11 CPEC projects completed, 11 more 'under construction': report

Dawn.comDecember 31, 2018

Email

$18.9 billion have been invested in the 22 existing CPEC projects, according to a progress report issued by the Embassy of China in Pakistan. — Reuters/File

Eleven development projects of the China-Pakistan Economic Corridor (CPEC) have been completed so far while 11 others are "under construction", Radio Pakistan reported on Monday.

Based on the latest progress report on CPEC issued by the Embassy of China in Pakistan on Saturday, around $18.9 billion have been invested in the 22 projects. Twenty more projects remain in the pipeline.

According to the report, 15 energy projects with total generation capacity of 11,110MW were planned as a priority. Seven have been completed while six are "under construction" with a total capacity of 6,910MW.

As per the report, three projects regarding infrastructure are "under construction" — the Karakoram Highway Phase-II (Havelian-Thakot section), Karachi-Lahore Motorway (Sukkur-Multan section) and Lahore Orange Line Metro Train Project.

"CPEC is a major and pilot project of the Belt and Road Initiative and one major platform for comprehensive and substantive cooperation between China and Pakistan," the report stated.

The project is believed to be the crown jewel of China's One Belt One Road initiative, a massive global infrastructure programme to revive the ancient Silk Road and connect Chinese companies to new markets around the world.

CPEC, CPEC Projects

Pakistan

Email

SMOKERS’ CORNER: HOW DID PAKISTAN AND CHINA BECOME CLOSE ALLIES?

CPEC on the pivot

CPEC and the ‘Great Game’

Comments (12) Closed

Fayaz

Dec 31, 2018 02:37pm

What are the 11 projects completed, nothing has been mentioned and 11 more under construction, not much written.

Recommend 0

Pro Democracy

Dec 31, 2018 02:43pm

All planned, designed and executed in last PMLN government. PTI is just talking, no substantial solid work

Recommend 0

Bd in

Dec 31, 2018 02:46pm

Always trust radio pakistan since 71. Naya pakistan 50% work is there to be seen

Recommend 0

Javed Mahmood

Dec 31, 2018 04:27pm

US$18 billion invested in Pakistan under CPEC projects seems a good development. But official foreign investment data of State Bank of Pakistan and Pak govt showing no investment like this. Why this investment is not being reflected in Pakistan's official record and reports of State Bank. Every month State Bank issues data of foreign investment that is not showing any Chinese investment under CPEC. Why???

Recommend 0

Saif Zulfiqar

Dec 31, 2018 05:12pm

Long live Pakistan-China friendship.

Recommend 0

Javed

Dec 31, 2018 05:27pm

Wow! And no visible benefits.

Recommend 0

PAK-1

Dec 31, 2018 05:41pm

Official SBP records telling different storey, Last 3 years average FDI was less than 2 Billion Dollar per year

Recommend 0

Kashkolistan

Dec 31, 2018 05:51pm

@Javed Mahmood, " Why this investment is not being reflected in Pakistan's official record and reports of State Bank" This CPEC "investment" of $18B will reflect in loan book of Pakistan

Recommend 0

Wazir 1

Dec 31, 2018 05:57pm

CPEC projects should be completed on priority basis. A country sans infrastructural development is the poorest one in the world. The incumbent government needs to accomplish the proposed projects expeditiously and without any hurdle.

Recommend 0

Anas Iqbal

Dec 31, 2018 06:04pm

Best wishes for Pakistan and China and also for our neighbors. Promote peace, live happily even if one has to live with lesser means.

Recommend 0

Justicefirst

Jan 01, 2019 12:23am

We are living in digital age and all projects with complete details to be available on government website under CPEC and the general public can make queries/ observations on the project and their reply given by the concerned.In this way we have permanent updated forum available.

Recommend 0

Orakzai

Jan 01, 2019 01:44am

and thousands Pakistani engineers are wandering here and there jobless

Recommend 0

Email

Email

Read more

On DawnNews

Comments (12) Closed