A look at Projects under CPEC framework

Engineering Post Report

The second phase of great game changer China-Pakistan Economic Corridor (CPEC)  is already well underway  with an increased emphasis on industrialization  and the development of Special Economic Zones (SEZs), agriculture modernization , science and technology cooperation, promotion of Information and Communication Technology (ICT) enabled environments and the establishment of Information Technology (IT) and High Technology Zones and socio-economic developments in all regions and areas of the  country.

The overall goal as such remains to reap  the benefits of the first phase of the CPEC 2015-20 investment which has created an enabling  environment  for investment in  other sectors by mostly filling             the existing  infrastructure and energy gaps..

The 10th Joint Cooperation Committee (JCC) of time-tested neighbouring countries and iron brothers China and Pakistan has several deliverables  that have since been identified by all the stakeholders.

As regards connectivity, on the Western alignment, Zhob-Quetta section is under-construction  whereas the Dera Ismail Khan -Zhob  section is  at the appropriate level of discussion  with the Chinese side for financing and is  expected to be launched during new financial year 2022-23. G2G Joint Working  Group on Transport Infrastructure  has been duly notified to prepare proposals  of Realignment of Thakot-Raikot Section during 2022-23..

The construction work on New Gwadar International Airport is already underway and most likely to achieve CoD by October 2023..

The new projects proposed for inclusion in  the CPEC framework  in  the near future include  Dera Ismail Khan-Peshawar Motorway (365 km), Swat  Expressway Phase 11 (82 km) and Dir Expressway ( 26 km).

Six  energy sector projects  with total installed capacity of around 3284 MW are currently under construction out of which 720 MW Karot Hydropower and 330 MW Thar Energy Limited have reached the final stages and completed about now.

The 330 MW Thal NOva, 320 MW Thar Block -1 and 884 MW Sukkur Kinari  HPP are expected to be completed  during current financial year 2022-23 while  work on 1124 MW  Kohala, 700.7 MW Azad Pattan HPP and 300 Gwadar Coal Power is also expected to commence during 2022-23.

Furthermore, quit significant progress has been  made on  utility provision under the industrial cooperation during  2021-22 on which work is to be continued during 2022-23. 

Investment plans for attracting the prospective investors, particularly  the Chinese ,  have also been floated. The initial response in this regard  from international investors including from China, US, Canada , UK and Germany has been termed as quite encouraging by the official quarters concerned.

Meanwhile, Joint Industrial Diagnostic Studies, on the pattern of Textile Diagnostic Studies carried out in 2020-21, are also planned  with a view to identify  impediments in other sectors  of mutual interest .

Both sides of China and Pakistan have since agreed in the 6th Joint Working Group meeting  in April 2022 to form a sub-working group  on Industrial Cooperation  to promote the Mines and Mineral sector  pf Pakistan..

Additionally,  Chashma Right Bank Canal (CRBC)  and Karachi Port Trust are also finalizing  the Investment Framework Agreement for Karachi Coastal Comprehensive Development Zone, as per available information.