PM to sign 27 energy, development related MoUs, agreements during China visit

Published: November 7, 2014
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Prime Minister Nawaz Sharif will be visiting China from November 7 to November 8. PHOTO: REUTERS

Prime Minister Nawaz Sharif will be visiting China from November 7 to November 8. PHOTO: REUTERS

ISLAMABAD: The upcoming visit of Prime Minister Nawaz Sharif to China will see a flurry of energy and development related agreements being signed, officials stated.

Among the agreements which are expected to be signed during Nawaz’s two day visit starting Friday, include those for the trade corridor which will connect Pakistan with Central Asian States.

The visit would help enhancing bilateral trade, developing infrastructure, enhancing people to people contacts and addressing the issue of load shedding in the country.

Of the 27 agreements and MoUs expected to be signed, 21 relate to generating 16,520mw power at an estimated cost of around $33 billion.

The important projects among these are the 1,320 mw Sino hydro Resource project, two 1,320 MW coal fired projects in Sahiwal, two 330 MW Engro Thar Coal Fire Project, 1,320 MW each Muzaffargarh Coal Prower, Rahimyar Khan, SSRL Thar coal projects and Thar Mine Mouth Oracle projects, 1000mw SSRL Thar Coal Block6, 2,640MW Gaddani Power Park Project, 300MW Gawadar Coal, 100MW Quaid-e-Azam Solar Park, 50MW Dawood Wind Farm, 100 MW UEP Wind Farm, 50MW Sachal Wind Farm, 50MW Sunnec wind farm, 870MW Suki Kinari Hydropower Station,and 720MW Karot Hydropower Station.

The prime minister will sign agreements for development projects worth nearly $4 billion, including the construction of a 440km section of KKH II (Raikot-Islamabad section), the Karachi-Lahore Motorway, Havelian dry port, Orange line Project of Lahore, Cross Border Optical Fiber Cable and Hari-Ruba Economic Zone, Sinohydro Resource Limited and Al Mirqab Capital, etc.

The Chinese President had previously canceled his visit to Pakistan due to the Islamabad sit ins – consequently the country had to endure losses of billion of rupees.

Complete list of agreements which will be signed can be viewed here:

List A
List B

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Reader Comments (4)

  • sabi
    Nov 7, 2014 - 9:02AM

    If these agreement are materialized massive investment will pour in without any effort.In ten year Pakistan will be a developed country provided there is no coup in between.Nawaz Sharif must work hard to achieve the target.

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  • yesnawaz
    Nov 7, 2014 - 12:23PM

    Yo nawaz yo. Sad day for immy and his backers in UAE.

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  • fahim
    Nov 8, 2014 - 5:06AM

    the only thing we pakistani are good at is signing these stpid deals,… till date we have signed hundreds of these stupid photo op deals with negligible investment… even if 33 million of this comes it would be good.. also at the cost of local industry, since almost all the manufacturing will happen in china, most of the labor will be chinese, the management will be chinese, and the profit will also go to beijing… so much for the foreign trip on tax payer money

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  • Nov 8, 2014 - 6:27AM

    Nawaz is going there for loans. Fancy name for projects.
    He wants his share, his percentages, his cuts. projects
    doled out to his family. conglomerates.. That is more
    money. All going to his off shore accounts. salman is there.
    taking care of business.

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