Skip to main content

Efficient and empowered authority urged for CPEC

ISLAMABAD: Experts at a webinar on Saturday feared that the China-Pakistan Economic Corridor (CPEC) might become a debt trap if the authorities did not efficiently actualise the targets of the game-changer initiative.

Institutions, experts and the public at large are still unclear about the scope and targets of CPEC where the Pakistan government has committed billions of dollars to pool in on high rates of interest.

They said a fact-based narrative building is very important while the enemies and unwise friends are spreading rumours for their own vested interests and to malign the CPEC initiatives. A one-window operation shall be the backbone of the agricultural and industrial phase of CPEC which should be handled by the relevant and expert human resource.

Development Communications Network (Devcom-Pakistan) organised the webinar. The panel of experts included Adviser to President National Defence University (NDU) and former ambassador retired Gen Raza Mohammad, who is a PhD on CPEC, former project director CPEC with the Planning Commission of Pakistan and presently CEO KP Board of Investment Hasan Daud Butt, NASCOM Director and former executive director CPEC Centre of Excellence, Pakistan Institute of Development Economics (PIDE) Dr Shahid Rasheed, Director CPEC Study Centre SDPI Shakeel Ramay, development experts Dr Zahoor Bazai (Quetta) and Dr Khushboo Ejaz (Lahore), and executive director Devcom-Pakistan Munir Ahmed.

General Mohammad said CPEC was a ray of hope for the economic prosperity of Pakistan.

“We need to make the CPEC projects more transparent and efficient if inspired to achieve the targets and harness the economic benefits. A rational narrative is imperative to wipe off the ambiguity and rumours by engaging parliamentarians and media counter-offensive campaigns,” he said.

Hassan Daud Butt said 22 projects had been completed so far despite an 18 months delay due to political disruption.

“The federal government need to revive the monthly meetings of the CPEC stakeholders and the periodic meetings of the seven joint working groups to improve efficiency. CPEC is indeed a game-changer but it could be a debt trap if not taken seriously and worked hard to achieve the targets of the project on time. The CPEC authority shall have more powers and authority to combat the challenges and bottlenecks,” he said.

Dr Shahid Rasheed said CPEC improved Pakistan’s GDP to 5.7 per cent in 2018 from 3.3pc in 2013, and also improved the security situation.

“Covid-19 and political instability has marred the performance of CPEC in recent years. But a reborn of CPEC would bring much better benefits to the nation. Parliamentarians of both sides shall work in harmony for an inclusive CPEC authority that is much needed in its new phase to invigorate agriculture and industrialisation around CPEC,” he said.

Shakeel Ramay said Pakistan needed to understand that it is one of the 139 countries that have signed the Belt and Road Initiative (BRI) and in case of sluggishness the investors would go to other parts of the BRI.

“Speed of work matters in the international development projects but we are lagging behind the schedule of development because of very casual behaviour. Unfortunately, the government could not project the economic benefits of CPEC. Rumours are in the air without any check. We need to have an empowered CPEC authority,” he said.

Munir Ahmed said only the strategic partners could understand the importance of the CPEC initiatives while politicians have no idea about the strategic and socioeconomic culmination of the project.

“Many have been projecting it as a debt trap. Every investment and loan has the capacity to become debt if not used efficiently. We need to develop the CPEC narrative according to its objectives and targets beyond the political scoring and vested interests of the individuals and the interests groups,” he said.

Dr Zahoor Bazai stressed the need to prioritise the engagement of locals in the projects and also ensure environmental integrity through adequate Environmental Impact Assessments (EIAs).

Published in Dawn, March 14th, 2021


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 yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please 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 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger ,  Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018  43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found  here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and