WhyCry
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All the best with CPEC and exxacggerate as much as wellThank you to China our friend and brother
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All the best with CPEC and exxacggerate as much as wellThank you to China our friend and brother
remnants of the Ganges civilization existed since 500 BC
https://en.wikipedia.org/wiki/Bimbisara
Some clarity is needed here then. What projects are part of CPEC and which are not?
All the best with CPEC and exxacggerate as much as well
After 10 years it will go beyond 100\200 till 2030 u willWith a new Chinese loan, CPEC is now worth $51.5bn
ISLAMABAD: Despite Indian conspiracies, the size of the China-Pakistan Economic Corridor (CPEC) has been increased to more than $51.5 billion after China and the Asian Development Bank (ADB) agreed to lend $8bn to upgrade the main railway line from Karachi to Peshawar, according to a federal minister.
Addressing a news briefing upon his return from a week-long visit to China, Minister for Planning, Development and Reforms Ahsan Iqbal said Beijing has agreed to provide Pakistan with a $5.5bn concessional loan to upgrade and modernise the Karachi-Lahore main railway line called ML-1.
In addition, ADB will extend financing of $2.5bn for the Lahore-Peshawar railway track, he said.
“Both loans will carry less than 2 per cent interest rate. Both are concessional loans,” he said. However, he declined to discuss specifics of the lending programme, saying the Economic Affairs Division is still busy finalising the terms and conditions.
He said the original $46bn CPEC included about $3.56bn financing for the railway network, which has now increased to $8bn. “This is ad add-on” to the original CPEC, he explained.
He said the Karachi-Peshawar railway line processed 75pc of the passenger and cargo traffic, but its efficiency has dropped to 60-80 kilometres per hour. That is because of a continuous deterioration during the long tenure of former president Pervez Musharraf, he said, adding that the track, signalling system and bridges were in bad shape.
The refurbishment and upgradation of the main line will cost $8bn and take five to six years to complete. This will revive its efficiency to 120-160 kilometres per hour. It will be upgraded in a manner that it will accommodate fast-moving trains, reduce the cost of production and increase the competitiveness of Pakistani products.
The main line will then be expanded in the next phase to link Gwadar with Peshawar and then Havelian, Abbottabad, with Khunjerab.
Mr Iqbal said the CPEC has three phases and four major areas, namely Gwadar Port’s development, energy projects, road networks and industrial cooperation. The short-term, medium-term and long-term projects will complete by 2020, 2025 and 2030, respectively.
At present, work is in progress in the first three areas of infrastructure development, which will enable the two nations to push for industrial cooperation, he said.
Mr Iqbal said both sides agreed to convene the 6th Joint Cooperation Council (JCC) of the two countries in the last week of November. Before the JCC, working groups on transport, Gwadar Port and industrial cooperation will meet next month to firm up the implementation plan.
He said the long-term industrial cooperation has been finalised in Pakistan in consultation with all provinces, Azad Jammu and Kashmir and Gilgit-Baltistan. He said the four chief ministers belonging to different political parties have supported the CPEC that will be funded through the public-sector development programme, Chinese financing and funding by multilateral agencies.
Responding to a question, Mr Iqbal said some people have created misconceptions about the CPEC, adding that the federal government has invited the leadership of the Awami National Party for a briefing next week to address their concerns.
India has launched a massive campaign in the media to mislead people about the CPEC, he said. He noted that CPEC projects of about $18bn are currently in the implementation phase while another $17bn worth of projects are in the active pipeline. This means $35bn worth of projects have already been energised in just two years.
And you some Dalit in Orrisa has? Retardness beyond belief.
*We gave you Sanskrit
*We gave you Vedic belief system - thereby precursor to Hinduism
*We improved your genepool
*We gave you civilization
*We even taught you to even dress up properly
And you cuss us? Sad.
After 10 years it will go beyond 100\200 till 2030 u will
See more investment in cpec
This 40\50 billion project is just for infrastructure and development for cpec that cpec required and after the gawader will operational they will bring double Triple investment in Pakistan especially in blouchistan
We have skills and manpower,we only required is investment that is attracting gradually
Hey Phoenix, when was it burned. I thought it was alsways more stable than anything on the planet.As I saw for myself a few months ago, Pakistan is surely rising like a phoenix from the ashes. For the first time since the 14th of August 1947.
Ok they gave us beef meet should be the words? Unless you belive ur ancestry lies with Arabianswe gave them meat beef yummi.
Meaning of Phoenix terminology? Once Dead and raised from ashes. Pakistan born in 1947As I saw for myself a few months ago, Pakistan is surely rising like a phoenix from the ashes. For the first time since the 14th of August 1947.
Hey Phoenix, when was it burned. I thought it was alsways more stable than anything on the planet.
Let us not forget the ancient Mississippian civilization either:
https://en.wikipedia.org/wiki/Mississippian_culture
Probably every great river has such an association.
okay this must be pakistani phoenix. When it comes to pakistan everything is different. Good LuckAnd new phoenix is rising......
Ok they gave us beef meet should be the words? Unless you belive ur ancestry lies with Arabians