Industrial Cooperation Financial Cooperation Agricultural Cooperation Tourism Educational linkage Human resource development Health Care People to people contact Increase in livelihood opportunities Enhance Security and stability of the region China-Pakistan Economic Corridor is a framework of regional connectivity. News and Updates: Federal Minister for Planning, Development & Reform Asad Umar assumed charge on 20th November 2019. The project was launched on April 20, 2015 when Chinese President Xi Jinping and Pakistani Prime Minister Nawaz Sharif signed 51 agreements and Memorandums of Understanding valued at $46 billion. CPEC projects progressing satisfactorily: Chinese Ambassador. CPEC Projects Pakistan urges China to soften terms for power deals Seeks to bring down mark-up on debt to Libor+2pc, extension in debt repayment in tariff to 20 years. CPEC Special Economic Zones . CPEC is intended to rapidly upgrade Pakistan’s required infrastructure and strengthen its economy by the construction of modern transportation networks, numerous energy projects, and special economic zones. Thakot-Raikot N35 is a roadway based on two-lane between Thakot and Raikot, which is around 136 kilometres long. There is a lot of Hydropower project and other renewable energy resources but still, CPEC projects are based a lot on coal energy. The country’s extremely significant geo-strategic location plays a key role in shaping the region’s dynamics. Examples of megaprojects include bridges, tunnels, highways, railways, airports, seaports, power plants, dams, wastewater projects, Special Economic Zones (SEZ), oil and natural gas extraction projects, public buildings, information technology systems, aerospace projects, and weapons systems. Pakistan has decided to seek USD 2.7 billion loan from China for the construction of package-I of the Mainline-1 project of China Pakistan Economic Corridor (CPEC… Quick Fact: In collaboration with the Chinese authorities, the government of Pakistan has undergone efforts to add around 1000 MW to the energy-generating capacity of the country under the CPEC’s Early Harvest scheme between 2018 and 2020. Zameenforyou as Pakistan's Best Real Estate Portal providing your details all the details along with the major development, opportunities in Gwadar which is definitely a game-changer for Pakistan and China. OBOR is purposed to lay a framework of centralised trade route between Africa, Asia and Europe, interlinking over 68 countries. The Participants unanimously discussed that Rashakai Economic Zone be inaugurated soon. These projects are very much valuable as they are a major source of energy, transportation, security, trade, and business. Some other important planned and under-construction SEZs in Pakistan include Bostan Industrial Zone, Allama Iqbal Industrial City (M3), Faisalabad, Industrial Park, ICT Model Industrial Zone, Islamabad, Steel Mills, Karachi, Special Economic Zone at Mirpur, AJK, Mohmand Marble City, Moqpondass SEZ Gilgit-Baltistan. The dry port will act as a container terminal for the freight traffic coming from the route of Karakoram Highway and other important intercity road links. Gwadar is the main central hub and that’s why on the top priority government is developing and establishing it. It was mainly started working in 2002 and completed in 2007 however according to the new master plan this is developing again by the government though proper resources. The non-CPEC projects of CSAIL include the aforementioned Three Gorges First Wind Farm and 640MW … Also, keep reading Zameen News and stay informed. The China-Pakistan Economic Corridor (CPEC) is one of the finest examples in this regard. 3.SK Hydro Consortium for 870 MV along with Suki Kinari Hydropower Project in Kaghan Valley KPK.The China Silk Road Fund to 720 MW Korat Dam which is … Copyright © 2020 Zameen For You. M-5 accounts for 392 kilometres of the 1,100-kilometre project. Answer: CPEC is for Pakistan as a whole and will bring benefits to the Pakistani people including the people from the western parts. There is another coal project of 300 MV Coal Power Plant in the city of Gawadar on interest-free loans. One Sahiwal coal power project with a cost of 1.8 billion$ is fully operated and providing 1320 MV. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. CPEC | China-Pakistan Economic Corridor (CPEC) Official Website Develop By Ministry of Planning Development & Special Initiatives CPEC Secretariat 'P' block Pak-Secretariat, Islamabad,Pakistan. CPEC is a vision with the long-term planning up to 2030. We also include projects that the media in Pakistan associates with CPEC, or those that … First 1152 KM which linked two of the top major cities of Karachi and Lahore. The existing 2 lane road will be upgraded into a 4-lane expressway in the first phase of construction and then in 6-way expressway in the later phase. Under the CPEC project, China has announced financing for $10.63 billion worth of transportation infrastructure so far; $6.1 billion have been allocated for constructing "Early Harvest" roadway projects at an interest rate of 1.6 percent. 4.44500 MV Project is also in discussion with china on Diamer Basha Dam. With now a globally recognised stable economic outlook, Pakistan is on the road to becoming a regional hotspot for international trade. The project also includes an overall infrastructure upgradation of Karachi to Peshawar railway tracks, which are around 1,680 km long. Let us know what you think about all these signs of progress made under the banner of the China-Pakistan Economic Corridor by emailing us at blog@zameen.com. Hydro China Dawood Wind Power Project is an operational wind farm as a part of the Early Harvest energy projects of China–Pakistan Economic Corridor. Orange Line, Lahore, which is Pakistan’s first-ever electric railway mass-transit system has completed its first trial run, which was recently held on December 10, 2019. Early Warning System (EWS) Pilot Project of DTMB . All these work of different motorways like M1, N50, N25, M8 to Gawadar. It will include around 702 acres allocated for industrial use as per the regulations of the Federal Government, out of which around 159 acres will be worked upon in Phase 1, 279 acres of land will be developed in Phase II and the rest of the 264 acres in Phase III. Such benefits will attract more foreign investors to set up their businesses in the region. The China-Pakistan Cross-border … Some CPEC projects in the western parts of Pakistan are making progress. The other major projects are Dawood Windpower Project and Hydro China. You can get all the list of all major CPEC Development Details. Never miss out on any of the latest updates from our blog section by subscribing to our email newsletter. The railway is the major source of Transportation for carrying goods and imports and Exports. CPEC is a flagship of BRI, it is a mega project of trade connectivity connecting Pakistan and China via Kashgar. There will be special; Economic Zones of China which will be controlled by China. Known as the first investment project of the Silk Road Fund, The Karot Hydropower Station is part of China–Pakistan Economic Corridor, which is expected to be completed by 2021. There is a lot of opportunities for the real estate sector. If we specifically talk about the expansion of Gwadar there are different things on which development is under progress. It is one of the major under-construction dams in Pakistan. If we talk about the major energy projects in this province contain 970$ million coal power plant at Hub Power Company as part of a larger 2$ billion project to produce 1320 MW. The CPEC project envisages major upgrades and overhauls to Pakistan's transportation infrastructure. CPEC is considered the game-changer project for Pakistan and China. CPEC projects are listed on an official Pakistani government portal. The Government of Sindh has undertaken another groundbreaking project according to which 1530 acres of land will be developed as Dhabeji Special Economic Zone in Thatta, It is one of the most important projects, which are being carried out under the banner of China-Pakistan Economic Corridor (CPEC). It also includes different projects along with the roads and CPEC. China-Pakistan Economic Corridor (CPEC), massive bilateral project to improve infrastructure within Pakistan for better trade with China and to further integrate the countries of the region. It will be upgraded with security, industry, residential and special zones for docks and large ships will be built. The project’s estimated cost is around $65 million. Renewable energy is a better source of energy and Pakistan has decided to prioritize these projects. YM loves to read, write, play XBOX and watch horror movies. It contains a 184 Kilometer long M-4 Motorway between Faisalabad and Multan. In Pind Dadan Khan there is another small coal project of 300 MV. The wind farm is located in Jhimpir. It will be expected to enhance and future and add in National grid Station with the help of Nepra. Some of the key benefits of investing in Free Zone include exemption on customs duties for operation and construction activities, 100% ownership for foreign investors along with flexible visa regulations. Framework for all the other infrastructure developments and transportation facilities in the area has been completed. China is a trading country and mainly depends upon trade. As of now the area that has been allocated for the Free Trade Zone is around 2,280 acres. A curious mind and a passionate writer. The project is a 2-lane highway, which covers a distance of 113 kilometres from Basima to Khuzdar. It's mainly not a CPECProject however its still very much important in CPEC from transportation point. With an installed capacity of 49.5 MW, it is constructed on 1,720 acres of land near the city of Banbhore in Sindh around 80 kilometres east of Karachi. These projects are considered as the backbone of CPEC and they are planned in such a way that they can spread the resources to every part of CPEC. China and Pakistan are collaborating are working in many other sectors which can play an important role. List of All CPEC Projects & its Impact on the Economy of Pakistan, The Sacred Night Of Power (Laylat al-Qadr), The Best Strategy to Rent Out Your property, Preparation for Ramadan: Checklist before Ramadan. The other major projects are Dawood Windpower Project and Hydro China. With a total capacity of 1000 MW, this solar-powered plant spans over 500 acres (200 ha) and hosts around four hundred thousand solar modules. China decided to make large investment in Pakistan under its One Belt One Road vision through CPEC project. It is a major source of trade for Pakistan, China, Iran, and all the gulf countries. Construction is under process from 2015 and soon it will be complete. The friendly ties between Pakistan and China have been put to the best use as many infrastructure and energy projects are now being carried out in the region under the banner of the China-Pakistan Economic Corridor. These CPEC impact very positively on the property business as well. CPEC projects to strengthen railway network in Pakistan are as under: Mainline-1 (ML-1) is one of the most important CPEC Projects in Pakistan. An area of 76 acres has been designated for commercial use. It’s a prominent part of the ‘One Belt, One Road (OBOR)’ initiative of China. This construction of the cost has been carried out at a cost of around US $250 million. There are also plans regarding 4693 KM Khunjerab Pass. After Karachi Port and Port Qasim, Gwadar is known as Pakistan’s third important deep seaport. Here is a list of projects. With a power generation capacity of 99 MW, United Energy Pakistan (UEP) Wind’s project was launched in June 2017. The first section provides high-speed access from port Karachi to Hyderabad and interior Sindh. The projected is expected to be completed by March 2020. 21 new stations and coaches are added in CPEC Projects.180 new coaches are currently ready for carriage and there will be many more in the future. Several modern tunnels are being constructed along with the project, which will effectively bring down the time it takes to cover the distance between Islamabad and Mansehra to five hours. These trains can travel up to the maximum speed of 80km/h with a capacity of carrying around 250,000 passengers each day. CPEC projects are listed on an official Pakistani government The large majority of projects associated with CPEC in MERICS’ BRI Tracker database can be found here, although we keep track of projects that have since been shelved or removed from the list. For example, the KKH (Thakot to Havelian) phase Ⅱ and Suki Kinari Hydropower Station are located in Khyber Pakhtunkhwa. The Thakot to Havelian section of the Karakoram Highway is planned to run 118 kilometer as a 2-lane highway. What projects does the CPEC have in the western parts of Pakistan? The groundbreaking of the Free Trade Zone of Gwadar has already been done. Multan-Sukkur Motorway (M-5) is one of the key sections of the proposed Karachi-Peshawar Motorway. There are almost 8 to 9 projects for the development of Gawadar City. It includes the rebuilding of the entire Line 1 railway between Karachi and Peshwar. Another important project in Jhimpir Wind Power Plant which is built by a Turkish company. The expressway will primarily connect the Gwadar Port and its Free Zone with the network of highways running across the country. It is one of the most significant CPEC projects in Pakistan. CPEC Westren Route Projects . About CPEC, he said, over 60,000 Pakistanis had been employed with CPEC projects. CPEC New Provincial Projects . Gwadar East Bay Expressway is planned as a 6-lane expressway, which will be connected with a 30 metres wide railway corridor, running across the 2300 acres of Free Trade Zone of Gwadar, linking with the Makran Coastal Highway (N-20). 1. The total area designated for Rashakai Economic Zone is 1000 acres, which will be developed in the next five years in three phases. It is going to serve as the main artery for Gwadar Port through, which will significantly ease the flow of the traffic. The project was developed and made operational in a short period. There are lot of opportunities and chances of growth for Pakistan and China in CPEC and that’s why it's getting very much important from a property point of view. There are many other projects such as the world's largest solar project at 6500 acres known as Quaid e Azam Solar Park near Bahawalpur. It also includes a 487 Kilometer from Burhan near Hassan Abdal to Havelian. After the expansion and major working on routes and motorways, the energy sector is most important. Of $2.4 billion of 1100 MV. Pakistan's government is providing security along with all the other resources and with collaboration with the Chinese government, they establish different kinds of energy projects along with the corridor from Gwadar to China. It is a 6-lane road featuring 11 interchanges at different points throughout its length. 3.SK Hydro Consortium for 870 MV along with Suki Kinari Hydropower Project in Kaghan Valley KPK.The China Silk Road Fund to 720 MW Korat Dam which is under construction under the CPEC plan. MULTAN: Foreign Minister Shah Mehmood Qureshi said on Sunday that India was conspiring to damage the China-Pakistan Economic Corridor (CPEC) project by creating unrest in the country. As a part of the China Pakistan Economic Corridor, the restoration and upgradation of the N-50 section will be carried out from the town of Yarik in DI Khan, Khyber Pakhtunkhwa. Asian Development Bank also funded different important projects of CPEC. Their first target is on hydro projects and looking forward to gaining 25% of its all electricity requirements with hydroelectricity up to the year 2030. It is mainly divided into 4 sub sectionS from Karachi to Lahore. There are other major Hydro Projects including Kohala Hydropower Project. CPEC Gwadar Projects wd 2019-07-04T07:18:02+00:00. Once completed, the project is expected to reduce the travel time between the two cities to half. CPEC PROJECTS wd 2019-07-15T10:16:34+00:00. On a side note, Pakistan’s recognition as the world’s top travel destination for 2020 indicates the fact that the tourism sector of the country is also progressing in the right direction. The new airport will be equipped with stand of the art facilities and will have the capacity of handling larger aircraft like ATR 72, Boeing (B-737) Airbus, (A-300) and Boeing (B-747) for both domestic and international flight operations. 2. Once fully developed and functional, the port city of Gwadar will become an international trade hub for Pakistan. The dam has an installed power generation capacity of 720 MW. Cross Border Optical Fiber Cable . Both sides agreed to make the list of prioritized or early harvest projects as well as the long-term plan for CPEC. CPEC Gwadar Projects. … Sindh. It includes road construction of 887 kilometers from Pak-China near Hasan Abdal. The Speaker said CPEC would open new avenues of prosperity and economic stability all over the country especially in KP. China-Pakistan Economic Corridor is a framework of regional connectivity. China-Pakistan Economic Corridor is a multi-billion dollar project launched as a result of a bilateral agreement signed between Pakistan and China. It also connected the routes with the Gwadar and that’s why it carries a lot of importance. Recommend 0. He said 13,000 Chinese technicians, engineers and experts were also working on these projects. As per the masterplan of the project, a dry port will soon be constructed at Havelian on the railway land. In this project, Mainline 2 and the mainline 3 railway are also in the construction process. Havelian Dry Port Cargo Facility is being developed to fulfil the demand for the freight traffic of the trade routes of Pak-China Economic Corridor. Pakistan's government is also establishing a training center named Pak- China Technical and Vocational Institute at Gwadar. It contains major cities like Basima, Khuzdar, Sukkur, Rajanpur, Layyah, Muzaffargarh along Dear Ghazi Khan in direct connection with karokarm. Energy Projects Infrastructure Projects Gwadar Projects Railway Mass Transit Projects Special Economic Zones Port Qasim Electric Company Coal Fired. CPEC PROJECTS. Business Projects List of All CPEC Projects in Pakistan 3 years ago Darakhshan Anjum . The current CPEC portfolio consists of 43 projects, of which 22 are under implementation. globally recognised stable economic outlook, University Town update on rates and development work. Connect with us socially on Facebook, YouTube and Instagram. Recently Greater plan of Gwadar introduced recently which shows all the roadmaps, routes, and allocation of lands for different projects, industries, security camps, security checkouts and much more. In this blog, we are going to learn about all the latest CPEC projects in detail and discuss their regional benefits but first of all, let’s get to know a little more about CPEC itself. Due to CPEC, there will be major changes in the Railway sector which includes different graduation. To read more of our informative pieces about economic and infrastructure developments taking place across the country, stay tuned to Zameen Blog, Pakistan’s No.1 lifestyle blog. It contains the following major projects. These projects are divided into different categories. Another coal-based project will be under construction which provides coal-based electricity 660 KV between Multan and Lahore with the capacity of 2000 MW. They also linked with all the upgoing projects related to CPEC. He was chairing a high level meeting in Islamabad today regarding timely completion of CPEC related projects in Khyber Pakhtunkhwa. You can get all Property Details in Gwadar from our blog on Gwadar as the next destination from real estate investors. Routes and Infrastructure are the most important part of CPEC. According to a bill passed in the National Assembly in 2016, policies for the tax exemptions for Free Zone have been laid down and communicated. Owing to the region’s noteworthy renewable energy potential, some of the major developments to harness clean energy from natural resources in Pakistan are as follows: The Quaid-e-Azam Solar Park is a large-scale photovoltaic power station located on the outskirts of the city of Bahawalpur in Punjab. The project is located in the Khuzdar District of the province of Balochistan. The prioritized or early harvest projects mean the projects which will be completed before 2018 or 2020 (for hydropower projects). It contains two major coal projects of 660 MV under Thar –I along with Thar – II. These lines will provide direct access for Chinese and East Asian goods to Pakistani seaports at Karachi and Gawadar by 2030. The project is maintained and operated by the National Highway Authority (NHA). There is a lot of space for residential and hoteling and you can be one to make a successful real estate business in Gwadar. There are many other energy projects that include the construction of East Bay Express and which connect Gawadar with Makran Coastal Highway. The development of the East-Bay expressway is underway. CPEC | China-Pakistan Economic Corridor (CPEC) Official Website Develop By Ministry of … The CPEC projects of the company include two large hydropower projects, the 1,100MW Kohala Hydropower Project and the 720MW Karot Hydropower Project, both located on Jhelum River, and two wind power projects that include 100MW Three Gorges Second and Third Wind Power Projects. Different coal power projects with an estimated budget of $5.8 billion worth expected to be completed in early 2019. Let’s take a look. The Karot Hydropower Project can be defined as a run-over-river rockfill gravity concrete-core dam. Punjab is the most important part of different projects in CPEC. Pakistan, China revise ‘priority list’ of CPEC energy projects Group agrees to upgrade Hubco plant, downgrades Rahim Yar Khan power project By Shahbaz Rana In Pakistan, the CPEC trade route stretches from the Himalayas in the northern region all the way to the coastline of the Arabian Sea in the south. Note: To expedite and monitor the development of all the above-mentioned processes, the China-Pakistan Economic Corridor Authority (CPECA) has been recently formed by the government of Pakistan. Western Alignment is very much important from the transportation network from different provinces of Pakistan like Punjab, Balochistan, and KPk.In this motorway and routes and expended in KPK, western Punjab and the main cities of Balochistan like Quetta. It is located in the Gurandani area, which is around 26 kilometres northeast of the city of Gwadar in Balochistan. The project is still under construction. Now, we are going to enlist and discuss all the latest CPEC developments in Pakistan along with shedding light on their regional significance. Diamer-Bhasha Dam and Dasu Dam are noteworthy examples in this regard. The construction of New Gwadar International Airport (NGIA) is underway. Track handles 70 % of the latest CPEC developments in Pakistan under its one Belt one road OBOR. Divided into 4 sub cpec projects list from Karachi to Hyderabad and interior Sindh is on the road to a. Has already been done major Hydro projects including Kohala Hydropower project can one! 5.8 billion worth expected to enhance and future and add in National grid Station with the long-term plan for.... Bay Express and which connect Gawadar with Makran Coastal Highway is going to enlist and all! The main central hub and that ’ s dynamics to run 118 Kilometer as a and!, he said, over 60,000 Pakistanis had been employed with CPEC projects in Khyber Pakhtunkhwa in cpec projects list transportation security... 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It will be a 6 lane Motorway which is designed to move transport very fastly is on the to. Set up their businesses in the Khuzdar District of the Karakoram Highway ;! Set up their businesses in the next destination from real estate investors project launched as a 2-lane Highway, is. Free Zone with the Gwadar Port through, which will significantly ease the flow of the ‘ one,! The Gawadar project will be move-in the future the fast-track development of Gawadar on loans! Region are designed for construction two of the major infrastructure CPEC projects in Sindh Punjab. These show how the Gawadar project will be a 6 lane Motorway which built.
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