Work on four CPEC projects to start this year

Published August 12, 2015
Planning and development minister says bidding process of four early harvest energy projects under CPEC has commenced. —APP/File
Planning and development minister says bidding process of four early harvest energy projects under CPEC has commenced. —APP/File

ISLAMABAD: Planning and Development Minister Ahsan Iqbal has said that the bidding process of four early harvest energy projects under the China Pakistan Economic Corridor (CPEC) has commenced and work on them will start this year.

Speaking at the CPEC International Forum in Karamay city of Xinjiang on Tuesday, the minister said that after completing all the requisite regulatory and other facilitation requirements, the government was doing speedy financial close to achieve the deadlines.

According to the planning minister the two governments had planned to add 10,400MW of electricity through early harvest energy generation projects which would be completed by 2017-18. Another 6,645MW through the early harvest projects are on actively promoted list, he said.

He said that the two countries have agreed on infrastructure projects totaling $6 billion which would upgrade connectivity from Khunjerab on the western border of China to the south of Pakis­tan to Gwadar in the first phase. These also include an airport and an expressway to provide connectivity to the port with north bound road and rail link.

He added that the land for free zone at Gwadar has been transferred to the Chinese company operating the port for the development of an industrial area.

Investors have shown interest in establishing units in the industrial areas, he said.

Published in Dawn, August 12th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Opinion

Police & prosecution
16 Jan 2021

Police & prosecution

Yasin Malik’s case is a revealing example of Modi’s political vendetta.
Changes in privacy policy
16 Jan 2021

Changes in privacy policy

It is indeed a blunder by WhatsApp to move towards a model that is less private than before.
A national dialogue?
15 Jan 2021

A national dialogue?

Fundamental reforms are needed to change the ‘system of spoils’, not save it.

Editorial

16 Jan 2021

Gas liberalisation

AFTER drawing much criticism from both consumers and the opposition over its mismanagement of the energy sector that...
16 Jan 2021

Osama Satti inquiry

THE findings of the judicial inquiry into the Jan 2 killing of 21-year-old Osama Satti in Islamabad merely confirms...
Updated 16 Jan 2021

British MP on IHK

DESPITE sustained efforts by New Delhi’s rulers to remove India-held Kashmir from the global discourse, people of...
Updated 15 Jan 2021

Trump’s impeachment

The impeachment move may well remain symbolic in nature; even then, the symbolism itself is a potent one.
15 Jan 2021

Economic growth

MOODY’S Investors Service expects Pakistan’s economy to grow by a modest 1.5pc in FY2021, much higher than the...
15 Jan 2021

Madressah students

GETTING students of madressahs involved in politics is a bad idea, primarily because seminarians should be...