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
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