Skip to main content

Saindak copper gold project: Federal govt likely to transfer project to Balochistan

Saindak Copper Gold Project

August 29, 2017

ISLAMABAD -  The federal government is likely to approve today (Tuesday) the transfer of Saindak Copper Gold Project (SCGP) to the Government of Balochistan, it was learnt on Monday.

The federal cabinet, which has been convened here today, will consider eight-point agenda, which also includes the transfer of SCGP to Government of Balochistan, sources told The Nation here.

The federal government has already shown its readiness to hand over the Saindak Project to the provincial government when the agreement with the Chinese company will expire in October this year.

The Government of Balochistan has been demanding for the past many years for the control of Saindak project.

Under the Aghaz-e-Huqooq-e-Balochistan (AHB) package, it was decided that Balochistan will receive 35 per cent of sales proceeds from the minerals extracted from Saindak mines, if it gains administrative control of the SML.

Under the current arrangement the proceeds from Saindak are split halfway between Pakistan and China; only five per cent is given to Balochistan. It was also decided under the AHB, that the SCGP may be transferred to Balochistan.

The other agenda items include amendments in the Rules of Business 1973. The summary is moved by the Cabinet Division regarding the division of business between the Water and Power Division.

Under the proposed amendment to the Rules of Business 1973, the government will bring Water and Power Development Authority (Wapda), the Indus River System Authority (Irsa) and the Indus Basin Treaty under the Water Resource Division.

Similarly, it has also been proposed that matters related to development of power resources of the country, electric utilities, liaison with international engineering organisations in power sector, federal agencies and institutions for promotions of special studies may be transferred to the Power Division.

The next agenda item is briefing on broadening the tax base 2013-2017 and onwards, the summary is moved by the Revenue Division. Similarly, amendments in the guidelines of Prime Minister’s Global SDGs achievement programme are also on the agenda of the meeting, the summary is moved by the Cabinet Division.

The exemption of two road projects, of Ministry of Kashmir Affairs and Gilgit-Baltistan, from applicability of Public Procurement Regulatory Authority Rules 2004 is also on the agenda of the meeting.

The meeting will also consider amendment in Rule 17(1) of Rules of Business 1973. The cabinet will also be briefed about the working of the National Security Division


Popular posts from this blog

Balochistan to establish first medical university

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

5 Shia Hazara community members gunned down in Pakistan

Five members of the minority Shia Hazara community, including two women, were killed on Sunday in an attack by unidentified gunmen in Pakistan’s restive Balochistan province.This is not the first time that members of the Hazara community have been targeted in Quetta and other parts of Balochistan.(Reuters File Photo)Updated: Sep 11, 2017 00:20 ISTBy Press Trust of India, Press Trust of India, KarachiFive members of the minority Shia Hazara community, including two women, were killed on Sunday in an attack by unidentified gunmen in Pakistan’s restive Balochistan province.The gunmen targeted a car in Kuchluck area of Quetta while it was coming from the Chaman border crossing area, police said.The firing took place when the travellers had stopped at a filling station to refuel their vehicle. Five people of the Shia Hazara community, including two women, died in …

China’s '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…