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Pak-China Corridor a game changer for whole region: Ahsan

Pak-China Corridor a game changer for whole region: Ahsan

ISLAMABAD: The Federal Minister for Planning, Development and Reform Ahsan Iqbal said that China Pakistan Economic Corridor (CPEC) is a game changer for Pakistan. It will usher a new era of progress and prosperity in the country. He was chairing introductory meeting of the Transport Group of CPEC in Planning Commission. The meeting was attended by officials from Ministry of PD&R, Commerce, Railway and Ports and Shipping.

He said that Projects like Karakarm Highway, Karachi-Lahore Motorway, Peshawar Karachi Railway Line, Gwadar port will mark beginning of a new era of development in Pakistan, which will create thousands of jobs and contribute towards promoting new business opportunities.

The Minister emphasized on speedy work on the projects and early completion of groundwork for productive meetings of Transport Group in Beijing on August 20-21, 2014.

The following projects were discussed in the meeting:

CHINA-PAK ECONOMIC CORRIDOR PROJECTS AGREED IN THE 2nd JCC MEETING

S. No. Name of Project Cost (US$ million) Tentatively completion date
Road Sector
1 Karakaram Highway (phase II) upgradation and reconstruction, from Raikot to Islamabad via Mansehra (486 Km) 3,500 By end 2017
2 Karachi-Lahore Motorway: Multan-Sukkur section. (375 Km)  2,250 By end 2017
Railway Sector    
1 Up-gradation/Rehabilitation of ML1 3,650 By end 2017
2 Construction of Dry Port at Havelian 40 By end 2017
3 Orange Line Project (27 Km) 1,600 By end 2016
Gwadar Port
1 Eastbay Expressway (18.9 Km) 104 By end 2017
2 Gwadar International Airport 68 By end 2017
3 Construction of Breakwaters 123 By end 2017
4 Dredging of berthing areas & channels 13 By end 2017
5 Integrated Development of Gwadar City / Region and Development of related infrastructurei) Infrastructure for Free Zone & EPZs port related industries

ii)  Necessary Facilities of Fresh Water Treatment and Supply

iii)  Coal-based Power Plant

iv) Hospital at Gwadar

v) Technical and Vocational Institute at Gwadar

740 

 

 

By end 2017

 

CHINA-PAK ECONOMIC CORRIDOR PROJECTS AGREED IN THE 2nd JCC MEETING

S. No. Name of Project Cost (US$ million) Tentatively completion date
Road Sector
1 Karakoram Highway (phase II) upgradation and reconstruction, from Raikot to Islamabad via Mansehra (486 Km) 3,500 By end 2017
2 Karachi-Lahore Motorway: Multan-Sukkur section. (375 Km)  2,250 By end 2017
Railway Sector    
1 Up-gradation/Rehabilitation of ML1 3,650 By end 2017
2 Construction of Dry Port at Havelian 40 By end 2017
3 Orange Line Project (27 Km) 1,600 By end 2016
Gwadar Port
1 Eastbay Expressway (18.9 Km) 104 By end 2017
2 Gwadar International Airport 68 By end 2017
3 Construction of Breakwaters 123 By end 2017
4 Dredging of berthing areas & channels 13 By end 2017
5 Integrated Development of Gwadar City / Region and Development of related infrastructurei) Infrastructure for Free Zone & EPZs port related industries

ii)  Necessary Facilities of Fresh Water Treatment and Supply

iii)  Coal-based Power Plant

iv) Hospital at Gwadar

v) Technical and Vocational Institute at Gwadar

740 

 

 

By end 2017

 

CHINA-PAK ECONOMIC CORRIDOR PROJECTS AGREED IN THE 2nd JCC MEETING

S. No. Name of Project Cost (US$ million) Tentatively completion date
Road Sector
1 Karakoram Highway (phase II) upgradation and reconstruction, from Raikot to Islamabad via Mansehra (486 Km) 3,500 By end 2017
2 Karachi-Lahore Motorway: Multan-Sukkur section. (375 Km)  2,250 By end 2017
Railway Sector    
1 Up-gradation/Rehabilitation of ML1 3,650 By end 2017
2 Construction of Dry Port at Havelian 40 By end 2017
3 Orange Line Project (27 Km) 1,600 By end 2016
Gwadar Port
1 Eastbay Expressway (18.9 Km) 104 By end 2017
2 Gwadar International Airport 68 By end 2017
3 Construction of Breakwaters 123 By end 2017
4 Dredging of berthing areas & channels 13 By end 2017
5 Integrated Development of Gwadar City / Region and Development of related infrastructurei) Infrastructure for Free Zone & EPZs port related industries

ii)  Necessary Facilities of Fresh Water Treatment and Supply

iii)  Coal-based Power Plant

iv) Hospital at Gwadar

v) Technical and Vocational Institute at Gwadar

740 

 

 

By end 2017