China - Pakistan Economic Corridor - CPEC
- Thread starter timepass
- Start date
timepass
Brigadier
Under Construction - Motorway. Pictures of Section-I, .......
timepass
Brigadier
Orange Line Metro Train Lahore Underground Tunnel Water Proofing Work. Tunnel starting from and ending at Chowk....
- , - ...
timepass
Brigadier
GWADAR & ORMARA: Two natural deep water ports in Pakistan - separated by a distance of 233.66 km (145.19 miles) - Gwadar (left) and Ormara (right) both in Balochistan with similar hammerhead peninsulas. One civilian (Gwadar), the other military (Ormara)..
timepass
Brigadier
, the largest manufacturer of buses in the world, has launched new 8.5m Grand Saloon Buses for the emerging Pakistani market.
Motors Corp. Ltd. (MMCL) in collaboration with , the largest manufacturer of buses in the world, has launched new 8.5m Grand Saloon Buses for the emerging Pakistani market.
The assembling of this 8.5m bus has been started along with their standard 12 m model at the company’s state-of-the-art commercial automobiles assembling and manufacturing unit in Karachi in order to meet the increasing demand of Yutong buses in the Pakistani market.
Managing Director of MMCL Nadeem Malik on the occasion stated that MMCL has a vision to serve the transport industry of Pakistan with the highest quality products and after sales services.
“MMCL is the first company to start assembling Euro-3 buses in Pakistan and we already are the market leader in this segment with our 12m standard bus which is setting new benchmarks in the industry,” he added.
“This 8.5m bus model, in particular, will serve as a milestone towards our ambition of providing transporters with multipurpose quality vehicles,” said Nadeem.
General Manager Marketing & Sales of MMCL Faisal Meraj stated that this bus is one of its kinds in this size and comfort level and is specifically designed for inter-city short routes ranging between 100-500 kilometers. He added that the bus will also be suitable for luxury tourism routes for hilly and on-land areas, providing the luxury and comfort of large buses in smaller category.
It is worth mentioning here that MMCL is also an authorized assembler and dealer of world’s renowned brands like Mitsubishi Fuso, Foton Daimler, IVECO and Changan.
timepass
Brigadier
expands under One Belt One Road Projects
MULTI billion dollars China-Pakistan Economic Corridor (CPEC) project has become one of the fastest moving projects under the Belt and Road Initiative envisioned by Chinese President Xi Jinping. Of the 43 projects confirmed at the beginning of the corridor, twenty are under construction or have been completed. A senior research fellow with the Chongyang Institute for Financial Studies Zhou Rong told Global Times on Tuesday that another 157 projects in the Corridor will be gradually completed in the next twelve years.
Indeed, the mega project has not only improved road and communication infrastructure in Pakistan but has also generated thousands of new jobs. The inauguration and completion of more projects under the umbrella of CPEC will definitely create more job opportunities for Pakistani youth and take the economic growth further upward. Many opportunities are knocking at our doors and we can only exploit and take advantage of them provided our youth is also fully equipped with the right kind of education and technical training. For this, the new government will specifically have to focus on education in the field of science and technology as well as skill development in different technical fields in order to produce a workforce ready to accrue maximum benefit from the CPEC. The most important aspect of Pak-China relations is that these are deep rooted and changes at the regional and global level have not impacted it in any manner but further consolidated their bonds.
Chinese Foreign Ministry Spokesperson Geng Shuang at a briefing on Tuesday rightly pointed out that strategic partnership between Pakistan and China is based on resolve at state level and it would not be affected by any change of government in Pakistan. The spokesperson also expressed the confidence that the CPEC will continue to make progress steadily and stay immune from disruption from other factors. Surely, the CPEC and operationalization of strategic Gwadar port are of great importance for Pakistan to reap the benefits and we have no doubt in saying that which ever party forms the next government will give priority to the CPEC and work closely with China for early realisation of all the projects especially those relating to the establishment of special economic zones which in fact have the potential to trigger industrial revolution in the country.
timepass
Brigadier
- Pakistan’s Gadani ship-breaking yard is one of the world's largest ship breaking operations. The yard is located on a 10 km stretch of beach at Gadani, about 50 kilometres northwest of .
timepass
Brigadier
CPEC has had a positive impact on Pakistan's economic growth: Global Times
The China Pakistan Economic Corridor (CPEC) is turning into an economic reality fastly as out of 43 confirmed projects at the beginning of the corridor, 20 have been completed or under construction.
The multi-billion-dollar China Pakistan Economic Corridor (CPEC) has made again in headlines for completing most of the effective projects under the Belt and Road initiative. Zhou Rong, a senior research fellow with the Chongyang Institute for Financial Studies at the Renmin University of China told Global Times on 24th July that “Another 157 projects in the corridor will be gradually completed in the next 12 years.”
Rong added Pakistan’s economy has been growing tremendously under the Belt and Road initiative. The economic growth rate has risen to 5.97 percent last year as compared to 3.5 percent in 2013 making Pakistan on a top in Asia. Moreover, if CPEC projects advance smoothly, the economic growth rate can be beefed up to 9.0 percent.
Expressing satisfaction over the pace of the work and its quality, he said the CPEC has created around 60,000 jobs in Pakistan and by 2030 it is expected to create more 7,00,000 jobs in the country, helping millions of families economically.
Rong added that there are a large number of prisoners sent to Pakistan to work on the construction in order to save labor cost and meanwhile many Pakistani employees are have been sent to China under different funded-enterprises to get further study. He kept on adding that China has responded to rumors multiple times that CPEC will be following the old roadmap of British East India Company leading to the colonization of the country.
He denied the rumors by saying all Chinese engineers and technicians and employees are working in Pakistan with the consent of both governments. Furthermore, China has never sent a person with a criminal record to work in the corridor and has called back all Chinese people who have violated discipline in Pakistan. He told, China did not send any soldier to Pakistan, nor build any military base in the country.
In the end, he added that rapid completion of the projects and development of the corridor is not possible without the full support of the Pakistani government and army.
