Skip to main content

Govt satisfied with speed of CPEC implementation

http://nation.com.pk/business/30-Jun-2017/govt-satisfied-with-speed-of-cpec-implementation

BEIJING - Minister for Planning, Development and Reforms Ahsan Iqbal has said that Pakistan is smoothly implementing the China Pakistan Economic Corridor (CPEC) and we are very satisfied with the speed of the implementation.

“China has promised $57 billion in investment in projects along CPEC, part of the Belt and Road Initiative proposed by Chinese President Xi Jinping in 2013 which aims to link China with the Middle East and Europe,” he said in an interview on the sidelines of the World Economic Forum in Dalian, China. He said, “In addition to the investment pledges from China, Pakistan would invest close to $10 billion. The economic corridor, to be completed in three phases by 2030, will boost Pakistan’s energy security and infrastructure, helping it to attract more foreign investment.”

Ahsan Iqbal said, “There are some challenges to be addressed, including on coordination among different government ministries and among internal and external stakeholders.”

“There are actually many gaps that we have to correctly address. First and foremost is the coordination gap,” he added.

“Pakistan and China aim to build a network of rail, road and energy infrastructure as part of the Belt and Road initiative,” he said.

“Pakistan has been one of the most enthusiastic supporters of the initiative, in part because many projects are for power plants to alleviate its energy shortage,” he said.

Gwadar Airport construction to commence in Sept

GWADAR: Construction work on Gwadar International Airport is likely to be started by the end of September this year after approval of grant by the Chinese government.

The project will be completed within three years and will cost $230 million, Radio Pakistan reported quoting official sources.

The Chinese government has agreed to provide funds for the construction of the airport and had approved a grant in this regard during Prime Minister Nawaz Sharif's recent visit to China.

Officials said that China Pakistan Economic Corridor will turn Gwadar into a regional economic hub and, in preparation for this, special emphasis is being given for the development of New Gwadar International Airport.

The construction of international standard airport at Gwadar is aimed at facilitating the movement of international investors and visitors. Around 4,300 acres of land 26 kilometers northeast of the existing airport has already been acquired

Comments

Popular posts from this blog

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

China’s 'Digital Silk Road': Pitfalls Among High Hopes

https://thediplomat.com/2017/11/chinas-digital-silk-road-pitfalls-among-high-hopes/


Will information and communication technologies help China realize its Digital Silk Road?By Wenyuan WuNovember 03, 2017In his speech at the opening ceremony of China’s 19th Party Congress, President Xi Jinping depicted China as a model of scientific and harmonious development for developing nations. Xi’s China wants to engage the world through commerce but also through environmental protection and technological advancement. This includes Beijing’s efforts to fight climate change with information and communication technologies (ICTs) that it plans to export along its “One Belt One Road” initiative (OBOR). Xi may have ambitious plans, but could China be throwing up obstacles in its own way?In his speech, the Chinese president emphasized the need to modernize the country’s environmental protections. The Chinese state is taking an “ecological civilization” approach to development and diplomacy, with a natio…