The implementation of China-Pakistan Economic Corridor (CPEC) has provided benefit to all aspects of Pakistan’s economy. According to the official documents, more than 10 thousand employment opportunities have been provided to the local community by CPEC.
CPEC has provided $250 million in taxes and contributed 14.5 percent of the total electricity output in NTDC system so far. Power generation of CPEC projects reached 17.728 billion kWh, 14.5 percent of the total output in the NTDC system, which could supply over 33 million people on per capital power use basis.
According to statistics, CPEC projects as of the fiscal year of 2018-2019 have paid about 250 million USD in taxes during the construction period.
The Chinese companies are committed to localization of content, including transfer of technology, indigenization, development of local resources and capabilities and have created a significant number of jobs in this process.
As of now 12 power generation projects have either started construction or been in commercial operation already, with a total installed capacity of 7240 MW and a total investment of about $12.4 billion.
