Overview of CPEC: Gwadar Port Pakistan

2013

Chinese President Xi Jinping suggested that the Belt and Road Initiative (BRI) should bring different countries together and provide a win-win situation. It aims to share the opportunities of different countries and the benefits of China's development, Gwadar Port Pakistan.


Thus, Pakistan and China proposed the China-Pakistan Economic Corridor (CPEC), Gwadar Port Pakistan in 2013.

2014

Pakistan and China have proposed to start with early crop projects, including energy and infrastructure projects.

2015

President Xi Jinping visited Pakistan and the two states agreed to establish energy, infrastructure, Gwadar Port Pakistan and industrial cooperation under the CPEC. It was a historic visit and a new chapter of success was opened.

Naya Pakistan

After taking office, President Xi Jinping and Prime Minister Li Keqiang congratulated Prime Minister Imran Khan and President Arif Alvi.

Imran Khan's victory speech

"Pakistan wants to improve and strengthen relations with China. We have assured the country that Pakistan is successful. We will send our teams from China to alleviate poverty." Addressing the Chinese Foreign and State Council, Prime Minister Imran said: "The Government of Pakistan is committed to implementing the Gwadar Port Pakistan, CPEC and friendship with China is the cornerstone of Pakistan's foreign policy."

 

  • ·        10 initial harvesting projects completed
  • ·        100 MW Pakistan Jhampir UEP Wind Power Phase 1
  • ·        China-Pakistan Friendship School, Faqir Colony
  • ·        Port Qasim coal-fired power project 3 × 660 MW
  • ·        Wind Power Project (100MW)
  • ·        Early crop initial projects under construction
  • ·        Coal-fired power plant of 2.330 MW mine in Thar Block II, Sindh
  • ·        660MW Hubco Coal Power Station
  • ·        Metro railway system on the Orange Line in Lahore
  • ·        Gwadar Port Pakistan, Smart Port City Master Plan
  • ·        Highway on East Gwadar DTMB demonstration project
  • ·        Department of Energy

Business department

Chinese experts have visited Pakistan and proposed three key areas for the Special Economic Zone (SEZ), as well as China-Pakistan industrial cooperation, Gwadar Port Pakistan.

 

CPEC financing model

According to CPH's project LM (Score Multan) KH Phase II, Orange Line, Fiber Optic Cable utilized a Chinese loan guaranteed by the Government of Pakistan and was valued at approximately $ 6 billion. According to MODIS report, CPEC projects will contribute 9% to 10% of GDP in the current financial year, Gwadar Port Pakistan. Buy Residential/industrial Plots in Gwadar.

 

Investment in Pakistan has increased

China has become one of the most important investors in the last five years. CPEC has not only attracted China but also Pakistan has become a popular investment destination along with various other countries also Real estate agents in Gwadar, Gwadar property consultant or Buy property in gwadar.

Employment Opportunities

More than 75,000 Pakistani staff were directly involved in 22 CPEC projects. There are also power industries for CPEC freight, manufacturing, raw materials, etc. CPEC aims to create 700,000 jobs from 2015 to 2030.

7 energy projects

Under CPEC, 7 projects have been installed with a total capacity of 3240 MW. These 7 projects accounted for 11% of Pakistan's power generation


Comments

Popular posts from this blog

2nd phase of CPEC | Gwadar Port Pakistan

Investing Gwadar Bigger Opportunity for all Investors

A Tale of 2 Ports: Gwadar & Chabahar Port