Skip to main content

CPEC dominates transport sector

The ‘transport and communication’ (T&C) sector remained heavily influenced by projects related to China Pakistan Economic Corridor (CPEC) during the outgoing fiscal year with focus not only on building roads and improving the rail network but also on establishing new communication lines.

Kalbe AliUpdated April 27, 2018

ISLAMABAD: The ‘transport and communication’ (T&C) sector remained heavily influenced by projects related to China Pakistan Economic Corridor (CPEC) during the outgoing fiscal year with focus not only on building roads and improving the rail network but also on establishing new communication lines.

Amongst the new initiatives in the sector includes the implementation of 820km-long cross-border fibre optic project (Khunjerab-Rawalpindi) whose completion is expected in August 2018.

Transport and communication sector has been considered as a driving force for overall economic and social development of the country in the Economic Survey 2017-18.

The survey stated that CPEC is also going to build up an efficient transport and communication system which will not only have a positive influence on mobility of products, trade stimulation, extension of markets, increase in employment, but will also support spread of education as well increase social welfare and help in stability of prices.

Through CPEC, Pakistan is harnessing its geo-strategic location into a geo-economic advantage.

“It is a massive bilateral programme to improve soft as well as hard infrastructure within Pakistan for better trade with China and transform the country’s economy through modernisation of transport and energy,” the survey added.

In addition to the road projects, the two countries have agreed to establish a dry port at Havelian in Hazara district of Khyber Pakhtunkhwa.

Besides rail and road, CPEC focuses on urban development with projects like Greater Peshawar Region Mass Transit, Karachi Circular Railway, Orange Line Lahore and Quetta Mass Transit.

It has been highlighted that National Highway Authority has a network of 39 national highways, motorways, expressway and strategic roads, with a network of 12,131 km.

Amongst other initiatives in this sector, revitalisation of railways holds a top priority. During July-December 2017-18, gross earnings of railways improved by 26.7 per cent, number of passengers carried by 4.7pc, freight handled by 55.8pc over the corresponding period of last year.

The survey notes that the revenues from telecom sector reached Rs235.5 billion during the first two quarters of the outgoing fiscal year. Telecom operators have invested a noteworthy amount of $322.9 million during this period.

During the first two quarters of FY18, the sector contributed Rs78.62bn to the national exchequer in terms of taxes, regulatory fees, initial and annual license fees, activation tax and other charges.

In July-December FY18, Pakistan National Shipping Corporation earned profit before tax of Rs902m while Karachi Port Trust showed an increase of 5.1pc in goods handling with the breakup of export and import growth at 14.9pc and 1.6pc, respectively.

Meanwhile, Port Qasim handled a total volume of 21.36m tonnes during the first half of 2017-18, higher by 24.5pc over same period of last year.

Published in Dawn, April 27th, 2018


Popular posts from this blog

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 …

The Rise of 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…

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…