China - Pakistan Economic Corridor - CPEC

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ahho

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Mayor of
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, Sheikh Anser Aziz has said that Metropolitan Corporation Islamabad (MCI) is working on a project to launch electric buses in the city to provide modern transport facilities to the population residing in the rural and urban areas of the Federal capital.

The Mayor Islamabad expressed these views while chairing a meeting here on Sunday. The meeting discussed different options and suggestions for ensuring better transport facilities in the city.

Sheikh Anser Aziz directed the concerned formation to work on electrically operated buses instead of diesel or petrol driven buses so that not only green character and natural beauty of the city could be protected but environmental pollution could also averted.

He said that population of Islamabad has been increased by two (02) million and in order to cater future transport requirements in the city, environment friendly and cost effective electric bus service would be launched.

The Mayor of Islamabad said that initially there is a proposal of constructing terminal for these buses at Rawat, Kashmir Highway, Tarramri Chowk, Golara Chowk, Pirwadahi and Bhara Kahu, however, more terminals would be also constructed as per need and requirement.

He said that under this project, it is being considered that these buses may be run on different routs including from Rawat to Faisal Mosque via Islamabad Expressway, from Bhara Kahu to Margalla Avenue via 7th Avenue, from Pirwadhai to IJP Metro Bus Station, from Nelor to Khanna Interchange, from Taramrri Chowk to Aabpara and from Golara Chowk to Kashmir Highway (Chaman Metro Bus Station).

Sheikh Anser Aziz said that cost estimation of the project and other formalities are being finalized and proposals of renowned firms are being evaluated so that residents of the city could be provided this facility at the earliest.

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I wonder if it is the same Chinese bus company that sold similar type of electric bus to Austria. No electric line and if I remember correctly,10-20KM per charge (less than 3 minutes) on a super capacitor. Pakistan is developing at a great time, newer and more comfortable public transportation (AIR CON) at a low price
 
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In process to restore peace in the region....Chief Minister Baluchistan welcomes former Farraris (rebels/Terrorists) to the main stream by distributing laptops among students of their families....

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Agriculture is one the seven areas of cooperation under the China-Pakistan Economic Corridor (CPEC) framework. China is specifically interested to explore areas like cotton productivity, efficient irrigation and post-harvest infrastructure along the CPEC route, a gateway for enhancing agriculture exports to China. Economic and political reforms are also necessary along with improvements in infrastructure for the expansion of agriculture sector. The government should consider removing tariff and non-tariff barriers for agricultural trade with China. The agricultural policy needs to be formulated to work in tandem with CPEC and support the rights of the local farmers.


CPEC and Agriculture
In a race to compete with the Global World Class City model, Pakistan has long forsaken any concrete development and attention to our stagnating agriculture sector, giving precedence to costly infrastructure projects and industrial regimes. With the imminent China Pakistan Economic Corridor (CPEC) project boasting revitalisation in all socio-economic aspects of the province and the country, it’s impact on the agriculture sector of the province and incumbent livelihoods has yet to be debated. However, concerns have been raised in the cabinet that agriculture has been completely ignored in the multi-billion-dollar CPEC.
Where the three phase project is prioritising improvement in the energy matrix and infrastructure in Pakistan; undertaking construction of the country’s biggest airport, improvement of roads and establishing a railway link, it has relegated agriculture to later phases of the project.

On paper however, agricultural development is one of the seven areas of cooperation under CPEC, wherein China is specifically interested to explore areas like cotton productivity, efficient irrigation and post-harvest infrastructure along the CPEC route, a gateway for enhancing agriculture exports to China. Where infrastructure can undoubtedly serve in allaying the bottlenecks in the agriculture sector, this progression requires economic and political reforms by the government and private sector. The government should consider removing tariff and non-tariff barriers for agricultural trade with China, renegotiating the Pak-China Free Trade Agreement for better returns on its agricultural exports. The private sector and agriculture entrepreneurs should explore viable market opportunities and partnerships in the Chinese market and with international firms. Most importantly, a modern agricultural policy needs to be formulated to work in tandem with CPEC and support the rights of the local farmers.

The state must ensure that this project does not go the way of every other development endeavor and limit itself to serving a burgeoning industrial sector. Pakistan has a predominantly agricultural economy, the rapid decline in the sector has forced Pakistan into importing a number of food commodities to fulfill its own consumption needs. Besides contributing to more than 70 percent of total export earnings, it employs almost half of the country’s labor force. Yet our weighted economic policies view the agriculture sector as an obsolete paradigm, bereft of the government’s growth oriented impetus and thus need to be amended.

CPEC has the potential to significantly help in ensuring inclusive development, especially targeting socio-economic development of less-developed areas of the country. In the interest of supporting and improving the standard of life in the province, to improve an ailing agriculture that has long suffered under state neglect, and ultimately to enhance our exports in face of a harrowing trade deficit, the potential of CPEC with regards to the agriculture sector has to be fully utilised.

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Ecuador Ambassador German Alejandro Ortega Almeida has suggested that Pakistan could achieve better access to South American markets by developing close cooperation with Ecuador.

“Ecuador wants to increase trade relations with Pakistan as both countries could do trade in many goods,” he said.

The envoy was speaking to members of the Islamabad Chamber of Commerce and Industry (ICCI) which he visited to exchange views with business community for enhancing bilateral trade and economic relations.
He, however, pointed out that lack of direct contact between private sectors of Ecuador and Pakistan was the main reason behind nominal trade between the two countries.

Both should focus on frequent exchange of trade delegations to explore new areas of mutual cooperation, he stressed and assured businessmen that Ecuador Embassy would fully cooperate with the ICCI in bringing private sector of both countries closer which was important to improve two-way trade.

In his welcome address, ICCI President Sheikh Amir Waheed said Pakistan considered Ecuador significant to its growing demand for opening up new avenues of cooperation and investment opportunities for businessmen.

He cited different sectors of Pakistan’s economy including infrastructure development, manufacturing, exploration of oil, gas and minerals, energy, construction, information technology, engineering and automobile that offered great investment opportunities while the government gave attractive incentives to foreign investors.

He emphasised that Ecuador’s investors should visit Pakistan to explore investment avenues in their areas of interest. Turning to the China-Pakistan Economic Corridor (CPEC), Waheed said the massive project had created many new opportunities for investment and joint ventures in Pakistan.

Moreover, nine Special Economic Zones will be established under CPEC and it is right time for Ecuador investors to focus on Pakistan for business opportunities.

He assured the envoy that the ICCI would like to work with the embassy of Ecuador for improving bilateral trade and economic relations.

ICCI Senior Vice President Muhammad Naveed Malik and Vice President Nisar Mirza said by developing close cooperation with Pakistan, Ecuador could gain better market access to South Asia, the Middle East and Central Asia. Focus on Pakistan would bring multiple benefits to its economy, they said.

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Work on the Mohmand Industrial Estate under China-Pakistan Economic Corridor (CPEC) has been expedited. The manager of Planning and Development FATA Development Authority, Ghous-ur-Rehman stated that the project cost would amount to more than seven billion rupees. The industrial estate would generate more than 18000 jobs.


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