KARACHI: Sindh Chief Minister Syed Murad Ali Shah has that the CPEC is not simply a road from China to Gwadar but it has a vast connectivity with other projects of One-belt-One road.
Addressing a seminar on `CPEC' organized by a Media House at a local Hotel the Chief Minister in a statement said that it will prove to be a game changer in true letter and spirit.
Governor Sindh Mohammad Zubair, MNA Dr Farooq Sattar, Consul General of China, representative of Sindh-Engro company and others were also present.
He said, "Its largest portfolio is energy sector which is bigger in terms of allocation of funds."
Murad said that China looks into future and plans accordingly. They have worked a 1000-year plan and the plan is known as `one belt-one road" and by which they have connected more than 64 countries physically, commercially and culturally. Talking about the benefits of CPEC, the chief minister said that China's sea trade dependency on the Strait of Malacca (Malaysia) would finish here as Pakistan would provide an alternative land route for Chinese trade.
The travel time would reduce between China (Xinjiang province) and Middle East, through Gwadar.
Giving the break-up of the allocations for different projects of CPEC, Syed Murad Ali Shah said that energy sector-Priority (10,400) MW has an allocation of $15.506 bn, Energy-Active (6,645) MW for $18.287 billion, Roads (832 km) $5.900 bn, Rail (1,736 km) $3.690 bn, Gwadar (sea, air, land links $0.662 bn, Transportation Orange Line $1.600 bn, Cross-border Optic Fibre System $0.044bn, DTMB Pilot $0.002 bn. The total comes to $45.651 bn.
He also disclosed that nine CPEC energy projects installed in Sindh. They are PQA electric Company Coal-fired 1320 MW, SECM coal mine Block-II Thar Coal Filed 7.6 mtpa, SSRL Thar Coal Block-1, 6.5 mpta & CPIH 1320 MW Power Plant, Thar.
The 50 MW Dawood wind farm Bambhoro, 100 MW UEP wind farm, Jhimpir, 50 MW Sunnec wind farm Jhimpir, Oracle Thar cola mine and power plant of 1320 MW.
Murad said that in December 2016 at Beijing the JCC had approved three important projects, Karachi Circular railways of $2.609 million, Keti Banadar Power Park, Transmission Line, Road, railway and Jetty for $5,000 million and Dhabeji Exclusive Economic Zone for which feasibility is underway.
These projects would change the face of Karachi but of the entire Sindh in terms of transport facilities and power generation. The Sindh Governor Moammad Zubair and Dr. Farooq Sattar also spoke on the occasion.
Comments
Comments are closed for this article.