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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. The other major projects are Dawood Windpower Project and Hydro China. It is a major source of trade for Pakistan, China, Iran, and all the gulf countries. The Karot Hydropower Project can be defined as a run-over-river rockfill gravity concrete-core dam. They also linked with all the upgoing projects related to CPEC. The project is maintained and operated by the National Highway Authority (NHA). Including a sizable hydro project of greater than 400 MW from Gilgit-Baltistan in the CPEC list will help improves lives of thousands and the planet as well Recommend 0 Akhter CPEC New Provincial Projects . It includes the rebuilding of the entire Line 1 railway between Karachi and Peshwar. News and Updates: Federal Minister for Planning, Development & Reform Asad Umar assumed charge on 20th November 2019. There are other major projects on Pakistan Port Qasim Power Project in 1320 MV NEAR Port Qasim. CPEC Gwadar Projects. Now, we are going to enlist and discuss all the latest CPEC developments in Pakistan along with shedding light on their regional significance. 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 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. CPEC Westren Route Projects . Multan-Sukkur Motorway (M-5) is one of the key sections of the proposed Karachi-Peshawar Motorway. 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. Connect with us socially on Facebook, YouTube and Instagram. It will be upgraded with security, industry, residential and special zones for docks and large ships will be built. It also includes a 487 Kilometer from Burhan near Hassan Abdal to Havelian. CPEC Special Economic Zones . 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. 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. 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… The project was developed and made operational in a short period. The expressway will primarily connect the Gwadar Port and its Free Zone with the network of highways running across the country. 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). Answer: CPEC is for Pakistan as a whole and will bring benefits to the Pakistani people including the people from the western parts. These trains can travel up to the maximum speed of 80km/h with a capacity of carrying around 250,000 passengers each day. It is also financed under the banner of CPEC. The Speaker said CPEC would open new avenues of prosperity and economic stability all over the country especially in KP. 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. It is a 6-lane road featuring 11 interchanges at different points throughout its length. Let’s take a look. In Pind Dadan Khan there is another small coal project of 300 MV. Allah has blessed Pakistan with a river, mountains, beautiful visiting places and above all a port on the most important sea route of the world. These show how the Gawadar project will be move-in the future. It contains the following major projects. 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. It's mainly not a CPECProject however its still very much important in CPEC from transportation point. These lines will provide direct access for Chinese and East Asian goods to Pakistani seaports at Karachi and Gawadar by 2030. The project is still under construction. It contains major cities like Basima, Khuzdar, Sukkur, Rajanpur, Layyah, Muzaffargarh along Dear Ghazi Khan in direct connection with karokarm. These CPEC impact very positively on the property business as well. There is a different project of reconstruction and up-gradation on National Highway 35 which is known as (N-35). It also includes different projects along with the roads and CPEC. There are many other energy projects that include the construction of East Bay Express and which connect Gawadar with Makran Coastal Highway. An area of 76 acres has been designated for commercial use. It is located in the Gurandani area, which is around 26 kilometres northeast of the city of Gwadar in Balochistan. This brings us to the end of our overview of some of the latest CPEC projects, which are being developed as a part of a revolutionary framework for energy, infrastructure and trade sectors in the region. It will be expected to enhance and future and add in National grid Station with the help of Nepra. Routes and Infrastructure are the most important part of CPEC. 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. 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. OBOR is purposed to lay a framework of centralised trade route between Africa, Asia and Europe, interlinking over 68 countries. 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. Different coal power projects with an estimated budget of $5.8 billion worth expected to be completed in early 2019. The non-CPEC projects of CSAIL include the aforementioned Three Gorges First Wind Farm and 640MW … For example, the KKH (Thakot to Havelian) phase Ⅱ and Suki Kinari Hydropower Station are located in Khyber Pakhtunkhwa. Early Warning System (EWS) Pilot Project of DTMB . 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. 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. These projects are divided into different categories. It will be a 6 lane motorway which is designed to move transport very fastly. The projected is expected to be completed by March 2020. 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 project is located in the Khuzdar District of the province of Balochistan. He said 13,000 Chinese technicians, engineers and experts were also working on these projects. Another important project in Jhimpir Wind Power Plant which is built by a Turkish company. Pakistan's government is also establishing a training center named Pak- China Technical and Vocational Institute at Gwadar. CPEC is considered the game-changer project for Pakistan and China. 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. The project is a 2-lane highway, which covers a distance of 113 kilometres from Basima to Khuzdar. There is a lot of opportunities for the real estate sector. List of All CPEC Projects in Pakistan. Also, keep reading Zameen News and stay informed. Once fully developed and functional, the port city of Gwadar will become an international trade hub for Pakistan. Pakistan, China revise ‘priority list’ of CPEC energy projects Group agrees to upgrad­e Hubco plant, downgr­ades Rahim Yar Khan power projec­t By Shahbaz Rana It is one of the major under-construction dams in Pakistan. Both sides agreed to make the list of prioritized or early harvest projects as well as the long-term plan for CPEC. All rights reserved. As per the masterplan of the project, a dry port will soon be constructed at Havelian on the railway land. China is a trading country and mainly depends upon trade. Here are some of the latest developments in Gwadar carried out as a part of China-Pakistan Economic Corridor. 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. 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. The wind farm is located in Jhimpir. Gwadar is the main central hub and that’s why on the top priority government is developing and establishing it. 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. 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. CPEC projects progressing satisfactorily: Chinese Ambassador. There is another coal project of 300 MV Coal Power Plant in the city of Gawadar on interest-free loans. After Karachi Port and Port Qasim, Gwadar is known as Pakistan’s third important deep seaport. Some of the key infrastructure facilities include Captive Power Plant, Technical & Vocational Training Centre, WasteWater Treatment Plant, Warehouse/Logistics Park, 5 Star Hotel, Business Center, Fire Station/ Emergency Response Centre and Auditorium/Expo Center. With a power generation capacity of 99 MW, United Energy Pakistan (UEP) Wind’s project was launched in June 2017. Cross Border Optical Fiber Cable . As of now the area that has been allocated for the Free Trade Zone is around 2,280 acres. China decided to make large investment in Pakistan under its One Belt One Road vision through CPEC project. 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. It is going to serve as the main artery for Gwadar Port through, which will significantly ease the flow of the traffic. The China-Pakistan Cross-border … 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. It is one of the most significant CPEC projects in Pakistan. 4.44500 MV Project is also in discussion with china on Diamer Basha Dam. The project also includes an overall infrastructure upgradation of Karachi to Peshawar railway tracks, which are around 1,680 km long. CPEC | China-Pakistan Economic Corridor (CPEC) Official Website Develop By Ministry of Planning Development & Special Initiatives CPEC Secretariat 'P' block Pak-Secretariat, Islamabad,Pakistan. The CPEC project envisages major upgrades and overhauls to Pakistan's transportation infrastructure. With now a globally recognised stable economic outlook, Pakistan is on the road to becoming a regional hotspot for international trade. globally recognised stable economic outlook, University Town update on rates and development work. CPEC is a vision with the long-term planning up to 2030. Never miss out on any of the latest updates from our blog section by subscribing to our email newsletter. 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. China's government also spends 230$ million on Gwadar International Airport which is totally non-refundable. 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. China-Pakistan Economic Corridor is a framework of regional connectivity. Recommend 0. You can get all Property Details in Gwadar from our blog on Gwadar as the next destination from real estate investors. This construction of the cost has been carried out at a cost of around US $250 million. You can get all the list of all major CPEC Development Details. Get the help of pwc to evaluate the true meaning of these cpec projects and if they are beneficial carry on but if not start terminating them immediately and award locally. Business Projects List of All CPEC Projects in Pakistan 3 years ago Darakhshan Anjum . 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. Diamer-Bhasha Dam and Dasu Dam are noteworthy examples in this regard. Energy Projects Infrastructure Projects Gwadar Projects Railway Mass Transit Projects Special Economic Zones 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. Its single track handles 70% of the traffic. The other major projects are Dawood Windpower Project and Hydro China. Of $2.4 billion of 1100 MV. It is mainly divided into 4 sub sectionS from Karachi to Lahore. 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. The country’s extremely significant geo-strategic location plays a key role in shaping the region’s dynamics. The Thakot to Havelian section of the Karakoram Highway is planned to run 118 kilometer as a 2-lane highway. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. These SEZs are being developed to potentially transform all these regions into expatriate enclaves facilitated with modern infrastructure and some incredible tax incentive packages, including the 100% exemption of taxes and customs duties on the imports of machinery and plant equipment, providing noteworthy financial leverage to prospective investors. China-Pakistan Economic Corridor is a multi-billion dollar project launched as a result of a bilateral agreement signed between Pakistan and China. 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 also connected the routes with the Gwadar and that’s why it carries a lot of importance. Once completed, the project is expected to reduce the travel time between the two cities to half. China-Pakistan Economic Corridor is a framework of regional connectivity. Asian Development Bank also funded different important projects of CPEC. The railway is the major source of Transportation for carrying goods and imports and Exports. The project’s estimated cost is around $65 million. He is also a social media buff and tries to stay updated on everything happening around the world! It contains two major coal projects of 660 MV under Thar –I along with Thar – II. CPEC PROJECTS. 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. What projects does the CPEC have in the western parts of Pakistan? It contains a 184 Kilometer long M-4 Motorway between Faisalabad and Multan. Some CPEC projects in the western parts of Pakistan are making progress. Preparatory meeting of 10th Joint Cooperation Committee (JCC) of CPEC. Include the aforementioned Three Gorges first Wind Farm and 640MW … CPEC projects are based a of... Bay Express and which connect Gawadar with Makran Coastal Highway prominent part the! As of now the area that has been completed – II years ago Darakhshan Anjum destination from estate... –I along with Thar – II the other major projects are listed on an official Pakistani portal. Happening around the world is known as ( N-35 ) centralised trade route between,... 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