Posted on April 14, 2018 at 03:00 PM
CPEC project is one of the greatest achievement in the history of the neighbouring countries. CPEC is considered as the corridor of prosperity, development and peace having potentials for a promising future of Pakistan. Gwadar port is one of the deepest port and offers fully operational whole year. It has a transformational impact on Pakistan economic domain. This mega project is helping Pakistan to improve the energy requirements, infrastructure, workforce development and economic progress. Discussing the energy sector of Pakistan, there were 16 projects defined and prioritized under CPEC with the total capacity of 10,400 MW and 8 active projects. The year 2017 has witnessed the of 50 MW Dawood wind farm, Sachal wind farm and 2x660 MW Sahiwal coal power plant.
The year 2017 has witnessed the 70% completion of the two infrastructure projects; KKH phase II, Karachi-Lahore Motorway and railway line completed the feasibility report and started in 2018 for efficient fast transportation from Gwadar port to the other parts of the country. .
2018 will be a year of the boom, development and planning for the future of CPEC till 2030. It's because CPEC project would be entering a new phase, that will shift the completion of energy projects and road construction to industrialization and long-term financial arrangements between Pakistan and China.
Pakistan and China are currently working to upgrade and digitalize the railway network. The Main Line(ML-1), Karachi-Peshawar of worth $8.2 billion and Karachi Railway of $3.5 billion will be spent to upgrade the network.
Pakistan and China on the industrial side started work on the industrial side. Both countries make commercial agreements and started physical work on three special industrial and economic zones, so far implemented as Rashakai in Khyber Pakhtunkhwa, Dhabeji in Sindh and M-3 in Faisalabad, which will create the jobs, increase manufacturing and export growth.
One of the most awaited and prominent projects "Orange line Mass transit" expected to be complete in 2018 under CPEC, with the worth of $2 bn.
In the energy sector, one phase of Port Qasim coal-fired project is developed and inaugurated by PM Abbasi. It was developed by Sinohydro resource of China and Al- Mirqab capital of Qatar with the total capacity of 1320 MW. The estimated cost of Port Qasim project is about $ 2bn and will be fully operational in June 2018.
Sahiwal Coal Power plant (2x660) is initiated in Sahiwal,150 Km southwest of Lahore. This project is jointly invested by Shandong Ryui and Huaneng Shandong Power Generation. Its commercial date is September 2018.
Coal mining projects are delayed and none of the power projects in Thar will be available in 2018. the coal mine covers an area of 9000 Sq Kilometer with 175 billion tons of coal reserves. Its the largest coal and lignite mine in Pakistan and Asia and the seventh largest coal mine in the World. The first phase of operation of will achieves operation to date in 2019. Two wind projects of 50 MW in Sindh are scheduled to come into production by September 2018. China-Hub Coal Power Company (660x2) is scheduled to deliver one of the two 660 MW units energy in December 2018.
Quaid e Azam Solar Park in Punjab is under further development to add 400MW to the existing 300MW capacity to reach total 400MW electricity production.
Matiari-Lahore ±660kV HVDC Transmission project is under construction and it has the total capacity of 4000 MW with the total length of transmission line is 878 Km
PKM project starts from Karachi and then passes through the Lahore, the second largest city and ends at Peshawar. The PKM project is undertaken and being developed by China State Construction and Engineering Corporation. 22000 Pakistani labour is employed in this project. At Gwadar port, Eastbay Expressway project is expected to be completed before 2018 with the total worth of $150 million. In Gwadar, freshwater treatment facility of 5 million gallons per day is provided with the total worth of $130 million. 3.5 bn Karakoram highway phase 1 is also heading for completion in June 2018.
According to the agreement signed between COPHC And GPA, the development and operation of Gwadar port were handed over to China Overseas Port Holding Company. It is divided into four phases. it has 3 multifunctional berths and 5 STS.
Optical fibre project is an early harvested project under CPEC with the total amount of USD 44 million. This project is under construction through a tunnel in Gilgit-Baltistan.