all the energy projects under CPEC, and out of CPEC are completed, Pakistan will need to immediately start working on another CPEC level mega energy projects, because Pakistan's demand for energy will likely quadruple to 90,000-100,000MWs by 2025-30, from today's demand of 20-22,000MWs. As it is, once CPEC is complete (est.2025), Pakistan's total capacity will only be at 50-60,000MW, a shortfall of 30-40,000MWs.

The current energy requirements are 20-25,000 MW if I'm not wrong. Don't you think it would take a while for the requirements to go up to 100,000 MW. Its 4 times the current requirement and 2025-30 is not too far.

 

[X-2.]

The early harvest projects are going to be a major highlight for Pakistan's future, but it won't be enough. In fact, even if all the energy projects under CPEC, and out of CPEC are completed, Pakistan will need to immediately start working on another CPEC level mega energy projects, because Pakistan's demand for energy will likely quadruple to 90,000-100,000MWs by 2025-30, from today's demand of 20-22,000MWs. As it is, once CPEC is complete (est.2025), Pakistan's total capacity will only be at 50-60,000MW, a shortfall of 30-40,000MWs.

They should include iran,iran eager to invest in Pakistan with reasonable price.iran is strategically important for Pakistan so Pakistan should benefit from them

Chinese Deputy Ambassador, Zhao Lijian said on Wednesday that world largest Construction Company was implementing Sukkur-Multan section of Karachi-Lahore motorway project creating more than 10,000 jobs for local people of Punjab and Sindh provinces.

As many as 20 camps had been set up for the staff participating in the construction work of US$ 2.9 billion mega projects, he said while speaking at a national conference on CPEC: Macro and Micro Economic Dividends for Pakistan and the Region held here.

Terming CPEC as flagship projects of One Belt One Road initiative by Chinese President, Xi Jinping, he said, his country had so far invested US$ 14 billion in 30 early harvest projects being completed under CPEC out of which 16 were under construction.

He expressed his satisfaction over the pace of work on different energy, transport, infrastructure and road projects, he said, Chinese government encouraged qualified companies to invest in Pakistan and explore business and trade opportunities.

Zhao Lijian said, in the year 2013, China was at number 13 on Foreign Direct Investment (FDI) list of Pakistan, adding, last year China had become number one inventor after the commissioning of CPEC initiative.

Giving details of energy projects being completed in the year 2017, he said, 70 per cent work on Sahiwal Coal Power Project had been completed and its first unit would start producing electricity by end of June next year.

He said, Port Qasim Power Project and Dawood Wind Power project would soon be completed.

The Chinese Deputy Ambassador said Karot Hydro Power project was being completed from Silk Road Fund announced by the Chinese President.

http://www.pakistantoday.com.pk/201...r-multan-motorway-to-create-10000-jobs-china/

@PaklovesTurkiye

We need permanent jobs means we should ask Chinese or rest of industrial companies to install the factories aand fill the industrial zones and skilled education to match the level like government schools of skill development need to upgrade to overcome the unskilled numbers especially sindh and blouchistan provincial governments need to do so as to balance unpowered issues

 

[That Guy]

Good news but what is the time frame of these multan-sukkur and then karachi-lahore motorways being completed. If its completed before the next elections Nawaz would be able to bag a lot of votes since this karachi-lahore motorway was a major thing on his 2013 elections manifesto and it appealed a lot of people.


The current energy requirements are 20-25,000 MW if I'm not wrong. Don't you think it would take a while for the requirements to go up to 100,000 MW. Its 4 times the current requirement and 2025-30 is not too far.

Pakistan's population is set to grow to 244 million people within the next 15 years. This means, more jobs and industry will be appear, it also means that there will be higher consumer demand for energy; add all of this, and you get a lot of problems, if Pakistan doesn't act now.