China's overland Silk Road and Maritime Silk Road Thread

Discussion in 'Strategic Defense' started by SampanViking, Mar 29, 2015.

  1. timepass
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    CPEC To Usher In Era Of Development In The Entire Region: Minister...

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    Washington (Agencies): Interior Minister Ahsan Iqbal has said that China-Pakistan Economic Corridor (CPEC) will usher in new era of development , not in Pakistan but in the entire region .

    The minister expressed his remarks while speaking at an event regarding the significance of the CPEC at the Embassy of Pakistan in Washington D.C on Thursday. The event was widely attended by foreign policy experts as well as Pakistani American community members.

    He highlighted that major infrastructure projects related to CPEC were nearing completion within the timelines.

    Iqbal said that both China and Pakistan sought CPEC’s operationalisation at the earliest so that it can stimulate the economy and bring about a meaningful change in the lives of the people. Hinting at extending the project to other countries, he said there was great scope for the extension of CPEC projects.

    He also said that Pakistan’s economy has registered an impressive growth rate of 5.3 percent last year and was projected to rise to 6% in the current fiscal year. This would be further increased as the economic dividends of CPEC are realized.


    https://en.neonetwork.pk/09-Feb-201...-of-development-in-the-entire-region-minister
     
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    China - Pak Economic Corridor - CPEC

    Chinese investment in CPEC will cross $ 100 billion......

    China’s total contribution & investment in the CPEC project was analyzed by Planning Commissions Center of Excellence (COE) for CPEC & it came to light that the investment will cross $100 billion by 2030.

    The current projects that are going on & the upcoming new projects will add up the total contribution by China & it will definitely cross the $100 billion by 2030 as reported by The News.

    Dr. Shahid Rashid Executive Director, COE in a press briefing at Pakistan Institute of Development Economics (PIDE) said that the total CPEC projects cost has gone up to $62 billion from $46 billion. The expectation is that the cost will further increase to $100 billion by 2030. As more projects will be added & more money will be needed for those projects thus the $100 billion mark will cross.

    Mr. Rashid informed that COE for CPEC has been given the task to carry out research on various sides of the CPEC projects & grants will be given to the 107 researchers all over Pakistan.

    To a query relating to CPEC’s influence on Pakistan’s growing trade & economy, Dr. Rashid said that different studies & work is done to bring betterment in trade balance with China, but CPEC cannot solve all economic issues of Pakistan.

    He informed that CPEC is currently financing 39 projects $29 billion worth projects will complete soon.

    COE for CPEC furthermore revealed that from China’s goal to relocate it’s few industries, Pakistan can benefit. Islamabad should take advantage of this opportunity as Beijing is looking to relocate some of its industries in 68 countries all over the world, where different projects are ongoing under the One belt, One road (OBOR) initiative.

    China Overseas Port Holding Company Limited (COPHL) was handed over the Gwadar port on this he said that same terms were given to COPHL as were given to it Singapore Port Authority (SPA) but the latter didn’t work at all on it

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    China - Pak Economic Corridor - CPEC

    Gilgit - Skardu .... 164 Km road under construction by FWO.

    Road design includes five tunnels one of which is eight kilometers long. The road when completed shall reduce Jaglot - Skardu traveling time from presently about eight hours to less than three hours. It will be completed with 33 Billion Rs Dec 2019...Gilgit - Skardu, Gilgit Baltistan - Pakistan...

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    China - Pak Economic Corridor - CPEC

    CPEC update Zonergy's 3x100MW Solar Power Plants in Bahawalpur was an Early Harvest Project under CPEC. To fulfill commitment of earliest completion of the project for Pakistan, Zonergy even air-lifted the heaviest shipment of 76-ton main transformer to Pakistan....

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    Eurasia, the super-continent that will define our century..

    The end of the Cold War was supposed to inaugurate Europe’s age of reconciliations, when the continent, finally at peace with itself, would be able to exist as a unified whole. But reconciliation worked perhaps too well: the disappearance of the Iron Curtain also meant that Europe struggled to differentiate itself from the lands to the east. By expanding it might expand without limits; by retreating it might become an importer of instability.

    The decade that brought down the Berlin Wall was also responsible for opening China to global capitalism. Deep value chains were quickly established, together with the infrastructure - both physical and digital - necessary to make them work. It is frequently forgotten that this infrastructure was first developed by Western multinationals and financial institutions.

    In recent years, Chinese authorities have increasingly taken on this task and with the Belt and Road Initiative, a development project of unmatched ambition, they intend to be firmly in control. Spanning some 70 countries and requiring investment approaching $4 trillion, the initiative is deliberately intended to reshape the global political and economic order. China's trade with countries along the Belt and Road rose 17.8% year-on-year in January 2018.

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    With the disappearance of old, ideological battle lines and the establishment of new trade links, a new geographic entity has started to emerge: Eurasia, the supercontinent extending from Lisbon to Shanghai or even Jakarta. One could argue that this is a return to an older time, but the dawn of a new age would be a more exact description. Romantic images of the Silk Road or Marco Polo’s adventures cannot hide the fact that trade along those routes was insignificant and almost no one made the whole journey from sea to sea. As for Genghis Khan’s empire, practically limitless as it was to become, it still obeyed the iron laws of empire and was organized around a power centre. A genuine meeting between east and west is a creation of our own time.

    One immediate consequence of the new political geography is how Russia will define its position in the world. Traditionally, Russian elites see their task as that of bringing about a gradual but complete integration with a more advanced Europe. That vision is now being replaced with a new self-image as the centre and core of the Eurasian supercontinent. In this position, Russia can reach in all directions and provide a bridge between Europe and China on both ends. Asia, long associated with historical backwardness in Russian minds, is emerging as a pole of attraction.
    This takes us to the second and deeper meaning of Eurasia, as a historical age rather than a geographic unit. A lot has been written about a new Asian century and with four out of the five largest economies in the world soon to be located on the continent, the idea has some appeal. What it forgets is that Europe and the US will keep their power and wealth largely intact and that, in some crucial dimensions, Asian economies and societies still lag significantly behind. What the new century promises is not the emergence of a new centre but a world balanced between Western and Asian poles. Contrary to the Cold War, these two poles will be deeply integrated.

    Eurasia is a word perfectly suited to capture the main elements of this world, the first of which is contradiction. The new Eurasian century is not one where different regions of the world converge towards a single model. If the end of the Cold War allowed many in the West to entertain those dreams, they are conclusively over. All public and private statements coming from China speak of a country confident in its ability to master modern technology and build a modern society without in any way adopting a Western economic and political model. For the first time in many centuries, we are forced to live with cultural contradiction without immediately explaining it away as a result of societies existing at different stages of historical development.

    The second element is that of integration. For all their differences, the main political and economic blocs are increasingly integrated. Modern society by its very nature pushes towards larger spheres of action and technology breaks old barriers of geographic distance. By combining contradiction and integration, we are entering the second age of globalization, where borders tend to dissolve but cultural and civilizational differences do not. I call it the Eurasian age.

    Because Europe has taken the Western political model to its logical conclusion while China remains unique in its closure and resistance to Western influence, it is tempting to think of these two regions as setting the outer limits for Eurasian politics. Between them, major powers such as Russia and India will try to find different positions within the broad spectrum of alternatives. Finally, across the oceans, benefitting from a more distant perspective, the US may be expected to pick and choose from different models as it strives to preserve its leadership position, even if the world it wants to lead is now a Eurasian rather than Western one.

    Bruno Maçães' book, The Dawn of Eurasia, was published in January...
     
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    China - Pak Economic Corridor - CPEC

    N-70 Near Fort Manro Dera Ghazi Khan, Update on bridges being made to ease the slope.

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    China - Pak Economic Corridor - CPEC

    Thar coal mining, power and community projects in Thar would ensure economic uplift and poverty alleviation from the province.

    Sindh Engro Coal Mining Company (SECMC), a joint venture between Government of Sindh and Engro Power-gen Ltd, is all set to exploit huge Thar coal reserves and start generating power to supply to the national grid from early next year.

    SECMC is just 20 meters away from the first coal steam to supply coal to 660MWs of mine mouth power plant.
    70 percent work on both the mining and power projects have been completed ahead of schedule and first electron from Thar Coal Block II will start generating power by end of this year.

    “The power supply from Thar Coal block II will be the cheapest electricity in Pakistan.

    The different schemes in education, health, safe drinking water, women empowerment, skill development, have been initiated with the total cost of Rs. 4.5 billion.


     
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