Energy projects worth $25b to be completed under CPEC: Ahsan Iqbal

Published: January 10, 2016
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A view of the All Parties Conference held in Islamabad on January 10, 2016. PHOTO: ONLINE

A view of the All Parties Conference held in Islamabad on January 10, 2016. PHOTO: ONLINE

A view of the All Parties Conference held in Islamabad on January 10, 2016. PHOTO: ONLINE PHOTO: AFP

Energy projects worth over $25 billion are set to be completed under the China-Pakistan Economic Corridor (CPEC), Federal Minister for Planning, Development and Reforms Ahsan Iqbal announced on Sunday.

“Energy projects worth $7.1 billion, $6.9 billion and $11.5 billion will be completed in Balochistan, Punjab and Sindh respectively under the CPEC,” Radio Pakistan quoted Ahsan as saying, during an All Parties Conference (APC) in Islamabad convened; by the Balochistan National Party-Mengal (BNP-M).

Fighting for western corridor: K-P parties reaffirm stance on CPEC

The APC was called to discuss the on-going dispute over the alleged changes in the route of the multi-million dollar project. Pakistan and China had signed an agreement on April 20 last year to commence work on CPEC development projects worth over $46 billion, which comes to roughly 20 per cent of Pakistan’s annual GDP.

The corridor aims to connect Gwadar port in Balochistan to China’s Xinjiang region via a network of highways, railways and pipelines spread over 3,000km. Work on several sections has already commenced but the entire project is expected to take several years to complete.

Federal ministers Ahsan Iqbal, Khwaja Saad Rafiq, Leader of the House in Senate Raja Zafar ul Haq, Sardar Akhtar Mangal, Maulana Fazalur Rehman, Aftab Ahmad Khan Sherpao, Mahmood Khan Achakzai, Afrasiyab Khattak, Farhatullah Babar, Liaqat Baloch, Khyber-Pakhtunkhwa Chief Minister Pervez Khattak, and former chief minister Balochistan Dr Abdul Malik Baloch attended the conference.

K-P and the CPEC

Earlier on Saturday, the Chinese Embassy in Islamabad had urged the government, its allies and the opposition parties to resolve their difference to strengthen communication and coordination on the CPEC to create favourable conditions for the project.

On Friday, a two-member delegation of the Pakistan Tehreek-e-Insaf comprising former foreign minister Shah Mehmood Qureshi and MNA Dr Shireen Mazari had met the Chinese ambassador. Sharing details of his meeting, Qureshi told The Express Tribune that “we gave an assurance to the ambassador that we don’t have any issue with China and we are in favour of the CPEC”.

Qureshi said it was pledged in an all parties’ conference (APC) that the western route would be completed first. He accused the government of retreating from this pledge. “Building just the road is not enough. Our demand for work on the western route includes development of infrastructure, rail tracks, fiber optics, LNG and uninterrupted supply of electricity,” he added.

Opposition parties are demanding the government take them into confidence while addressing their concerns on the government’s plan to execute the CPEC. During the recent session of parliament, not a single day passed without opposition parties’ protesting against the government’s approach on the CPEC.

CPEC: Aftab Sherpao doubts govt’s plans for western route

Meanwhile, Leader of Opposition in the National Assembly Khursheed Shah also wrote a letter to Prime Minister Nawaz Sharif expressing reservations on projects related to the CPEC and called the initiatives taken on the project ‘Punjab-centric’. He asked the premier to adhere to the decisions reached at the APC held over the project in May last year.

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Reader Comments (3)

  • ishrat salim
    Jan 10, 2016 - 5:15PM

    Mr Ahsan Iqbal has got lie virus from top leaders of PML N. On the TV program ” tonight with mr moedd pirzada “, Mr Ahsan Iqbal on Friday last then repeat transmission on Saturday, had told the audience that $ 36 billion is the energy share of the projects to be build by Chinese investors & today in APC he says $ 25 billion, where has the difference gone ? such U turn during each meeting with different parties s making CPEC controversial & then blaming the other political parties. I suggest people to watch & hear this program before blindly supporting the govt.Recommend

  • cautious
    Jan 10, 2016 - 6:32PM

    The corridor aims to connect Gwadar port in Balochistan to China’s Xinjiang region via a network of highways, railways and pipelines spread over 3,000km
    .
    Rubbish. CPEC goal has little to do with connecting anything to China – the bulk of the money is being spent on disjointed projects which are financed by China and awarded to Chinese Companies under no bid arrangements. The rail and pipelines in CPEC aren’t to China but between Pakistani cities – the benefit to China is only in the built in profit associated with the “no bid” contracts which might be ruled illegal by the SC.Recommend

  • Gramscian
    Jan 10, 2016 - 7:03PM

    He keeps on giving different figures depending on his location & day. Why not disclose agreement in national assembly for everyone to see & dispel all misconception? Why so much secrecy?Recommend

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