ISLAMABAD: In a big success, 32 projects completed in last 5 years underChina Pakistan Economic Corridor project.
Pakistan and China have achieved major progress on China Pakistan EconomicCorridor (CPEC) during the last five years as 32 early harvest projectswere completed during that period, documents from Chinese embassy revealed.
These CPEC projects have significantly improved local transportationinfrastructure and power supply, created over 75,000 jobs directly andcontributed one to two percent of the Gross Domestic Product (GDP) growthin Pakistan.
The documents further said:“It shows the CPEC is playing an important rolein boosting Pakistan’s socio-economic development and improving people’slivelihood.”
With respect to the mega ML-1 railway project, the documents showed thatthe initial design of the project was jointly accomplished by the ChinaRailway No 2 Bureau, National Engineering Services Pakistan Limited(NESPAK), and Pakistan Railway Advisory and Consultancy Services Ltd(PRACS).
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The project was launched in 2016, and the initial design was submitted inMay 2017. In April 2019, it successfully passed the initial design review,organised by Pakistan Railways (PR), of the complex including Mott McDonaldPakistan (MMP), Canarail and the Crimson.
“As the project has not yet been approved, the amounts of the project willbe adjusted according to the actual condition and the needs of Pakistan.
After finalising the design of the project, we would initiate a bidding inaccordance with international practice. This is a completely normalbusiness practice.”
