Skip to main content

Total Value of CPEC is $50 Billion not $62 Billion



  

Adnan Aamir
Quetta: The total value of projects of China-Pakistan Economic Corridor (CPEC) is $50 billion, revealed the answer of the federal government in the question hour in the National Assembly on 9th January.
Its commonly believed that the total value of CPEC projects is $62 billion but the response of the federal government made it clear that CPEC is valued at $50 billion approximately including the ML-1 Railways project.
According to the details shared by the National Assembly of Pakistan, 13 projects of CPEC worth $11 billion are completed and 13 projects worth $18 billion are under implementation. $21 billion projects are still in pipeline, read the detailed answer of Asad Umar Federal Minister for Planning and development a copy of which is available with Balochistan Voices.
Read Also: The Myth of CPEC’s Western Route
These details were shared by Asad Umar in response to questions asked by Members of the National Assembly from Balochistan Hashim Notezai and Munawara Baloch.
Infrastructure Projects in Balochistan
The answer of the federal government also shared details about 7 infrastructure projects of CPEC in Balochistan.
For Mughalkot to Zhob and Zhob to Kuchlak sections of N-50, a total of Rs143.31 billion has been approved but only Rs9 billion was allocated in 2019-20. Interestingly the federal government had termed the allocation as adequate.
The federal government claimed that PC-1 of the dualization of the Chaman to Khuzdar section of N-50 has not been prepared yet. This project is valued at Rs80.5 billion and the government will try to incorporate a portion of this into the western route of CPEC.
Sorab to Hoshab section of N-50 was improved at a cost of Rs22.41 billion and financed under federal PSDP. Likewise, Gwadar to Hoshab section of M8 has been completed and the remaining portion of M8 connecting Gwadar with Ratodero via Khuzdar is under construction.
In Gwadar, 46 percent work has been completed on Gwadar Eastbay expressway, which is being financed through a $179 million interest-free loan. New Gwadar International Airport, which will cost $230 million, is under construction with Chinese financial assistance.
Energy Projects in Balochistan
In Balochistan, only 2 out of 21 energy projects of CPEC are based in Balochistan. A 300 MW power plant in Gwadar is under construction. 2 X 660 Mw power plants of the HUBCO coal power project have already started working in Hub.
12 out of 21 projects of CPEC are based in Sindh and 4 of them are based in Punjab.

Comments

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 …

Guardians of the Belt and Road

Guardians of the Belt and RoadThe internationalization of China's private security companiesby Helena Legarda and Meia NouwensFollowing the build-up of infrastructure and investment projects along China’s extensive Belt and Road Initiative (BRI), private security companies from China are also increasingly going global – to protect Chinese assets and the growing number of Chinese nationals living and working in countries along the BRI, in sometimes unstable regions. Out of the 5,000 registered Chinese private security companies, 20 provide international services, employing 3,200 security personnel in countries like Iraq, Sudan and Pakistan.The impact of this newly developing Chinese activity abroad is analyzed in this MERICS China Monitor. Chinese private security companies’ international activities pose a challenge to European interests as they are often largely unregulated and their security staff are often inexperienced in dealing with serious conflict situations and combat. EU …

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…