CPEC Chinese Language with reference to the current era
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The China-Pakistan Economic Corridor (CPEC) is a vital infrastructure project aimed at enhancing energy production, transportation networks, and economic collaboration between Pakistan and China, with an investment of $46 billion. It includes major energy and infrastructure projects, such as power plants and highways, and is expected to provide significant benefits like job creation, economic growth, and reduced energy crises. However, it also has drawbacks, such as risks of local market disruption and security concerns.
CPEC Chinese Language with reference to the current era
- 3. China-Pakistan Economic Corridor Created By: Muhammad Yousaf Royal Institute of Management Sciences, Sahiwal Campus. Importance of Chinese Language with reference to CPEC
- 4. Outline Introduction Why CPECis needed? a) b) c) d) e) a) b) c) ForPakistan Removalof EnergyCrisis Infrastructure development Economic development Balanced in southAsia Tocashcomparative Advantage ofNature. ForChina Extension of volume of Tradewith Arab countries / Global trade Shorter lead times than earlier EqualDevelopment all in China
- 5. Outline History of Gwadar Historical perspective Why CPECis created? a) JobOpportunities: TotalArea and Costincluded a) RoutesAhead For Pakistan b) Cost Included
- 6. Outline AdvantagesDisadvantages and Benefitsof CPECto Pakistan and China a) b) c) d) e) f) a) b) c) d) Advantages Overcoming Energy crises Infrastructure development Economic Development Removal of poverty Peace and prosperity in Provinces Advantages to China: Disadvantages: Indian aggression: Opposition from Baluchistan Nationalists: Concerns by Gwadar Residents Security concerns ( cost on security)
- 7. Introduction WHATIS CPEC? May 2013 by china President 3000 KMNetwork Of Road, Rail, Pipeline and OpticalFibers. Linking kashgar northwest china’s Xinxiang Uyghur autonomous region and southwest Pakistan’s gwadarport. Transport infrastructure Gwadar Port
- 8. Introduction Energy Projects Industrial Corporations ChinaIsProviding $45.6 Billion $11.8 For Infrastructure $33.8 Billion For PowerProjects Majority Of Projects Will Completed At The End of 2017
- 10. Road Map ofCPEC
- 11. Why CPECisneeded? IN PAKISTAN Major project Power Projects Transport infrastructure Railway Projects Gawadar Projects
- 12. Major Projects Energy ($33.8 billion) Infrastructure ($11.8 billion) Communication ($44 Million) Cotton biotech research
- 13. Power Projects
- 15. Zonergy Solar PowerPlant LocatedAt Bhawalpur World Largestsolar PowerPlant $1.5 Billion Project 900 MV ProductionExpected Build In 3Phases CompleteAt Theend Of2016 ByZonergy Company
- 16. Suki Kinari Hydro PowerPlant
- 17. Suki Kinari Hydro PowerPlant It is inKPK 870 MW Produce Started In 2014 EndIn 2020
- 19. Karot hydro Powerplant It is on Jhelumriver near to the Islamabad Produce 720 MW $1.65 Billion Project Complete in 2020 ByThree GoregesCorporation
- 20. Port Qasim Coal-Fired PowerPlant
- 21. Port Qasim Coal-Fired PowerPlant $2.085 Billion Project Complete ByTheEndOf 2017 Produce1320MW ByChinaResource Limited
- 22. Other CoalProject Proposed Coal Power Projects MW Estimated Coal Consumption Sahiwal, Huaneng Shandong 1,320 5,184,168 Muzafargarh 1,320 5,184,168 Thar Engro 660 2,592,084 Thar Other 1,320 5,184,168 Port Qasim 1,320 5,184,168 Gwadar 300 1,178,220 Total 6,240 24,506,976
- 24. Wind PowerProjects Thatta Project (100 MW) Hydro China Project (50 MW) Sachal Project (50 MW)
- 29. Karakorum Highway Realignment • Attabad Barrier Lake • $275 million Project • 24 KM Bypass • 5 KMWorth OfTunnels • 2 LargeBridges • 78 Small bridges
- 31. Gwadar-Ratodero Motorway • $238 Million Project • 4-Lanes Motorway • 892 kilometers Long • 556 kilometers have already been constructed
- 33. Railway Projects
- 35. Karachi–Peshawar main railwayline Over Haul and Reconstruction OfRail $3.65 billion Project train travel at up to 160 kilometers per hour First StagePeshawarto Multan SecondStageMultan to Hyderabad Third StageHyderabad to Karachi expected completion by December2019
- 36. Gwadar Projects
- 39. Gwadar International Airport $230 million Project On 3000 acres Connects Gwadar to Karachi, Turbat and Muscat Operational by December 2017
- 41. Gwadar City AndPort Gawadar Coal Power Project (360 million dollars) construction of breakwaters (130 million dollars) water treatment plant (114 million dollars) state-of-the-art hospital (100 million dollars) Free Economic Zones (35 million dollars) technical and vocational institute (10 million dollars)
- 43. Benefits for China inCPEC It would decrease the travel distance and travel cost greatly from China to Gulf states Independent path from Indian and USA’s interference It would decrease their labour cost New business market in another country
- 45. HISTORYOFPAKCHINARELATIONS Pakistan–China relations began in 1950. Strategic alliance was formed in 1972 and economic co-operation began in 1979. China had invested $20 billion in various projects Mega infrastructural projects in Pakistan Gwadar Port, the Coastal-Highway linking Karachi with Gwadar, Karakoram Highway, the Chashma nuclear power plants, and a number of hydro-power projects.
- 46. PAK-CHINA ECONOMIC CORRIDOR Thekkh wasstarted in 1959 and wascompleted in 1979 (open to the public since1986) Length 1,300 km (Pakistan 887 km ) China413km It connects China's Xinjiang region with Pakistan's Gilgit–Baltistan and Khyber Pakhtunkhwaregions Major cities Hasanabdal,Abbottabad, Thakot, Chilas,Gilgit, Aliabad, Sust, Khunjerab Pass,Kashgar Theimportance of KarakoramHighway Chinesecompanies Tourismin Pakistan Transportations
- 47. Thekkh highly contribute economic activities of bothcountries export andimport
- 48. Economic Gateway Gwadar On 8 September 1958 prince Aga khan karim purchased the Gwadar enclave from Oman for $3 million, and gave it to Pakistan and it officially became part of Pakistan. Gwadar Port is located at the mouth of the Persian Gulf. Gwadar is aplanned free trade port. Gwadar Port is a strategic developed jointly by the both countries
- 49. Economic GatewayGwadar National Highway Authority (NHA) began construction of the 653 km-long Makran Coastal Highway linking Gwadar with Karachi In 2004, Pakistan's NHA began construction of the 820-km long M8 motorway linking Gwadar with Ratodero in Sindh province Turbat, Hoshab,Awaran andKhuzdar In 2007 Civil Aviation Authority of Pakistan acquired 6,000 acres (17-24 km2) to construct a new greenfield airport, at an estimated cost of Rs7.5billion.
- 50. GWADAR ECONOMIC ZONE GDA was established to promote industrial activities in mega port city of Gwadar China focused on the fast-track construction of roads, other infrastructure and public buildings In 2013, Gwadar Port operations were officially handed over to China, To connect china with Gwadar through railway track has already begun.
- 51. Total Area and Cost Length of the corridor: 3000km (Gwadar-Kashgar) Overall Construction costs: $46 billion (4.6 trillion PKR) Operational Time: 3 years (For many of the projects) No. of projects signed : A total of 51 MOUs signed Project Financiers: Chinese Government banks
- 52. TotalArea andCost Theroad network from Gwadar Port to Kashgarwillbe having 3 routes: 1. Western Route 2. Central Route 3. Eastern Route Thewestern route i.e Gwadar to D.I.K.and Peshawaristhe shortest route and willbe completed first by 2016 D.I. Khanalready linked with Peshawarwill be furtherlinked with Gwadar through Quetta to complete Route 1
- 55. TotalCoast Pakistan’s current Foreign reserves: $ 17.7 billion CPEC’s investment agreement: $46 billion Energy: $33.8 billion Infrastructure: $11.8 billion Communication: $44 Million Energy ($33.8 billion) Infrastructure ($11.8 billion) Communication ($44 Million)
- 56. Advantages Disadvantages and Benefits of CPECto Pakistan andChina
- 57. Advantages 1.43 trillion, including an Rs.282.32billionforeign assistance while atotal of Rs.179.85billion has been spent till June30,2016. 129.858 billion for 38 projects in the current fiscal year. 500 million for financial year2016-17
- 58. Advantages Canbenefit new emerging regional cooperation Savetime, cost and freight charges Facilitate trade, have Economic Zone en-route and will allow reaping of full benefits of development, economic and social uplift
- 59. Advantages Increase the economic collaboration between bothcountries by connecting western china to Gwadar Regional stability in Asiaawa in wholeworld Pakistan economy will Boost
- 60. Advantages Pakistan can avail great opportunities from chine’s expert in various sectors like energy, Technology and Educationsector Create new employment opportunities Pakistan and china both collectively target the half of the population of the world, it will provide great opportunity for both countries to expend theirmarket
- 61. Disadvantages FTAleads to threat for local markets and localmanufacturers Disturb of localindustries Difficult tocompete china’s product in market Increase the ratio ofunemployment Dependent to China