timepass
Brigadier
New 250 MVA Transformers on way to Pakistan Grid stations from Port on multi axle 96 wheeler by PKG International.
China's overland Silk Road and Maritime Silk Road Thread
- Thread starter SampanViking
- Start date
New 250 MVA Transformers on way to Pakistan Grid stations from Port on multi axle 96 wheeler by PKG International.
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Brigadier
: Construction work of 296 km - Motorway (M-6) is likely to start before June with cost 160 Billion Rs.All the segments of 1650 Km - Motorway have either been completed or under construction except M-6.
The motorway project starting from Sukkur will touch , , , Mitiari, Hala and and terminate at Hyderabad.The 296 km long project will be a 6-lane motorway with a design speed of 120 km/hour, 89 bridges, 11 interchanges and 243 underpasses.
Blackstone
Brigadier
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Brigadier
Kindly review below statistics... plus majority of projects are going to complete within next couple of years. while OTOH > 20 thousand direct jobs being created.
Due to CPEC, the economy will grow by 5%....
Moody's analyst for Pakistan William Foster said the IMF program after Pakistan's economy is strong, reduction in fiscal deficit, increasing foreign exchange reserves and the reform process energy and transport of wind, the pack to complete Pakistan's economy in the next two years due to increased investment in the sector being met by the infrastructure investment needs, the pack will grow by 5%.
The burden of debt on Pakistan is increasing the overall debt burden has reached 67 percent of GDP, according to Moody's standard should be limited to 50%.
According to the report, Pakistan ranked at 24 in 2016 and its GDP-PPP was close to $988 billion. By 2030, the GDP-PPP will reach $1,868 billion.
By 2050, the GDP-PPP is expected to exceed $4,236 billion, the report stated.
The professional services firm in its report said that Pakistan’s yearly GDP growth till 2050 would average 4.4 percent and per capita growth is expected to be at 2.9 percent.
The number of jobs created will be even bigger later when roads, power plants and factories are done. Today, the bulk of jobs for locals are construction, later it will be manufacturers. Pakistan (and other connected) has the opportunities to be a mini-China in the near future, experiencing industrialization like China, South Korea, the Asian Tigers and Japan in the past. The future is bright.
The more stake holders the firmer the success of CPEC is guaranteed.
timepass
Brigadier
The list is long (> 52 countries) my friend.....Russia/Iran/ECO countries/CIS countries & even UK as well....
Blackstone
Brigadier
If we accept Moody's projection of 5% GDP growth in 2017, one must ask why it's only 5%? India's projected growth is over 7%, so what's different about Pakistan, besides spending much more on defense, relative to GDP? Should Pakistan cut back on defense and shift it to economic development?
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Brigadier
50 MW Metro Wind Power Project, , -