What Is a Cpec

1 What Is A Cpec Heading south from Quetta, the Western Alignment of the CPEC will continue to the town of Surab in central Balochistan as the N25 National Highway. 309 As of February 2017, the project remains delayed while the governments of Iran and India blame one another for delays. A 300 million rupee study to establish final feasibility of constructing the rail line between Havelian and the Chinese border is already underway. 91 North of Havelian, the next 66 kilometres of road will be upgraded to a 4-lane dual carriageway between Havelian and Shinkiari. 4 kilometres 15. 6 billion, with the bulk of financing to be distributed by various Chinese state-owned banks. 19 Billion Rupee Physical work under progress. During the state visit of Chinese leader Xi Jinping to Pakistan in April 2015, he wrote in an open editorial stating This will be my first trip to Pakistan, but I feel as if I am going to visit the home of my own brother. Upgrading of the railway line will permit train travel at speeds of 160 kilometres per hour, versus the average 60 to 105 km per hour speed currently possible on existing track, 153 and is expected to increase Pakistan Railways annual revenues by approximately 480 million. 2 billion overhaul of the Main Line 1 railway is to be financed by concessionary loans, which extended by China s state owned banks. It was built by a joint venture of two Chinese firms the Huaneng Shandong company and Shandong Ruyi, who will jointly own and operate the plant. The CPEC project envisages an expanded and upgraded road network in the Pakistani provinces of Balochistan, Khyber Pakhtunkhwa, and western Punjab Province as part of the Western Alignment. Economic analysts have stated tangible benefits of this initiative including an end to the major energy shortages in Pakistan which had previously crippled economic growth. India did not object to Chinese construction of the Karakoram Highway, 448 which was built between 1959 and 1979. In February 2016, the two countries agreed to establish the Pak-China Science, Technology, Commerce and Logistic Park near Islamabad at an estimated cost of 1. 151 In June 2016, China and Pakistan unveiled plans for the second phase of the project, with a total cost of 8. General Amer Riaz who currently heads security operations in the province, stated that locals would not be deprived of benefits, and that local Gwadar residents would have the first right to everything. 6 billion Orange Line of the Lahore Metro is under construction and is regarded as a commercial project under CPEC. 133 Construction on this portion is expected to be completed by 2018 at a cost of 86 million. 294 295 misquoted Were conflict to erupt, India could potentially impede Chinese imports through the straits. Alternate route to Central Asia Edit. Improvement projects on this section are expected to be completed by January 2017 at a cost of approximately 72 million. The two roads form the 447-kilometer route between Quetta and Multan in southern Punjab. 287 Approximately 80 of its Middle Eastern energy imports also pass through the Straits of Malacca. 92 Groundbreaking on this portion commenced in April 2016. 182 Sahiwal Coal Power Project 1320 MW 1,912 US million Completed in July 2017. The 184 kilometers long M-4 Motorway between Faisalabad and Multan does not fall under the scope of CPEC projects but is nevertheless considered vital to the CPEC transportation project. In August 2016, Quetta was struck by a terrorist suicide bombing which killed 70 people, 376 while sectarian militants still frequently target Baluchistan s Shia Hazaras. 366 Another 21 militants from another militant group, the Balochistan Republican Army, surrendered shortly thereafter along with 3 militant commanders. 5 billion 711 kilometre gas pipeline from Gwadar to Nawabshah in province as part of CPEC. Several articles in Pakistan have criticised the project s finances as being shrouded in mystery, while one article suggested that there is far too much secrecy and far too little transparency. Longer term projects under CPEC also call for construction of the 682 kilometre long Khunjerab Railway line between the city of Havelian, to the Khunjerab Pass on the Chinese border, 165 with extension to China s Lanxin Railway in Kashgar, Xinjiang. 184 185 Another wind farm, the Dawood wind power project is under development by HydroChina at a cost of 115 million, and will generate 50 MW of electricity by August 2016. 55 of the country s annual GDP. 6 billion Orange Line of the Lahore Metro is under construction and is regarded as a commercial project under CPEC. 133 Construction on this portion is expected to be completed by 2018 at a cost of 86 million. 294 295 misquoted Were conflict to erupt, India could potentially impede Chinese imports through the straits. Alternate route to Central Asia Edit. Improvement projects on this section are expected to be completed by January 2017 at a cost of approximately 72 million. The two roads form the 447-kilometer route between Quetta and Multan in southern Punjab. 287 Approximately 80 of its Middle Eastern energy imports also pass through the Straits of Malacca. 92 Groundbreaking on this portion commenced in April 2016. 182 Sahiwal Coal Power Project 1320 MW 1,912 US million Completed in July 2017. The 184 kilometers long M-4 Motorway between Faisalabad and Multan does not fall under the scope of CPEC projects but is nevertheless considered vital to the CPEC transportation project. In August 2016, Quetta was struck by a terrorist suicide bombing which killed 70 people, 376 while sectarian militants still frequently target Baluchistan s Shia Hazaras. 366 Another 21 militants from another militant group, the Balochistan Republican Army, surrendered shortly thereafter along with 3 militant commanders. 5 billion 711 kilometre gas pipeline from Gwadar to Nawabshah in province as part of CPEC. Several articles in Pakistan have criticised the project s finances as being shrouded in mystery, while one article suggested that there is far too much secrecy and far too little transparency. Longer term projects under CPEC also call for construction of the 682 kilometre long Khunjerab Railway line between the city of Havelian, to the Khunjerab Pass on the Chinese border, 165 with extension to China s Lanxin Railway in Kashgar, Xinjiang. 184 185 Another wind farm, the Dawood wind power project is under development by HydroChina at a cost of 115 million, and will generate 50 MW of electricity by August 2016. 55 of the country s annual GDP. Portions of the Karakoram Highway were submerged in the lake, forcing all vehicular traffic onto barges to traverse the new reservoir. India further did not object to construction of the Mangla Dam, undertaken with World Bank funding and British technical assistance in southern Kashmir a region which India claims as its own territory. 57 US cents kWH proposed by the Chinese firm, 204 which had been initially agreed at 8. Twenty-Foot Equivalent Units 65 US million Framework agreement signed in May 2017 Gwadar East Bay Expressway 168 US million Project will be completed in April 2021. 114 The road will be a six lane wide controlled access highway, 115 with 11 planned interchanges, 10 rest facilities, 492 underpasses, and 54 bridges along its route. 330 While clarifying that Chabahar Port would not be a rival or enemy to Pakistan s Gwadar Port, 331 he further stated that Pakistan and China had both been invited to contribute to the project before India, but according to Pakistani media neither China nor Pakistan had expressed interest in joining. 356 Iranian President Rouhani revealed his intentions to Pakistan to join CPEC in a meeting at the UN 357 Russia has also expressed support for CPEC. 29 Over 10,400 MW of energy generating capacity is to be brought online by the end of 2018, with the majority developed as part of CPEC s fast-tracked Early Harvest projects. 4 MW of electricity to the government of Pakistan, 183 though under CPEC, another 250 MW of electricity are to be produced by the Chinese-Pakistan consortium United Energy Pakistan and others at a cost of 659 million. 12 US cents kWh. On 12 August 2015 in the city of Karamay, China and Pakistan signed 20 more agreements worth 1. 6 rate applied to other projects. 240 New Gwadar 2 International Airport 230 US million Construction work started on 31 October 2019. ADB assistance Edit. 96 The National Highway Authority of Pakistan reported that contractors arrived on site soon after the loan received final approval. The Western Alignment roadway network will begin at the Barahma Bahtar Interchange on the M1 Motorway near the towns of Burhan and Hasan Abdal in northern Punjab province. China Pakistan Economic Corridor Mission statement Motorways expansion, Special Economic Zones, energy production, Mass transit Type of project Economic corridor Location Pakistan Khyber Pakhtunkhwa, Gilgit-Baltistan, Punjab, Balochistan, Sindh Azad Kashmir China Xinjiang Country China Pakistan Established 22 May 2013 8 years ago 2013-05-22 Budget China Development Bank Asian Infrastructure Investment Bank Silk Road Fund Exim Bank of China Industrial and Commercial Bank of China Status Energy projects operational Special Economic Zones Under construction 2020 2 3 Website cpec. Portions of the Karakoram Highway were submerged in the lake, forcing all vehicular traffic onto barges to traverse the new reservoir. India further did not object to construction of the Mangla Dam, undertaken with World Bank funding and British technical assistance in southern Kashmir a region which India claims as its own territory. 57 US cents kWH proposed by the Chinese firm, 204 which had been initially agreed at 8.

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