Skip to main content

CPEC's results already coming in, says PM Abbasi at Davos

https://www.geo.tv/latest/178429-pm-abbasi-attends-session-on-belt-and-road-initiative-at-wef


By

Web Desk

Wednesday Jan 24, 2018

 

DAVOS: Prime Minister Shahid Khaqan Abbasi stated on Wednesday that the results of the China-Pakistan Economic Corridor (CPEC) have already started to come in. 

Speaking at a session titled 'The Belt and Road Impact' at the World Economic Forum (WEF) in Davos, Switzerland, Abbasi said CPEC is about developing infrastructure, power plants, airports, seaports, highways and special economic zones for export growth.

Sharing the results of the over $56 billion CPEC, Abbasi said the cement industry has grown by 56 per cent while exports are up by 15 per cent, adding that the project has resulted in the creation of "great investor confidence".

PM Abbasi reaches Davos to attend World Economic Forum

The prime minister also said that despite establishing coal plants under CPEC, the net effect on the environment will be positive through replacement of older, less efficient oil-based power plants.

"CPEC is much more than just creating infrastructure on ground," he added.

Talking about foreign investors in CPEC, the premier said there is a need to ensure that the projects are inclusive and open to all investors with the same level playing field that’s available to local players. 

"Pakistan can provide connectivity to most of land-locked Central Asia," he stated.  

The Belt and Road Initiative is a global infrastructure project of Chinese President Xi Jinping.

The session is being attended by Asian Infrastructure Investment Bank President Jin Liqun, Caixin Global Managing Director Li Xin, Russian Direct Investment Fund CEO Kirill Dmitriev, AECOM CEO and Chairman Michael Burke, Singapore Minister Chan Chun Sing and China National Machinery Industry Corp Chairman Ren Hongbin. 

During the session, AIIB president Li said they support lots of projects in Pakistan.

The other speakers also delved on the role of infrastructure projects vis-à-vis protecting the environment and also the need for political certainty for sustainable development. 

PM Abbasi among the other panellists. Photo: Weforum.org

Earlier, upon arrival at the Zurich airport, the premier was received by Pakistan's Ambassador in Switzerland Ahmad Naseem Warraich and senior government officials.

Abbasi will also participate in a number of important events and hold bilateral meetings with key world leaders, as well as chairpersons and CEOs of fifteen leading multinational organisations from the US, Europe, China, and Japan, according to the APP. 

He will interact with heads of states and governments in a special session of the Informal Group of World Economic Leaders (IGWEL).

Comments

Popular posts from this blog

The Rise of China-Europe Railways

https://www.csis.org/analysis/rise-china-europe-railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed.
Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area”
For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number”
Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell you …

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…