As the end of 2016, Zonergy 300MW Solar Park in Bahawalpur Punjab has been completed, combined to the grid, and 50MW Dawood Wind Farm is completed and awaiting connection test. Under the CPEC framework, both sides have identified 16 prioritized projects with total capacity of 10,400MW as well as 8 actively promoted projects. Efforts are required to speed up the construction of energy projects so as to help Pakistan relieve energy shortage and achieve sustainable development. What is the progress made in the energy sector under the CPEC?Īnswer: Energy is the source of power for economic development and a key factor in the sustainable development of the Pakistan economy. The two countries are working on the Long-Term Planning of CPEC and its draft has been completed. Besides, the relevant Chinese company has finished the feasibility study on the utilization of Digital Terrestrial Multimedia Broadcast in Pakistan. The Chinese Government decided to provide interest-free loans for the laying of Optical Fiber Cable from Rawalpindi to Khunjerab and construction started in April, 2016.
CPEC WESTERN ROUTE SERIES
Both sides will keep on communication with each other on the deepening of industrial cooperation, and hopefully, identify a series of win-win projects that can yield favorable economic and social benefits. Meanwhile, the Pakistani side is expected to carry out in-depth research on the locations of industrial zones and provide preferential policies and necessary services to mutually-agreed zones in this regard. The Chinese side is willing to provide high-quality industrial capacities to Pakistan and encourage reputable Chinese companies to make an investment in Pakistan.
CPEC WESTERN ROUTE FREE
(COPHC) is constructing Gwadar Free Zone expeditiously. China Overseas Ports Holding Company Ltd. On 1st September, 2016, Ground Breaking Ceremony was held for the Gwadar Free Zone, which has drawn much attention from the business community. Under the CPEC framework, the two sides have identified two industrial cooperation projects, namely Haier-Ruba Economic Zone (2006) phase II and Gwadar Free Zone. By carrying out industrial cooperation, both sides will achieve mutual complementarity and win-win results. In this regard, China has advantages in experience, technology, financing and industrial capacity, while Pakistan enjoys favorable conditions in resources, labor forces and market. It carries huge potential and a bright future. It is of vital importance to the uplifting of the level of economic cooperation and the expansion of the space for industrial cooperation between our two countries. What is the progress made in the sector of industrial and investment Cooperation under the CPEC?Īnswer: Industrial cooperation is an important field of CPEC. These projects will help boost employment and tax collection, strengthen the provincial road connectivity, promote economic development as well as improve people’s living standard. The Gwadar Port, Gwadar Free Zone, Gwadar East-bay Expressway, Gwadar International Airport, Gwadar coal-fired power plant and HUBCO coal-fired power plant are all in Balochistan province. CPEC Transport Monographic Study, approved in the 5th JCC, includes Burhan-D.I.Khan, Quetta-Sorab roads as short-term projects. Peshawar and Quetta are included in roads of CPEC as node points. The China-Pakistan Cross-border Fiber Optic Cable Project and ML1 Railway upgradation (framework agreement under active discussion as of December 2016) also pass through Khyber Pakhtunkhwa. For example, the KKH (Thakot to Havelian) phase Ⅱ and Suki Kinari Hydropower Station are located in Khyber Pakhtunkhwa. Some CPEC projects in the western parts of Pakistan are making progress. What projects does the CPEC have in the western parts of Pakistan?Īnswer: CPEC is for Pakistan as a whole and will bring benefits to the Pakistani people including the people from the western parts.
0 kommentar(er)
