FACTS about Pak China Economic Corridor (PCEC)

CHINA-PAK ECONOMIC CORRIDOR

Overview:

CPEC is the name of a portfolio of projects that has four part utilisation of Gwadar Port, energy portfolio in which Chinese companies would initiate more than 16,000 MW projects in Pakistan, infrastructure development connecting roads, railways and airports with the corridor establishment of industrial parks across the corridor.

• CPEC was kick-started in July 2013 when PM Nawaz Sharif visited China to sign the MoU between the two countries
• CPEC has ushered in era of geo-economics
• CPEC is not a single road but multiple networks of sea, air, roads linking Gwadar to China and the region
• CPEC is mega-developmental project that will link Kashghar in Western China with the deep sea Port in Gwadar, Pakistan through a mesh of communication networks
• CPEC communication networks will include a world-class seaport, commercial sea lines, an airport, highways, railways, fibre optic cables as well as oil and gas pipelines.
• Under CPEC, joint cooperation committee has been formed with Ministry of P,D & R and NDRC China.
• Pak-China Joint working groups have been meeting since past year to shortlist and approve projects. 
• Media reports that only discussed us a terrorism haven are now talking about Pakistan as a safe haven for 46 bil $ Chinese investment The investment in various projects of CPEC has generated positive signals across globe for our economy

Transport/Infrastructure:

• Gwadar will be linked to Kashgar via multiple routes.
• Three principle alignments to link Gwadar-Khunjrab passing through eastern, central and western parts of the country.
• Currently Gwadar is linked to upcountry only through Karachi, work well underway on western route
• First the western route will be made operational linking Gawadar to Sorab, Qilla Saifullah, Quetta and DI Khan
• 195 km Gwadar to Hoshab section to be completed by 2015 by FWO
• Work is underway on N-85 Hoshab to Surab missing link, to be completed by Dec 2016
•  About 65 percent work on Gwadar-Hoshab and 30 percent work on Sorab to Hoshab has been completed. 
• FWO workers have completed 100-200 km of road from Gwadar to Sorab, 15 workers were killed by insurgents.
•  Zhob to DI Khan road will be upgraded with assistance from ADB. 
• 110 km Khuzdar to Bessima road in Baluchistan to be completed in short term 
• Eastbay Expressway from Gwadar to Karachi included in CPEC infrastructure projects.
• Multan-Sukkur stretch is being completed as part of PM’s longstanding vision to link Karachi to Peshawar via motorways.
• Up-gradation of 440 km KKH Phase II from Raikot to Islamabad to be upgraded with 3500B USD.
• 1,736 km of railway tracks to be constructed/upgraded linking Gwadar with Kashgar.
•  In short term existing railway network M1 to be upgraded under CPEC

Not a single inch of original route plan has been changed.Controversy about route change is not based on facts, serving the agenda of anti-state elements Detailed map of CPEC routes has been shared in newspaper ads

Gawadar:

• Gwadar is the centerpiece of Pak-China cooperation.
• Gwadar will be transformed into a world-class port by 2017.
• Gwadar projects include International Airport, Technical Vocational Center, Fresh water treatment plant, Hospital, Breakwaters

Energy:

• $34 billion investment in energy sector under CPEC.
• 10,400 MWs capacity will be added to the national grid through early harvest energy generation projects to be completed by 2017/18.
• Energy projects include Coal, Hydel, Wind and Solar Plants spread across all provinces.
• Hydro power projects in Suki Kinari KP worth 870 MWs costing 1,802 Billion dollars.
• Hydro power projects in planned for AJK: Karot 720 MW and Kohala 1,100 MW worth 3,187 Bil dollars each.
• Coal Power Plants in South Punjab, Interior Sindh, Baluchistan by 2017/18.
• Coal plants in Interior Sindh including Thar, Jamshoro, Port Qasim.
• Power projects in Balochistan include Gaddani, Gwadar.
• Punjab energy projects in Sahiwal, RahimYarKhan.
• Solar Park in Baluchistan will be largest in the world producing 1000 MW, a triumph for renewable energy. 
• Thar coal reserves untapped for past 67 years, to be transformed into energy capital of the world.

Role of Provinces:

• National Harmony is crucial to reap benefits of CPEC projects.
• Gwadar, Quetta, Peshawar, Khunjrab, Lahore, Sukkur, Karachi all major nodes of CPEC.
• Less developed areas like Gilgit-Baltistan, Thar and Gwadar regions will be taken into the folds of active development

Today history has offered us a great chance in shape of CPEC, Pakistan has missed economic opportunities in the past





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