China Pakistan Economic Corridor

One Window Facilitation Desk for Chinese Companies (CPEC) in Pakistan

Note Regarding Job Queries: You can share your CVs for cpec prospective jobs at hr@cpecplatform.com.  You can also fillin our online from on this link. http://cpecplatform.com/job-seekers/. Please DONOT CALL to get details for jobs. We don’t have job openings or job opportunities in hand. However, we are building a resource pool / data bank of CVs for any future prospective jobs in various projects including CPEC.

Companies, Vendors, Businesses wishing to become part of CPEC Platform can register with us by filling in the form available on below link.

http://cpecplatform.com/online-registration-form/

www.cpecplatform.comnew-flash1

Pak-China Industrial Corridor

www.cpecplatform.comnew-flash1

Background:

The China Pakistan Economic Corridor (Chinese: 中国-巴基斯坦经济走; Urdu: پاكستان-چین اقتصادی راہداری), (CPEC), is a collection of projects currently under construction at a cost of $46 billion, which is intended to rapidly expand and upgrade Pakistani infrastructure, as well as deepen and broaden economic links between Pakistan and the People’s Republic of China. The corridor is considered to be an extension of China’s ambitious proposed 21st century Silk Road initiative, and the importance of CPEC to China is reflected by its inclusion as part of China’s 13th five-year development plan.

Pakistani officials predict that the project will result in the creation of upwards of 700,000 direct jobs between 2015–2030, and add 2 to 2.5 percentage points to the country’s annual economic growth. Should all the planned projects be implemented, the value of those projects would be equal to all foreign direct investment in Pakistan since 1970, and would be equivalent to 17% of Pakistan’s 2015 gross domestic product.

Infrastructure projects under the aegis of CPEC will span the length and breadth of Pakistan, and will eventually link the Pakistani city of Gwadar in southwestern to China’s northwestern autonomous region of Xinjiang via a vast network of highways and railways. Proposed infrastructure projects are worth approximately $11 billion, and will be financed by heavily-subsidized concessionary loans that will be dispersed to the Government of Pakistan by the Exim Bank of China, China Development Bank, and the Industrial and Commercial Bank of China. (Ref. https://en.wikipedia.org/wiki/China%E2%80%93Pakistan_Economic_Corridor)

The role of Pakistan is unique in the development of the Silk Road Economic Belt and the Maritime Silk Road because both of these (the Belt and the Road) converge in Pakistan through the port of Gwadar so Pakistan’s geography and role acquire a broader significance in the shape of the new regionalism developing in the area of Asia where Pakistan is located with this regional cooperation driven by economy and energy and building of ports and pipelines and roads and railways, which will help in poverty alleviation, economic uplift of backward areas and stronger bonds between the neighbor countries.  More importantly, the CPEC is emerging today as a factor for unity of the Federation of Pakistan by uniting the people and provinces of Pakistan in the quest for a better tomorrow through peace, progress and prosperity. (Ref. http://www.na.gov.pk/cpec/?q=chairmans-message)

 One Window Facilitation Desk for Chinese Companies (CPEC) in Pakistan

www.cpecplatform.comnew-flash1

CPEC Introduction:

CPEC: To be built over the next several years, the 3,218 kilometre route will connect Kashgar in China’s western Xinjiang region to the port of Gwadar, Pakistan. Currently, nearly 80 per cent of China’s oil is transported by ship from the Strait of Malacca to Shanghai, a distance of more than 16,000 km, with the journey taking between two to three months. But once Gwadar begins operating, the distance would be reduced to less than 5,000 km.

 

CPEC Platform Secretariat

Ibn-e-Sina Road, G-11/3, Islamabad

PABX: +92(51) 222 9 005,

Fax: +92(51)222 9 320

Email. info@cpecplatform.com

Note: You can share your CVs for cpec prospective jobs at hr@cpecplatform.com. Please DONOT CALL to get details for jobs. We don’t have job openings or job opportunities in hand. However, we are building a resource pool / data bank of CVs for any future prospective jobs in various projects including CPEC.

One Window Facilitation Desk for Chinese Companies (CPEC) in Pakistan

CPEC RESOURCE BANK:

Below are links to some important documents and presentations on CPEC

  1.   China Pak Advisors – The Consortium Profile
  2.   CPEC :Hopes and Reality – A Study
  3.   A Presentation on CPEC by Safdar Sohail, Planning Commission
  4.   China Pakistan Economic Ccorridor:Current Developments
  5.   The Stakes-in-the-China Pakistan Economic Corridor-council-on-foreign-relations
  6.   China Pakistan Economic Corridor-shakeel-ahmad-ramay-161016

Articles on CPEC:

CPEC: It’s none of India’s business

Is the China-Pakistan Economic Corridor in any manner hurtful to the Indian economy, or does it threaten its security? The people in the world, including pro-India West, don’t think so. But that is not the case with Prime Minister Narendra Modi-led cabinet, which appears to be hell-bent on sabotaging this historic Pak-China enterprise – with whatever device India can lay its hands on. Within weeks of signing the project in Islamabad during Chinese President Xi Jinping’s visit there was this noticeable spike in the RAW-special ethnicity-based incidence of terrorism in Balochistan. Obviously, when the moment people learnt of the gruesome massacre of some 20 labourers from Sindh and Punjab near Gwadar they looked towards India. Then there was the Safoora Goth carnage, followed in quick succession by the killings of a busload of Pashtuns of Balochistan in Mastung, near Quetta and the people believed these were the handiwork of Indian intelligence agency RAW. Modi’s men even tried at removing ‘kanta with a kanta’, and in return earned resentment of the million-plus army’s leadership which believes if India is in one piece today it is because of them. In Pakistan, reaction to all this wasn’t what the Modi government had expected; it was just the opposite of it. The Pakistani political leadership across the board saw through the Modi game and clinched consensus on the need and viability of the mega CPEC project that so perfectly fits in the region’s emerging geopolitical realities. So if Indian foreign minister, Sushma Swaraj, is upset over the CPEC, as she demonstrated at a news conference in New Delhi on Sunday, it was expected – given failure to rupture nation-wide support in Pakistan for the economic corridor she seems to have been tasked to raise heckles against the corridor project at the diplomatic level. That CPEC is “unacceptable” to India, is India’s concern Narendra Modi conveyed to the Chinese leadership during his recent visit to Beijing. The Chinese reaction to the Modi brag was polite but firm; “relevant co-operation carried by China in the relevant region will not target any third party (read India) and will not effect China’s position on the relevant issue,” the Chinese Foreign Ministry spokesperson, Hua Chunying, told international media a day after Sushma Swaraj had expressed herself on the project.

Apparently, the Chinese leadership doesn’t take the belligerent posturing of Prime Minister Modi and his ministers towards regional countries seriously mainly, perhaps, because of the widely-held perception that they need these antics to compensate for all-round failure on the “ache din” (good days) agenda which won them power to rule India. When the CPEC was “unacceptable” to the Indian leader he had just finished signing up a $24 billion economic package with Chinese hosts. The fact is that the Chinese leaders understand why Narendra Modi has to be so much obsessed with India’s ancient past and his call to relive that era – as an option to his failed present. They take it lightly, and want to help India enter the modern age as a respectable nation. But to say the China-Pakistan Economic Corridor is unacceptable to India that does not cut any ice with Beijing. The Chinese take a decision after great deliberations, but once it is taken come rain or shine they stand by it. Yes, within India the Modi government finds no real resistance to its bid to rewrite history – of late in New Delhi the roads named after Muslim kings and saints have been replaced with heroes of Hindu history. But that is not possible out of India; Narendra Modi cannot rewrite history, nor can he impede the march of time. That the China-Pakistan Economic Corridor is for the progress and prosperity of the entire region is a fact that has been clearly explained by the Chinese side at the highest leadership level. Pakistan too has conveyed this to India in so many words. And, this India must realise that when it says the CPEC is “unacceptable” to it, not only does it expose its animosity against Pakistan, it also reflects on its hostility to China to which the said project is equally vital. Given growing tensions in the Pacific, China is in need of a second channel for fuel supply from the Middle East through the CPEC. The said project has also the right potential to develop the western regions of China, which Beijing is anxious to undertake at a quick pace. (BR  June 04, 2015)

One Window Facilitation Desk for Chinese Companies (CPEC) in Pakistan

Making the most of CPEC

Completion of CPEC: Impact on Pakistan’s Strategic Position and Economy

  • Source / Courtesoy: http://www.ipripak.org/completion-of-cpec-impact-on-pakistans-strategic-position-and-economy/
  • JULY 11, 2016
  • Picture1CPEC Route

Introduction

An IPRI Review meeting on “Completion of CPEC: Impact on Pakistan’s Strategic Position and Economy” was held at IPRI conference hall on April 26, 2016. China-Pakistan Economic Corridor (CPEC), linking Gwadar to China’s Western city of Kashgar was viewed optimistically. It was reiterated that CPEC would generate economic activity, open vistas and opportunities for Pakistan and the region at large. Further, China’s access to the markets of South Asia and Middle East would be enhanced. The corridor would also diversify China’s energy routes, and lessen the country’s dependence on the Strait of Malacca.

Salient Points

  • The salient points of the review meeting are as under:-
    • Historically, the very concept of a corridor, has been a cause of development in different parts of the world.[5] In the post-1945 period, European Economic Community was formed (1957). Later, European Union (EU) was created in November 1993.[6] Currently, the free movement of people, goods, services and capital are the pillars of EU. The idea to establish Exclusive Economic Zones (EEZ) comprising Cambodia, Laos, Vietnam and Myanmar under the Greater Mekong Sub-region Economic Cooperation Programme is also akin to the concept of establishing economic corridor for promoting trade and people to people interaction.[7]
    • The CPEC will be a channel for the Maritime Silk Route that imagines connecting three billion people in Asia, Africa and Europe.[8] As stated by President Xi Jinping: “The China-Pakistan Economic Corridor is located where the Silk Road Economic Belt and the 21st Century Maritime Silk Road meet.”[9]
    • The construction of CPEC would be along the Karakorum Highway build during the 1970s from the Pakistani town of Havalian in Hazara division to Khunjerab Pass, the border of China and Pakistan.[10]
    • In 2010, China declared Kasghar, an important transit point on the ancient Silk Route and a gateway between China and Pakistan, as a Special Economic Zone (SEZ) with the idea to develop the Chinese Western province of Xinjiang into a major trading hub leading to energy and economic integration with South and Central Asia. The SEZs in the Pakistani port of Gwadar and Kashgar and the prospects of rail and road connectivity between proposed SEZs would develop great economic, political and strategic potential for the region. The concept of CPEC though started from 2006, was formally presented by Pakistani Prime Minister Nawaz Sharif during his visit to China in November 2014. The two countries signed 19 agreements and Memorandum of Understanding (MoU) to boost the bilateral ties between China and Pakistan in various fields including energy and basic infrastructure sectors.[11]
    • CPEC is equally beneficial to China. The port of Shanghai is 10,000 kilometres from the Strait of Hormuz by sea via the Malacca route while Kashgar, the capital of Xinjiang, is about 4500 kilometres from the port of Shanghai. However, Kashgar is 2800 kilometres from Gwadar via the envisaged CPEC and hence just over 3400 kilometres from the Strait of Hormuz. It makes plain economic sense for Beijing to prefer this route only on the basis of the time distance equation. However, besides economy China also faces security issues which make the Gwadar-Kashgar route important. The ships travelling from the Persian Gulf or the Red Sea have to pass close to the Indian territory as well as through the Malacca Strait. China is fully aware of the vulnerability of the ships throughout the long sea passage and particularly through the Malacca which is termed by the Chinese as the “Malacca Dilemma”. China is, therefore, looking for alternative options to safeguard its supplies and Gwadar provides the most secure and economically feasible alternative to link with this side of the world.[12]
    • The four main pillars of CPEC are Gwadar port, communication infrastructure, energy infrastructure and industrial zones.[13]
    • China has made commitment to invest around US $ 46 billion in the developmental projects[14] (which is roughly 20 percent of Pakistan’s annual GDP, with approximately US $ 28 billion in immediate projects and the rest allocated for projects in the pipeline).[15] In total, the energy projects will add 17,000 megawatts of electricity generation at a cost of US $ 34 billion.[16] The rest of the money will be spent on transport infrastructure, including upgrading the railway line between the port megacity of Karachi and Peshawar.[17]. Major infrastructural projects to be constructed under the CPEC include Gwadar East Bay Expressway, Gwadar International airport, up-gradation of KKH phase-II, parts of Karachi–Lahore Motorway and Muzaffarabad–Mirpur Expressway.
    • The amount spent on the projects will be in the form of concessional loans, mainly from Chinese banks to Chinese companies for specific projects. These projects will take three to fifteen years to complete. Chinese engineers, technicians and labour will come to Pakistan for construction of these projects. The Pakistan’s Army (principally the Frontier Works Organization) and civilian personnel will also be working on some of these projects.[18]
    • CPEC – Routes[19]. There are three routes of the CPEC after it enters Khyber-Pakhtunkhwa from the Khunjerab Pass and Gilgit-Baltistan:-
      • The first (Western) route suggests that the CPEC will enter Balochistan via Dera Ismail Khan to Zhob, Qila Saifullah, Quetta, Kalat, Punjgur, Turbet and Gwadar.
      • The second (Central) route goes from Dera Ismail Khan to Dera Ghazi Khan and onwards to Dera Murad Jamali, Khuzdar, Punjgur, Turbet to Gwadar.
      • The third route (Eastern) enters the Punjab province from Khyber Pakhtunkhwa, going through Lahore, Multan and Sukkur, from there it takes the traditional highway to enter Balochistan, passing through Khuzdar, Punjgur, Turbet and Gwadar.
    • An alternate route will go from Sukkur to Karachi and from there take the coastal highway to Gwadar. The first route is the shortest of the three routes. It will pass through very underdeveloped areas (that have security problems). The third route (Eastern) is already functional, and requires upgrading.
    • CPEC and Pakistan’s Regional Standing
      • The regional states can increase their mutual relevance and build a cooperative and positive environment by engaging in greater economic activity, especially trade cooperation. Pakistan, located at the crossroads of resource rich Central and West Asia, the Persian Gulf and the oil rich Middle East holds a strategic position. But, due to the factors like volatile geopolitics, inadequate transportation systems and energy shortage, Pakistani economy has remained short of using its full potential. With the implementation of CPEC, Pakistan will be able to enhance its strategic importance. CPEC would link South Asia, Central Asia, North Africa and Gulf states with economic and energy cooperation ties. Pakistan’s Ambassador to China Masood Khalid said: “The territory of Pakistan is like a corridor which connects China and Arabian Sea and Pakistan is a bridge between China and the world.”[20]
      • The Gwadar Port located at the Arabian sea (72 kilometres from Iran; about 320 kilometres from Cape al-Hadd in Oman and about 400 kilometres from the Strait of Hormuz and linked with Persian Gulf), has the capacity of handling up to 19 million tons of crude oil per year, after putting the required infrastructure in place.[21] Through the construction of CPEC, China is interested in developing a direct crude oil pipeline from Gwadar to Xinjiang.[22]
      • With the development of Gwadar Port, all trade to and from Central Asian Republics (CARs) is going to adopt the shortest available route via Gwadar and the trade benefits to Pakistan are expected to multiply. Pakistan could become a major world channel for petro-chemical trade and greatly stimulate its economic growth.[23] Moreover, the province of Balochistan will become significant for regional integration.[24]
      • It is also expected that the corridor will link with India and Afghanistan.[25] However, India has been skeptical about the Belt and Road initiative, as India does not wish to see China expand its influence in South Asia, nor the formation of a second pole of influence in South Asia,[26] which could be a threat to its economy. India has raised objections to the planned corridor for passing through Gilgit-Baltistan.[27] To counter Chinese moves, India has also announced to invest US $ 100 million in the development of Iranian Chabahar port, which they believe will be a means to reach Afghanistan and Central Asia without having to rely on Pakistan.
    • CPEC and Pakistan’s Economy
      • According to Minister for Planning Development and Reform Ahsan Iqbal, “Pakistan-China Economic Corridor is not the name of a single route or alignment, it is a comprehensive package of cooperative initiatives and projects encompassing regional connectivity, information network infrastructure, energy cooperation, industry and industrial parks, agricultural development, and poverty alleviation, financial cooperation as well as livelihood improvement including municipal infrastructure, education, public health and people-to-people communication which will result in thousands of new ventures and millions of jobs in every part of Pakistan.”[28]
      • The Asian Development Bank has termed the project as, “CPEC will connect economic agents along a defined geography. It will provide connection between economic nodes or hubs, centered on urban landscapes, in which large amount of economic resources and actors are concentrated. They link the supply and demand sides of markets.”[29]
      • Pakistan is the second largest trading partner of China in South Asia; the trade volume stands at US $ 19 billion.[30] According to data released by the State Bank of Pakistan, the country received US $ 975.4 million as FDI during July-March 2015/16 as compared to the US $ 832.2 million in the corresponding period of last fiscal year.[31] The FDI from China grew by 167 percent to US $ 516 million during July-March 2015/16 as compared to the US $ 193.3 million in the corresponding period of the last fiscal year.[32]
      • The CPEC would pass through all the four provinces as well as Gilgit-Baltistan. Balochistan and KPK’s backward areas would be developed. Balochistan is rich in mineral resources (estimated stock of 200 million tons of iron and 217 million tons of coal, Saindak gold and copper mines contain reserves up to 412 million tons of copper and gold, Reko Dik 5.9 billion tons of copper and gold).[33] The mining sector would flourish. It would contribute towards reducing unemployment in local areas; strengthening micro, medium and small sized industries, thus, benefiting the local population.
      • Federal Minister for Planning Development and Reforms, Ahsan Iqbal said: “The production of 10,000 megawatts of energy under the CPEC would help overcome the energy crisis by 2018 as well as upgrade the existing road network of the country.”[34]
      • Universities are also being planned on CPEC’s Western route.[35] These universities will educate and empower the people of FATA, Zhob and Gwadar. Tourism will also flourish under CPEC.

Major Conclusions

  • The construction of CPEC is an important consensus reached by the leaders of China and Pakistan. It will optimize the trade and energy cooperation between China and Pakistan and benefit over three billion people in China, South Asia and Middle East.
  • CPEC realizes the new realities of global and regional politics by cultivating a more systematic, up-graded and need-based interaction for socio-economic, industrial, energy and trade development.[36]
  • Pakistan’s leadership describes the CPEC as a game changer for Pakistan and the region at large.[37] However, the dividends of CPEC will be realized over a period of 10-15 years. It therefore requires a continued determination on part of China and Pakistan to stay firm on the course.[38]
  • It is important to make sure that all Memorandums of Understandings (MoUs) and any new policy arrangements that may be agreed to in the future by China and Pakistan, are implemented in their true spirit without any delay.
  • A strict scrutiny of the performance and quality of work on different projects will be needed. Similarly, safeguards are needed against corruption. The creation of Prime Minister’s Delivery Unit (PMDU) in April 2015 to monitor the implementation of the projects under the CPEC is a positive move.[39]
  • Pakistan will have to provide security to engineers, technicians and labour that will work on the corridor projects. In April 2015, the Pakistan Army announced establishment of a special security division, headed by a Major General, for providing security. This special security division comprises nine Army battalions and six wings of paramilitary forces (Rangers and Frontier Corps), numbering around 10,000 personnel.[40]
  • The CPEC project will transform Pakistan’s geographic location into an asset. The business community and private sector needs to come forward, and play their role in making CPEC a success.[41]
  • CPEC will ease Pakistan’s energy crisis while connecting the country’s economy with its neighbours on three sides, the east, north and the west. India is the only missing link in the Belt and Road project. It raised objections to the planned construction of the Corridor through Gilgit-Baltistan.
  • China’s engagement with Pakistan gives an opportunity to counter-balance the Indian-US strategic partnership.[42] The anti-state elements opposing construction of the corridor may try to misguide the local people of Balochistan, Khyber Pakhtunkhwa and Gilgit-Baltistan.
  • Extremist/ethnic elements could also be exploited to sabotage construction of CPEC. Meanwhile, the East Turkistan Islamic Movement (ETIM) in Xinjiang may also create problems.[43] To counter these disgruntled elements and to thwart the hidden nefarious agendas, the government needs to employ a multi-dimensional strategy encompassing both soft and hard power. A Pakistan-China joint counter terrorism mechanism is required.
  • The role of think tanks, media and educational exchanges will also be useful in allaying the negative perceptions and apprehensions over the CPEC project.

[1] Shahnawaz Akhter, “FDI up 15pc on CPEC Inflows in July-March”, The News, April 19, 2016.

[2] Ibid.

[3] Mir Sherbaz Khetran, “The Potential and Prospects of Gwadar Port”, Institute of Strategic Studies Islamabad (ISSI) Journal, Vol. 34 and 35, No. 4 and 1, (Winter 2014 and Summer 2015): 73, (accessed April 10, 2016), http://issi.org.pk/wp-content/uploads/2015/12/Sherbaz_3435_SS_41_20142015.pdf.

[4] Ibid, p. 85.

[5] Dr. Moonis Ahmar, “Strategic Meaning of the China-Pakistan Economic Corridor”,Institute of Strategic Studies Islamabad (ISSI) Journal, Vol. 34 and 35, No. 4 and 1, (Winter 2014 and Summer 2015): 38, (accessed April 5, 2016), http://issi.org.pk/wp-content/uploads/2015/12/Moonis-Ahmar_3435_SS_41_20142015.pdf.

[6] Ibid, 38 and 39.

[7] Ibid.

[8] Muhammad Saqib Irshad, Qi Xin and Hamza Arshad, “One Belt and One Road: Does China-Pakistan Economic Corridor Benefit for Pakistan’s Economy”, Journal of Economics and Sustainable Development, Vol.6, No. 24, (2015): 203.

[9] Dr. Hasan Askari Rizvi, “The China-Pakistan Economic Corridor: Regional Cooperation and Socio-Economic Development”, Institute of Strategic Studies Islamabad (ISSI) Journal, Vol. 34 and 35, No. 4 and 1, (Winter 2014 and Summer 2015): 10, (accessed April 5, 2016),http://issi.org.pk/wp-content/uploads/2015/12/Hasan-Askari-Rizvi_3435_SS_41_20142015.pdf.

[10] Dr. Moonis Ahmar, “Strategic Meaning of the China-Pakistan Economic Corridor”, p. 42, http://issi.org.pk/wp-content/uploads/2015/12/Moonis-Ahmar_3435_SS_41_20142015.pdf.

[11] Ibid.

[12] Dr. Azhar Ahmad, “Gwadar Port Potential and Prospects”, Research Paper, Pakistan Institute for Conflict and Security Studies (PICSS), http://www.picss.net.

[13] Dr. Hasan Askari Rizvi, “The China-Pakistan Economic Corridor: Regional Cooperation and Socio-Economic Development”, p. 10, http://issi.org.pk/wp-content/uploads/2015/12/Hasan-Askari-Rizvi_3435_SS_41_20142015.pdf.

[14] Muhammad Saqib Irshad, “One Belt and One Road: Does China-Pakistan Economic Corridor Benefit for Pakistan’s Economy”, p. 202.

[15] Ibid.

[16] Ibid.

[17] Muhammad Saqib Irshad, “One Belt and One Road: Does China-Pakistan Economic Corridor Benefit for Pakistan’s Economy”, p. 203.

[18] Dr. Hasan Askari Rizvi, “The China-Pakistan Economic Corridor: Regional Cooperation and Socio-Economic Development”, p. 11, http://issi.org.pk/wp-content/uploads/2015/12/Hasan-Askari Rizvi_3435_SS_41_20142015.pdf.

[19] Ibid, 10.

 

[20] “One Belt One Road Provides New Drive for Regional Sustainable Development”,People’s Daily, April 8, 2016, (accessed April 11, 2016),http://en.people.cn/n3/2016/0408/c90000-9041876.html.

[21] Dr. Simrit Kahlon, “Gwadar port Operationalisation: India, US Need to Redraw Maritime Strategy”, Indian Defence Review, April 16, 2015, (accessed May 9, 2016), http://www.indiandefencereview.com/spotlights/gwadar-port-operationalisation-india-us-need-to-redraw-maritime-strategy/.

[22] Mir Sherbaz Khetran, “The Potential and Prospects of Gwadar Port”, Institute of Strategic Studies Islamabad (ISSI) Journal, Vol. 34 and 35, No. 4 and 1, (Winter 2014 and Summer 2015): 82, (accessed April 10, 2016), http://issi.org.pk/wp-content/uploads/2015/12/Sherbaz_3435_SS_41_20142015.pdf.

[23] Ibid, pp. 75-78.

[24] “3 Varsities on CPEC Route to be Functional this Year: Ahsan”, The News, March 15, 2016.

[25] Muhammad Saqib Irshad, “One Belt and One Road: Does China-Pakistan Economic Corridor Benefit for Pakistan’s Economy”, p. 204.

[26] Shafei Moiz Hali, Dr. Tan Shukui and Sumera Iqbal, “One Belt and One Road: Impact on China-Pakistan Economic Corridor”, Institute of Strategic Studies Islamabad (ISSI) Journal, Vol. 34 and 35, No. 4 and 1, (Winter 2014 and Summer 2015):158, (accessed April 10, 2016), http://issi.org.pk/wp-content/uploads/2015/12/Shafei_Moiz_and_Tan_and_Sumera_3435_SS_41_20142015.pdf.

[27] Dr. Hasan Askari Rizvi, “The China-Pakistan Economic Corridor: Regional Cooperation and Socio-Economic Development”, p. 13, http://issi.org.pk/wp-content/uploads/2015/12/Hasan-Askari-Rizvi_3435_SS_41_20142015.pdf.

[28] Dr. Moonis Ahmar, “Strategic Meaning of the China-Pakistan Economic Corridor”, p. 42, http://issi.org.pk/wp-content/uploads/2015/12/Moonis-Ahmar_3435_SS_41_20142015.pdf.

[29] Ibid, p. 39.

[30] Obaid Abrar Khan, Pakistan 2nd Largest Trading Partner of China: Envoy, The News, March 10, 2016.

[31] Shahnawaz Akhter, “FDI up 15pc on CPEC Inflows in July-March”, The News, April 19, 2016.

[32] Ibid.

[33] Dr. Azhar Ahmad, “Gwadar Port Potential and Prospects”, Research Paper, Pakistan Institute for Conflict and Security Studies (PICSS), http://www.picss.net.

[34] “CPEC’s First Phase to be Completed by 2018”, The News, April 17, 2016.

[35] “3 Varsities on CPEC Route to be Functional this Year: Ahsan”, The News, March 15, 2016.

[36] Dr. Hasan Askari Rizvi, “The China-Pakistan Economic Corridor: Regional Cooperation and Socio-Economic Development”, p. 12, http://issi.org.pk/wp-content/uploads/2015/12/Hasan-Askari-Rizvi_3435_SS_41_20142015.pdf.

[37] China Closely Works with Pakistan to Implement CPEC, The News, March 19, 2016.

[38] Dr. Hasan Askari Rizvi, “The China-Pakistan Economic Corridor: Regional Cooperation and Socio-Economic Development”, p. 12, http://issi.org.pk/wp-content/uploads/2015/12/Hasan-Askari-Rizvi_3435_SS_41_20142015.pdf.

[39] Ibid.

[40] Ibid, p. 13.

[41] Mansoor Ahmad, CPEC May Help China Play Role of Large Economy in Region, The News, March 20, 2016.

[42] Mir Sherbaz Khetran, “The Potential and Prospects of Gwadar Port”, Institute of Strategic Studies Islamabad (ISSI), Institute of Strategic Studies Islamabad (ISSI) Journal, Vol. 34 and 35, No. 4 and 1, (Winter 2014 and Summer 2015): 73, (accessed April 10, 2016), http://issi.org.pk/wp-content/uploads/2015/12/Sherbaz_3435_SS_41_20142015.pdf.

[43] Ibid, p. 85.

One Window Facilitation Desk for Chinese Companies (CPEC) in Pakistan

List of Agreements/MoUs Signed during visit of Chinese President

Both signed agreements worth $28 billion to immediately kick-start early harvest projects, while projects worth $17 billion, which are in the pipeline, will follow as soon as the required studies, processes and formalities are completed. The groundbreaking and signing of financial agreements has demonstrated that there is a strong will on both sides to implement the portfolio of $45 billion agreed under the CPEC framework as early as possible to help Pakistan meet its energy needs. The agreements and MOUs signed are as under:

  1.  Economic and technical cooperation agreement between China and Pakistan.
  2.  Exchange of notes of feasibility study of the demonstration project of the DTMB.
  3.  Exchange of notes on provision of anti-narcotics equipment.
  4.  Exchange of notes on provision of law enforcement equipment.
  5.  Exchange of notes on feasibility study of Gwadar hospital
  6.  MoU on provision of Chinese governmental concessional loan for second phase up-gradation of the Karakorum Highway (Havelian to Thakot).
  7.  MOU on provision of Chinese governmental concessional loan for Karachi-Lahore Motorway (Multan to Sukkur).
  8.  MoU on provision of Chinese governmental concessional loan for Gwadar port East Bay Expressway Project.
  9.  MoU on provision of Chinese governmental concessional loan for Gwadar international airport.
  10.  Protocol on banking services to agreement on trade in services.
  11.  MoU on provision of material for tackling climate change.
  12.  Framework agreement on cooperation on major communications infrastructure project.
  13.  MoU on cooperation between NDRC of China and Ministry of Planning Development and Reform of Pakistan.
  14.  MoU on Pro Bono Projects in the Port of Gwadar Region.
  15.  MoU on establishment of China-Pakistan joint cotton bio-tech laboratory.
  16.  Framework agreement between the National Railway Administration, China and the Ministry of Railways, Pakistan on joint feasibility study for up-gradation of ML1 and establishment of Havelain dry port of Pakistan Railways.
  17.  Protocol on the establishment of China-Pakistan joint marine research center.
  18.  MoU on cooperation between the State Administration of Press, Publication, Radio, Films and Television of China and Ministry of Information, Broadcasting and National Heritage of Pakistan.
  19.  Triple party agreement between China Central Television and PTV and Pakistan Television Foundation on the re-broadcasting of CCTV-NEWS/CCTV -9 Documentary in Pakistan.
  20.  Protocol on establishment of sister cities relationship between Chengdu city Sichuan Province of PRC and Lahore city.
  21.  Protocol on establishment of sister cities Relationship between Zhuhai city, Guangdong province and Gwadar city.
  22.  Protocol on establishment of sister cities relationship between Karamay City, XianjianUgur, and Gwadar city.
  23.  Framework agreement between NEA and MoPNR on Gwadar-Nawabshah LNG terminal and pipeline project.
  24.  Commercial contract on Lahore Orange Line Metro Train Project.
  25.  Agreement on financing for Lahore Orange line Metro Train project.
  26.  MoU on financing for KKH up-gradation Phase-2 (Havelian to Takot), KLM, Gwadar east bay expressway, Gwadar international airport projects.
  27.  Financing agreement relating to the 870MW hydro-electric Suki Kinari hydropower project between EXIM Bank of China, Industrial and Commercial Bank of China Limited and SK Hydro (Private) Limited.
  28.  Financing cooperation agreement between the EXIM Bank of China and Port Qasim Electric Power Company (Private) Limited (on Port Qasim 2x660MW coal-fired power plant).
  29.  Framework facility agreement for 720MW Karot hydropower project between China Development Bank Corporation, EXIM Bank of China and Karot Power Company (Private) Limited.
  30.  Term sheet of the facility for Zonergy 9×100 MW solar project in Punjab between China Development Bank Corporation, EXIM Bank of China and Zonergy Company limited.
  31.  Drawdown agreement on Jhimpir wind power project between UEP Wind Power (Private) Limited as borrower and China Development Bank Corporation as lender.
  32.  Terms and conditions in favor of Sindh Engro Coal Mining Company for Thar Block II 3.8Mt/a mining Project, Sindh province, Pakistan arranged by China Development Bank Corporation.
  33.  Terms and conditions in favor of Engro Powergen Thar (Private) Limited, Sindh province, Pakistan for Thar Block II 2x330MW coal fired power project arranged by China Development Bank Corporation.
  34.  Framework agreement of Financing Cooperation in Implementing the China-Pakistan Economic Corridor between China Development Corporation and HBL.
  35.  MoU with respect to cooperation between Wapda and CTG.
  36.  MoU among PPIB, CTG, and Silk Road Fund on Development of Private Hydro Power Projects.
  37.  Facility operating agreement for Dawood Wind Power project between ICBC and PCC of China and HDPPL.
  38.  Framework agreement for promoting chinese investments and industrial parks development in Pakistan between ICBC and HBL on financial services corporation.
  39.  The financing term sheet agreement for Thar Block –I between ICBC, SSRL.
  40.  Energy strategic cooperation framework agreement between Punjab province and China Huaneng Group.
  41.  Framework agreement on the China Pakistan Economic Corridor Energy Project Cooperation.
  42.  Cooperation agreement between Sino-Sindh Resources (Pvt) Ltd and Shanghai Electric Group for Thar Coalfield Block I Coal-Power integrated Project in Pakistan.
  43.  Cooperation agreement for Matiyari-Lahore and Matyari (Port Qasim)-Faisalabad Transmission and Transformation Project between National Transmission Distribution Company (NTDC) and National Grid of China.
  44.  IA on Port Qasim Coal fired Power Plant between Power China and GoP.
  45.  Facility Agreement for the Sahiwal Coal-fired Power Plant Project between industrial and Commercial Bank of China Limited, Huaneng Shandong Electricity limited and Shandong Ruyi Group.
  46.  Cooperation agreement on Hubco Coal-fired Power Plant Project between CPIH and Hubco Power Company.
  47.  Facilitation Agreement on Salt Range Coal-fired Power Project between CMEC and Punjab Government.
  48.  MoU between NUML Pakistan and Xinjiang Normal University, Urumqi China for Cooperation on Higher Education.
  49.  Agreement on collaboration on establishment of NUML International Center of education (NICE) between NUML Pakistan and Xinjiang Normal University, Urumqi, China.

On this occasion the two leaders inaugurated the following projects by unveiling the plaques:

  1.  Industrial and Commercial Bank of China, Lahore Branch.
  2.  Energization of 100 MW solar power plants at Quad-i-Azam solar park, Bahawalpur.
  3.  FM 98 Dosti Channel studio PBC-CRI, Islamabad.
  4.  Demonstration project of DTMB Broadcasting in Pakistan.
  5.  China Cultural center Pakistan.
  6.  China-Pakistan Joint Research Center for small hydropower, Islamabad.
  7.  China-pakistan cross-border optical fiber cable system project.
  8.  Metro rail transit system on the Orange Line in Lahore.

Ground breaking of following power projects was also jointly done by Prime Minister Muhammad Nawaz Sharif and President Xi Jinping via video link:

 1- Karot 720 MW Hydropower project.

2- Dawood 50 MW Wind-power project.

3- Sachal 50 MW Wind-power project.

4- Zonergy 900 MW solar project.

5- Jhimpir 100 MW Wind-power project.

One Window Facilitation Desk for Chinese Companies (CPEC) in Pakistan

www.cpecplatform.comnew-flash1