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Wednesday, April 29, 2015

[mukto-mona] China-Pakistan Energy Corridor



China-Pakistan Energy Corridor
Asif Haroon Raja


<< Pakistanis opened their hearts to welcome the worthy guest. During his two-day historic visit (April 20-21, 2015), President Xi signed 51 agreements/MoUs worth $28 billion, with $17 billion in pipeline spread over 15 years. His visit achieved the milestone of the groundbreaking of historic 3,000 km-long strategic China-Pakistan-Energy-Corridor (CPEC). It includes $ 18 billion worth energy projects such as coal, solar, hydroelectric power projects which will inject 10,400 MW electricity in the national grid by 2017/18, laying down fibre optic cable from Xingjiang to Rawalpindi, 1240 km long Karachi-Lahore motorway, metro and bus service in six major cities, up gradation of 1300 km long Karakorum Highway (first opened in 1978), oil/gas pipelines, commercial sea-lanes and host of other projects. >>
Establishment of China-Pakistan Economic Corridor (CPEC) was first proposed by Chinese Premier Li Keqiang during his visit to Pakistan in May 2013. Li stated, "Our two sides should focus on carrying out priority projects in connectivity, energy...
statestimes.net


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Posted by: Farida Majid <farida_majid@hotmail.com>


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