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Showing posts from March 19, 2018

CPEC and its critics By  Shahid Javed Burki Published: March 19, 2018 PHOTO: AFP The China-Pakistan Economic Corridor (CPEC) is the main focus of the 10 th  annual report issued by the Lahore-based Burki Institute of Public Policy. The programme is still not fully formed; it will develop as its implementation proceeds. Economists call this way of developing a programme, ‘learning by doing’. The only other foreign-funded programme of approximately this size implemented by Pakistan was the Indus Waters Replacement Works. In current dollar terms, it was as large as CPEC but its overall aim was more limited. It was designed to replace the water from the Indus River System that India was allowed to use for its own development. CPEC has come to Pakistan not that well formed. It will develop over time in a situation that will be highly dynamic. To realise its full potential, the large CPEC programme must have the support of the entire citizenry. W

CPEC to make Pakistan industrial hub of South Asia: Ahsan Islamabad Minister for Planning and Development Ahsan Iqbal has said Pakistan would become an industrial hub of South Asia after the completion of China-Pakistan Economic Corridor (CPEC) as it would play an important role in the regional economic growth through connectivity by the CPEC. Talking to PTV, he said the CPEC would bring mega improvement in social infrastructure, energy, industrial cooperation, agriculture and many other sectors, besides creating millions of job opportunities for the youth of the country. The minister said in 2013 when the Pakistan Muslim League-Nawaz (PML-N) came in to power, the country was facing many challenges, including terrorism, energy shortfall, and deteriorating law and order situation. The government with its effective policies, reduced terrorist acts, overcame energy shortage and improved the law and order situation. He said some 11,500 mega watt electricity was

China Building First 'Polar Silk Road' Cruise Ship By Mei Manuel March 19, 2018 05:03 AM On Saturday, state news agency Xinhua reported that China is now building the country's first polar expedition cruise ship as part of its efforts to expand its shipping lanes to undiscovered areas opened by global warming and under the Belt and Road initiative in the Arctic region. According to Xinhua, the 104.4 meter vessel will be equipped with the latest electric propulsion and control system that would permit it to travel through sea ice. It is also expected to be finished by August 2019. The "Polar Silk Road" initiative was first introduced in a policy white paper in January. Under the initiative, companies are encouraged to build the necessary infrastructure and conduct voyages in these new routes to create the "Polar Silk Road." President Xi Jinping introduced the Belt and Road initative as a means to improve connections between China and Europe, as well as the Middle

Five terrorists arrested, six others surrender in Balochistan: ISPR National13 HOURS AGO BY INP  Share this on WhatsApp RAWALPINDI:  Five terrorists were arrested while six surrendered to security forces on Sunday, according to an Inter-Services Public Relations (ISPR) statement. Security personnel recovered arms and ammunition from the nabbed terrorists, including mines, improvised explosive devices, detonators, submachine guns, and communication equipment during intelligence-based operations (IBOs) in various districts of Balochistan. The ISPR said that the security forces conducted IBOs in Quetta, Uch, Dera Bugti, Loralai, Pishin, and Sibbi areas of Balochistan