This document discusses the China-Pakistan Economic Corridor (CPEC) project and its importance for the construction industry in Pakistan. It provides a brief history of CPEC and outlines several major infrastructure projects being undertaken as part of CPEC, such as the Karachi-Peshawar Motorway, Havelian Dry Port, and coal power plants, which will provide significant opportunities for growth in Pakistan's construction sector. It also notes that CPEC projects are expected to create over 30,000 new jobs for Pakistani workers in the construction industry.
7. Short History of CPEC
• CPEC is a collection of projects.
• CPEC was formally conceived in May 2013.
• PM Li Keqiang officially visited Pak on 22
May 2013.
8. • Later Prime Minister Nawaz Sharif
made visits to China to discuss the
Importance of this project.
9. • President Xi Jinping visited Pak in April
2015,During his visit, the two countries
signed fifty one agreements at an estimated
value of $46 billion.
10. • It is a 3000 km long extensive network
Of roads, railways, pipelines and optical
fiber cable network.
11. • CPEC will link Kashgar in northwest
China’s Xinjiang Uygur Autonomous
Region & southwest Pakistan’s Gawadar Port.
12. Benefits to China
• Chinese industries are facing problems to
compete in global market due to high
transportation cost and delivery time.
• China is using a longest way due to which
transportation cost and time increases,
13.
14. Middle East- Western China
– Distance will be reduced by over 80%
– Cost of transportation will be lowered over 75%
– Time cut by over 85%
Europe- Western China
– Distance will be reduced by 50%
– Cost of transportation will be lowered by 50-65%
– Time cut by 50%
15.
16. Benefits to Pakistan
Economy of Pakistan will Increase
Pakistan aims to advance from being a lower-
middle-income nation to an upper-middle
income nation by 2025 which is not possible
without CPEC.
Pakistan's GDP will reach
$4.2 trillion by
2050 from the current
$988bn
17. • Strategic and economic trade routes.
• The corridor would create some 700,000
direct jobs between 2015 and 2030, and add
up to 2.5 percent to the country's growth rate.
18. • Development of Infrastructure.
• Connect all the Province.
• Development of Fata, KPK and Baluchistan.
19. • Given the solid foundations of friendship.
PAK, CHINA FRIENDSHIP ZANDAABAD
20. Opportunities for India
• Increase of 10-15 times of the current trade
with central Asia if routed through Pakistan
& Afghanistan.
• CPEC will double the Indian trade with china.
• Pakistani Ports will be the convenient
transit for North western India as compared
to Mumbai and Calcutta.
21.
22. Opportunities for Centre Asia
• Gwadar will be a gateway for Central Asia.
• Central Asia can be connected to CPEC via
Tirmiz, the southern city of Uzbekistan.
• Can increase energy market share in Western
China and India.
• Distance will be decrease by 22% for
Landlocked countries.
23.
24. Opportunities for Afghanistan
• Afghanistan can be connected to western alignment
of CPEC from Chaman and eastern alignment with
Peshawar from Jalalabad.
• CPEC will provide shortest and most cost effective
route for landlocked Afghanistan to China, India and
Indian ocean.
• Approx. 600km less as compared to the other nearest
port of Chabahar.
25. CPEC will also help in making Afghanistan a transit route
for energy rich Central Asia and energy starved South Asia
28. Construction Industry in
Pakistan
Pakistan Construction Sector is the second largest
individual sector of the economy after agriculture.
The construction industry in Pakistan is
heterogeneous and enormously complex.
There are several major classifications of construction
that differ distinctly from one another: e.g.
30. Infrastructure
Infrastructure includes projects such as dams,
highways, mass transit systems, tunnels, bridges,
pipelines, housing societies, drainage systems and
sewage treatment plants.
31.
32. Institutional & Commercial
Building
Such as Schools, Universities, Medical clinics,
Hospitals, Recreational facilities and Sports
Stadiums, large shopping centers, warehouses
and light manufacturing plants, and
Skyscrapers for offices and Hotels.
33.
34. CPEC and Construction Industry
• As Construction Industry highly deponds on
Construction Projects &
CPEC is a collection of Construction projects.
That’s Why
CPEC Has a Key Role in the development of
construction Industry.
35.
36. Karachi-Peshawar Motorway
• Karachi – Peshawar Motorway of 6-Lane
access controlled Motorway having total
length of 1,100 Km.
• Estimated Cost (US $2,846 Million)
37. Havelian Dry Port
• Pakistan Railway network exist upto Havelian
Railway Station situated at more than 680 Kms
from Khunjrab (China border).
• Estimated Cost (US $40 Million).
• Transshipment arrangement will be provided at
Havelian for loading / unloading on railway
wagons.
38.
39. Coal-Fired Power Plants At Port
Qasim Karachi
• It is one of the largest Priority Implementation
Projects in the energy sector of the China
Pakistan Economic Corridor (CPEC).
• The Project is located in the Port Qasim
Industrial Park, 37 km southeast of Karachi,
• The total investment of Project is
approximately 2.085 billion USD
40.
41. Thar Coal power station
• The Thar Coal power station with a net-worth
of US$ 2 billion is one of the major projects
in CPEC.
42. Employment opportunities
under CPEC
• According to an article that appeared in the
Nation newspaper of 6th June 2017, these
harvest projects created around 38000
proposed jobs, out of which around 8000 (less
than 25%) were given to the Chinese workers
while remaining 30,000 jobs provided direct
employment opportunities for Pakistani
engineers and workers.
43.
44.
45. Tribute to Pak-China friendship
• Pak-China friendship is higher than
mountains, deeper than ocean and sweeter than
honey.