Corridor (CPEC), China’s high-profile development initiative in Pakistan, had shifted to a . There are two routes considered for CPEC transportation routes, eastern and western. CPEC: Transforming Pakistan’s economy Pakistan is entering into a new phase of economic development. The distance for shipments would be greatly reduced. Introduction to CPEC • The karakoram highway(kkh) was started in 1959 and was completed in 1979 (open to the public since 1986 ) • It connects China's Xinjiang region with Pakistan's Gilgit–Baltistan and Khyber Pakhtunkhwa regions 5. Phase 2. In the third phase, from 2025 to 2030, the combination of increased modern connectivity and an improved industrial sector envisioned under the plan ma-tures to create an integrated transnational corridor that closely links Pakistan’s economy to China. This study investigated the influence of CPEC projects on the community lifestyle of local Pakistani citizens. It focused on site selection criteria development and identification of potential sites at 8 locations as determined from Phase 1. EVALUATION OVERVIEW The Evaluation Process for the CPEC- CRG will be conducted in a single phase termed as Desk Review comprising of the following steps: a) The first step of the Evaluation Process is a screening of proposals by the Higher Education Commission. about 2 thousand kilometres away from Kashgar. Although CTP can also be synthesized by the salvage of cytidine, it has been shown that several malignant tissues predominantly use the pathway involving CTP synthetase [1,2]. K-2 is one of the two similar under-construction nuclear power plants located near Karachi and will be inaugurated for commercial operation by the end of May this year. Volume 2, Number 3, 2018 ISSN 2521-0041 ----- ANALYSIS OF CPEC PROJECTS AND EFFECT ON CONSTRUCTION SECTOR OF PAKISTAN Syed Saad Wasim SZABIST University, Karachi, Pakistan Mohammad Kashif Siddiqi SZABIST University, Karachi, Pakistan ABSTRACT China Pakistan Economic Corridor a One Belt One Road initiative is considered as a game 3) CPEC challenges for Pakistan. Both Pakistan and China have started the second phase of CPEC. TLP Phase 2 – Day 48 Synopsis 2019 www.IASbaba.com Page 1 1. 2.5% projected annual growth for Pakistan via CPEC: The projects being undertaken in CPEC are promising to help boost the GDP of Pakistan to 7.5% . China has given much importance to the port due to its strategic location , no matter that, of late, it has drawn some scepticism due to the lack of any significant traffic or cargo passing through it. CPEC is an offshoot of the Chinese President's ambitious idea, known as the one belt one road (OBOR) initiatives, that include multiple sub-projects with neighboring countries [2, 3]. CPEC is expected to have a profound impact on the socio-economic development of the country. Reverse-phase HPLC Separation of CPEC was done by HPLC using a Beckman Ultra- sphere ODS column (25 X 0.46 cm, 5-pm particle size) eluted at 1 ml/min with 50 mM ammonium acetate (pH 6.0) for 1 min and with a linear gradient between 50 mM ammonium acetate (pH 6.0) and 14% acetonitrile for … CPEC can be … The two countries have approved a Long-Term Plan For CPEC (2017-2030), to be implemented in three phases: (1) Short-term projects up to 2020, (2) Medium-term projects up to 2025, and, (3) Long-term projects up to 2030.4 (See Annexure III) The first phase (2014-2020) focuses on energy and infrastructure The upgrade of this section is also known as Phase II, Thakot-Raikot: 279 km, some sections will be completely rebuilt, some only upgraded. CPEC Projects. A case study of Gwadar Pakistan. Coal power plants is given the largest portfolio in the CPEC energy plan. Examine. Acknowledgements: ... (CPEC), which is expected to lead to massive developments in manufacturing, employment, infrastructure, energy and logistics, amongst other things. According Unlike the three failed attempts of the past, this time the chances of success have been enhanced, due to launch of CPEC. CPEC is an ongoing development mega project which aims to connect Gwadar Port of Pakistan to China’s northwestern region of Xinjiang, via a network of highways, railways, and pipelines. 2) How will the economic corridor be a win-win situation for both countries? The economic corridor is considered central to China–Pakistan relations and will run about 2700 km from Gwadar to Kashgar. The other one, K-3, is also in completion phase and is expected to be operational by the end of this year. - West China has entered into a new historic phase … The orderly and timely flow of economic factors in both countries along the CPEC will significantly improve the resource allocation efficiency and bring into full play the comparative advantage of each country. In January 2019, Saudi Arabia agreed to set up a US$10 billion ($16.2 billion) oil refinery at Gwadar Port, a key node of the CPEC project. The CPEC can also provide China with a new channel for its energy supply. China is a rising economic power and is a neighbour of Pakistan. Yet, up until late 2017, it was anticipated that a far more expansive array of projects would be in motion, and that industrial cooperation between the two sides would also have taken off. 10. 1) Impact of CPEC on the Economy of Pakistan. CPEC is a unique model of connectivity, trade, and development, which is an important part of the Belt and Road initiative, Mr. Yao said. Originally valued at $47 Billion, the value of CPEC projects is worth $62 Billion as of 2020. 5 From 2014 to 2019, projects under CPEC proceeded in step with the 2017 master plan. Under CPEC portfolio largest portion of funds is allocated to energy projects. In the first phase, the energy projects as whole will add 10,440 megawatts to the existing electricity generation capacity. It has been estimated the introduction of CPEC in Pakistan is going to give a straight boost of 2.5% to the current GDP of 5%. The ambitious CPEC links China's Kashgar city in Xinjiang province with Pakistan's Gwadar port in Baluchistan through a network of roads, railways and highways. new phase Whereas the first CPEC projects were mainly devoted to building new physical infrastructure, like power plants and highways, the next iteration of CPEC will tackle a wider array of projects intended to spur economic development and job creation. This is expected to be completed by 2018 with an estimated cost of $ 15.5 57 It will also attract whole world for economic and trade assistances. Karachi: China plans to launch 27 new projects in Pakistan under the second phase of the USD 60 billion China-Pakistan Economic Corridor (CPEC) this year, a media report on Friday quoted a senior Chinese diplomat as saying. China Pakistan Economic Corridor CPEC is a mega project signed by China and Pakistan on 5th July 2013, which is the part of the master plan of OBOR2.As this project is in the interest of both sides, the governments are trying to make and DNA synthesis and accumulation of cells in the S-phase of the cell cycle. Pakistan could easily benefit from China’s US$ 11 trillion economy and world’s … 4) Future of CPEC and recommendations. These benchmarks suggest a number of 40,000 to 50,000 jobs expected through CPEC hydro power projects. investment in a second phase was a feature of the original plans. The Long Term Plan of CPEC has divided the Project into three phases; early harvest projects to be completed by 2020 (phase 1), medium- term projects to be completed by 2025 (phase 2) and long-term projects to be completed by 2030 (phase 3). 2. The purpose of the screening is to ensure that submitted proposals: i. Socio-economic impacts of China Pakistan Economic Corridor (CPEC) at community level. CPEC is adding new physical infrastructure, including road upgrades and power stations, the latter being the overwhelming focus of its first phase. Does it pose a threat to India's interests? seventy-years history. China–Pakistan Economic Corridor (CPEC) is a collection of infrastructure projects that are under construction throughout Pakistan since 2013. Economies 2019, 7, 90 3 of 13 2.2. Introduction: Launched in 2015, China Pakistan Economic Corridor (CPEC) is a series of roads, railways, pipelines, hydropower plants and other development projects, being built from between China and Pakistan. This book focuses on the implementation of the China-Pakistan Economic Corridor (CPEC), a infrastructure development project intended to connect Asia with Europe, the Middle East and Africa and discusses economic and geopolitical impacts on the region and … The construction of Gwadar deep-sea port and the CPEC are of great significance for the implementation of strategy of developing the Employment and economic growth expand significantly. In the first phase of CPEC, construction of Gwadar . This economic programme has both strategic and economic components. Role of CPEC in the Economy of Pakistan . Within this section fours dams are planned, Gilgit-Skardu: 175 km, to be upgraded to a 4-lane Highway. Thakot-Havelian: 137 km, to be partly upgraded to a 4-lane dual carriageway and a 2-lane highway. What is CPEC? 2 | P a g e International Airport and major developments of Gwadar Port have been completed. Under the CPEC framework, the two sides have identified two industrial cooperation projects, namely Haier-Ruba Economic Zone (2006) phase II and Gwadar Free Zone. Without the latter in particular, CPEC will fall far short of its transformative intentions. During each phase Pakistan failed to achieve sustainable economic growth for a consistently long duration of time. Third Review of the Pakistan-China FTA and Recommendations for Phase 2 Negotiations November 2016. In fact, since the initiative was first presented in 2013, the debate over which route the CPEC would follow caused substantial delays. Introduction to CPEC • China Pakistan Economic Corridor is a collection of projects. Phase 2: Site Selection This phase comprised the actual site selection activities including identification of locations potentially suited for new city development and assessment thereof. Pakistan’s economy continues to … Phase 2 Negotiations. projected at construction phase and 3 jobs per/MW at Operation and Maintenance phase (O & M) (ILO-Pakistan, 2015). However, CPEC projects are still in the preliminary phase, and scholars and policymakers have continuously assured that CPEC projects will boost the economy of Pakistan through business creation and immense employment opportunities. On 1st September, 2016, Ground Breaking Ceremony was held for the Gwadar Free Zone, which has drawn much attention from the business community. Solar Power Plant CPEC includes Quaid-i-Azam Solar Park located in Bahawalpur, Punjab with a capacity of 1,000 MW. 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