China - Pakistan Economic Corridor - CPEC

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Girder Launching in Progress At RD K580+982 Section 4 Zahir Pir ....

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Exports are expected to grow by 11.6 percent in FY 2018-19 as a result of CPEC.

The government expects growth in industrial sector in the next fiscal year due to better supply of energy and planned investment under China-Pakistan Economic Corridor (CPEC).

According to working paper presented in the Annual Plan Coordination Committee (APCC) meeting, which is also available with Business Recorder, in view of steady growth rate during the current fiscal year, the industrial sector is expected to grow by 7.6 percent during 2018-19 on the back of better energy supply and planned investment under CPEC.

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targeting
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’s growing international trade and
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...


UPS, the international global logistic company is entering into a partnership with local logistics and shipping titan TCS, as it eyes Pakistan’s growing international trade and China-Pakistan Economic Corridor (CPEC) for opportunities.

This partnership with TCS is intended to assist in reducing the cutting time and cost of shipments into and out of Pakistan reported Dawn.

President UPS, Indian Subcontinent, Middle East and Africa (ISMEA) region, Mr. Jean-Francois Condamine was on a visit to Lahore recently to open the country’s second ‘Gateway’.

Mr. Francois said the country’s market is very rich and it provided a plethora of opportunities to develop business in Pakistan.

Regarding the ‘Gateway’, the UPS ISMEA President stated it is a place where the company would handle all the company’s volumes coming in and going out of the country.

He added this would provide a way to enhance shipment for exporters. Mr. Francois shared business-to-business (B2B) ventures were growing in stride around the world and Pakistan’s dealings with rest of the world had shown glimpses of the coming of digitization and business-to-consumer trends.

Also, the UPS ISMEA president said the company’s partnership with TCS was commercial and both had worked together for the last 2.5 years.

Mr. Francois shared UPS’s partnership with TCS was very natural since the latter had a 65 percent market share in Pakistan and the former was a global behemoth in the logistics space with a presence in over 220 countries.

While talking about CPEC, Mr. Francois highlighted UPS had a presence in all those countries where the corridor project is connecting.

He said CPEC was an extension of seaports connecting continents, which was very significant for UPS too.

The UPS ISMEA president stated this corridor was about the connecting of geographical blocs which includes China, Europe, Middle East and East Africa and offers a major opportunity for the company.

Mr. Francois said the company had a presence in China and was in Pakistan now to take advantage of any opportunity which comes UPS’s way.

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: Pakistan,longest 892 Km Ratodero Gwadar Motorway...

M-8 completed.Local transport on way from Khuzdar, Balochistan to Larkana, Sindh. It reduced from 900 km to 292 km between Balochistan and Sindh. It will be converted 4 lanes as traffic volume increase.

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- Western Route: 285 Km
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under construction. Interchanges name & Location of 3 Service Areas. Schedule date for completion 5 sections Aug 2018-May 2019. It will be directly link with
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&
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.

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GE Renewable Energy and Hawa Energy (Pvt.) Ltd. have inaugurated a 50 MW wind farm in Pakistan.

16 Wind Power projects with working capacity of 800 MW have been working in Sindh where as 25 projects with cumulative capacity of around 1300 MW are in various stages of implementation.Pakistan will produce 2,050 MW wind power in 2019 in Sindh.

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4th 1263 MW LNG Punjab Power Plant in Jhang under construction. Siemens H- Class Gas Turbine 1,2 arrived at project site.

First time being commissioned in Pakistan.The Bhikki, Balluki and Haveli Bahadur Shah’s 3600 megawatt gas-based power plants are under constructing /generating electricity and 1320 megawatt Sahiwal Coal Power Plant is fully functional.....
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Some pics from
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JW Auto parks assembly plant near
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, they're expected to start proper production in May as harvest season brings high demand for such vehicles. Atm initial imported cbu's are being sold in the market

Imported units of Foton Hi roof van and ute, these will be produced locally after testing the market. The van and double cabin ute are priced at 27 lacs.

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