China - Pakistan Economic Corridor - CPEC

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Amazing
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high way & beautiful passu cones
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The initial estimation of the expenditure for the Mohmand Dam Hydropower Project is 938 million, which will help to store 1.293 million acres of water.

Officials of Water and Power Development Authority (WAPDA) has said that the purchase of land for Mohmand Dam will be started in August this year.

This project of water reservior will be constructed at 8000 kanal, which will help to protect Charsada, Nowshera and Peshawar districts from floods, besides to that will it will assist to irrigate 17,000 acres of agricultural area.

Apart from availability of water, 800 megawatts of affordable electricity will also be generated.

All possible measures are being taken to ensure the completion of the project so that the availability of water for irrigation and to ensure affordable power supply.

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China plans electric cars in Pakistan

HEFEI - JAC Motor, a Chinese state-owned automobile and commercial manufacturer based in Anhui province, is planning to introduce electric vehicles particular cars, its Deputy Chief Economic Manager David Zhang said.

Talking to APP, he said, “We are planning to introduce new energy vehicles particularly electric cars in the Pakistani market under a long term development programme in the future.”

Expressing confidence into the current economic situation in Pakistan, he said Pakistan’s economy is now gearing up and there is more improvement in development of infrastructure. He said the management of the company is thinking and aiming at the opportunity to expand its production line in Pakistan.

He pointed out that the cost of the electric cars has also decreased a lot and it has become an economically viable for the middle class, adding, “With more improvement in the economy and fundamental structure ready, we will have an opportunity to take our electric car into Pakistani market.” David Zhang informed that his company is already exporting its products especially the light and mini trucks to Pakistan and it has also set up a factory to manufacture these trucks locally.

“The performance of our products in the local market has been very good and we will expand our lines of production from medium to heavy duty trucks in near future,” he added.

He said both China and Pakistan have friendly relations and are also strategic partners and the businessmen of the two countries have a very good potential to work together. He opined that the Chinese investors could take advantage of good potential and incentives offered by government of Pakistan under the China Pakistan Economic Corridor, a flagship project of Belt and Road Initiative.

About the sales outside China, he said his company began the export of vehicles in 1990 to Bolivia and its products have subsequently been sold in over a hundred countries, adding light trucks are a popular exported product.

Some JAC exports are in the form of knock-down kits, which are assembled at overseas factories in countries including Egypt, Ethiopia, Vietnam, Mexico and Iran.

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CPEC East West Corridor: upgradation of N-70 National Highway (Multan-Qila Saifullah) at Girdu Hills near Fort Monroe in District Dera Ghazi Khan.

33 km hilly portion of the N-70's Rakhi Gaj-Khar-Bewata section will be widened and shorted through construction of 8 steel bridges. This will shorten the distance and travel time between Multan and Quetta..

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969 MW Neelum Jhelum power project’s Unit 2 operational ......2nd unit has generated up to 185 MW electricity on trial basis.

Overall completion of the project is scheduled by July 2018....It has injected about 90 million units of electricity to the system, which equals to a revenue of Rs1 billion..


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