CPEC early harvest projects to be completed by 2017-18

CPEC early harvest projects to be completed by 2017-18
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ISLAMABAD (APP): National Assembly Standing on Planning Development and Reforms here on Tuesday was informed that under China-Pakistan Economic Corridor (CPEC), 12 early harvest energy generation projects would be completed by 2017-18.

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The Committee which met here with Abdul Majeed Khanan Khail in chair was also informed that these energy generation projects would produce 5000 MW of electricity and overcome power demand supply gap in the country.

Briefing the meeting, Secretary Ministry of Planning, Development and Reforms Yousuf Naseem Khokhar said that multi- billion dollars deal was comprising on 3 terms.

The short term or early harvest projects would be completed by 2017-18 and they are mostly related to energy generation projects based on coal, solar, wind and others, he added.

The medium term projects under CPEC would be completed by 2025, where as the long term projects would be completed by the year 2030, adding that development work on all the projects were gaining the momentum by every passing day.

He said that different committees Comprising the members of Parliament and Senate were closely monitoring the performance and possible outcomes of the projects.

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The Secretary said that a complete national consensus was observed during the meeting of 6th Joint Cooperation Committee as all the federating units participated, which give a good message to Chinese government which also help boost their confidence.

He said the Chines government was also taken into confidence to include Diamir-Bash Dam projects in the CPEC , adding that government was also focusing the mega project which would enhance water storage capacity of the country.

He informed that land accusation process were completed by spending Rs 101 billion and project would be completed with in 8-10 years which would also help increase the life span of Mangla and Tarbela dams.

Giving the update on CPEC projects, he said that feasibility study for Matiari-Lahore and Matiari-Fasilabad installation of transmission lines was completed and land accusation process were under progress.

He said that in road infrastructure projects, up gradation of KKH and Havellian Thakot Phase 2 was also under progress, which would bring about revolution in transportation sector of the country.

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He said the work in Western route was in full swing and in rail based mass transit system, the JCC also agreed in principal to include Karachi circular railway, Peshawar, Quetta mass transit and orange line.

Secretary Planning informed that feasibility study for the construction of ML-1 from Karachi to Peshawar and Toorkhum were completed and under the project a dry port would be constructed in Havellian which would help in fright transportation.

He informed the committee that new projects recommended by the provinces were also included in CPEC , adding that China has assured that construction work for Gwadar express way would be started by the second quarter of current financial year.

Water supply project, which would provide 5 million gallon water would also be developed, where as vocational training centers for skill development of Balochi youth are also constructing.

He informed that committee that Gwadar Smart City Plane would also be finalized by the end of current year, where as industrial cooperation group had formed to promote chines investment for economic growth.

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He said that special security arrangements for the CPEC was formed comprising on 9,229 armed forced personal and 4,502 from the civil armed forces.

The Secretary informed that Chines government had expressed its satisfaction over the security arrangements made by the government of Pakistan .

The Members of National Assembly (MNAs) including Akhtar Hussain Shah Gillani, Shaheen Shafiq, Shaza Fatima, Shamas un Nisa, Nafisa Shah, Iftikhar ud Din and Dr Asma Mamdot attend the meeting.

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