China - Pakistan Economic Corridor - CPEC
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Brigadier
Power Project (Thar-ll) is a coal-fired power plant under construction in District, .
The project is being developed as part of the .The first phase of the project will yield 660 megawatts of electricity.The first phase is expected to be completed by early 2019.
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Brigadier
Pakistan's Gwadar Port Gains Economic Vitality after Launch of the Free Trade Zone under the China-Pakistan Economic Corridor: - .......
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Brigadier
Govt approves setting up new shipyard at ....
The government has approved a plan to set up a new shipyard at Gwadar with the capacity to build very large and ultra large crude carriers, sources told The Nation.
Sources in the Defence Ministry said the plan approved by the federal cabinet would be implemented within three to five years. The plan also includes dry docking facilities for repairing and maintenance of commercial ships including oil and gas tankers.
Navy especially the incumbent Chief of Naval Staff Admiral Zafar Mahmood Abbasi from the very outset has been strongly supporting plans to set up Gwadar shipyard.
Pakistan Navy was of the view that since technical know-how and basic industrial infrastructure to support research and development (R&D) is available in the country, it was about time to integrate and optimise these facilities to further strengthen the process of self reliance.
The government believes that the shipbuilding industry will provide a good avenue for generating employment and supporting economic growth in the country.
As per the initial framework unveiled in 2008, Gwadar shipyard would initially offer ship repair and maintenance services at two dry docks with the capacity to handle 600,000 DWT (deadweight tonnage).
It would eventually lead to shipbuilding with capacity of constructing up to VLCC and ULCC.
At present, the state-owned Karachi Shipyard and Engineering Works (KSEW) is the lone facility available in Pakistan for shipbuilding, maintenance and repair work.
But this facility is largely catering to the needs of Pakistan Navy whose responsibilities have increased to meet the defence needs of the country in the wake of multi-billion-dollar China-Pakistan Economic Corridor (CPEC) that connects the deep sea Gwadar port with China.
The government is also upgrading the facilities at the KSEW by enhancing its capacity by installing Syncrolift ship-lift-and-transfer system.
Nevertheless, this facility would remain dedicated to meet the future needs of Pakistan Navy.
Experts believe Gwadar shipyard would become a very viable commercial venture because of the lack of adequate shipbuilding facilities in the region.
Iran, which operates the largest commercial shipping fleet, has also developed basic know how, yet it will take a long time to become a viable shipbuilding nation.
None of the Gulf Arab countries have a proper shipbuilding facility except offering limited dry docking facilities including Arab Shipbuilding and Repair Yard (ASRY) in Bahrain and in the UAE.
Since these are very limited facility for repair and maintenance, most of the commercial ships move to Singapore for this service.
Analysts are of the view that Gwadar shipyard because of its close proximity to the Persian Gulf through which nearly 38 per cent of the world’s precious goods largely oil and gas are carried, could attract many commercial vessels looking for maintenance and repair works...
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Brigadier
The CPEC will create huge opportunities for economic growth, the World Bank!!!
A World Bank report states that CPEC will create huge opportunities for economic development, which will affect the impact of all sections of society.
According to the report, China has been widely exploited in the fields of roads, railways and ports under the CPEC economic Transit, which allows Pakistan to develop economic growth, poverty reduction, and achieve new benefits and new commercial routes. Helping provide relief to the affected population.
This report has jointly published by the Asian Development Bank, UK and Japan International Development Institutions and Islamic Banks, which has been analyzed to establish various economic rallies, including the China-Pak Economic Relations.
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Brigadier
: Work in progress on M-5 - Motorway. Thumbs up for these labors, engineers and management working on this project day and night.
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Brigadier
At : New export terminal will be built...
: A new export terminal of the Multan Dry Port has been notified by the Federal Board of Revenue (FBR) at Sadiqabad and its opening ceremony will be held soon after deployment of necessary staff.
Multan Dry Port Trust Chairman Khawaja Muhammad Faazil said the new terminal would facilitate traders and business community of parts of upper Punjab and the entire south Punjab including Kamalia, Bhai Pheru, Changa Manga, Pattoki, Renala Khurd, Okara, Sahiwal, Mianchannu, Khanewal, Tibba Sultanpur, Burewala, Basti Malook, Muzaffargarh, Layyah, Dera Ghazi Khan, Bahawalpur, Rahimyar Khan and Multan.
He said being nearer to the Economic Corridor () route and the motorway, the Sadiqabad export terminal would turn out to be a hub of trade activities. Containers would be sent to Karachi Port through the WeBoc (Web-based One Customs) system...
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Brigadier
1230MW CCPP Haveli Bahadur Shah, Jhang has successfully completed the Combined Cycle Reliability Run Test (RRT)...
The first unit of 760 MW is already operational. The second unit of the project is scheduled to go into operation by the end of April 2018.
