China's overland Silk Road and Maritime Silk Road Thread

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India is warning "One Lifebelt, One Road" as "Chinese debt trap" but it has practice same for many years with its small neighbours. For example India has tight grip of influence in Bhutan with loan and exclusive deals so that Bhutan has total loan of 118% of its GDP of which 78% is owed to India. Recently it started to do the same with Hasina lead Bangladesh government in return of transit and road access to its easter states.
 

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China to invest heavily in oil and gas sector in Khyber-Pakhtunkhwa

A Chinese CCK Group delegation visited Khyber-Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) on Thursday, and held detailed discussions to explore investment opportunities in this sector.

The Chinese delegation, led by Tao Ye, discussed prospects of cooperation in oil and gas projects with KPOGCL CEO Muhammad Raziuddin.

Raziuddin said that KPOGCL was committed to take the vision of the government forward and all necessary steps were being taken for the betterment and uplift of the province.

He said that there existed a lot of investment opportunities in oil and gas projects and all technical and commercial terms were being looked upon closely.

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Number of Chinese workers working on CPEC projects 8000, Pakistani engineers over 30 thousand.

In the first phase, more than 30,000 Pakistani engineers and workers are working on ongoing CPEC in electricity, highways and other sectors, the data does not reflect the impression that only Chinese engineers and workers work on CPEC projects.

Sources of the Planning Commission said that Chinese citizens working on CPEC projects are 8,000 and it has been limited to at least 25 percent. The reviews issued by different organizations are being said that due to the launch of mega projects in different packages of CPEC, millions of jobs will be created for Pakistanis, according to the data of international labor organization.

According to CPEC & Applied Health Research Center, 400,000 people will receive medical services. Around 700,00 people will receive employment, Planning Commission of Pakistan estimates that from 2015 to 2030 plus local people will get new opportunities for jobs.

According to sources, 16,000 Pakistanis have got jobs in the energy sector under CPEC, including ordinary workers as well as hundreds of engineers, large coal power plants on the port Qasim Coal power plant. While Sahiwal and Qayyazim solar power project are operating 3,000 Pakistanis. These engineers will gain knowledge and experience regarding this new coal power plant, so these trained engineers will prove to be a valuable assets for Pakistan in the future.

According to sources, construction work on two projects in Ski Kranri and Cruise Hydro Project is going to begin, due to which more than 6,000 jobs will be available, energy as well as 13 thousand in the projects of the highways.

Due to ongoing construction work on Multan Sukhar section of Peshawar Karachi Motorcycles, 8,800 Pakistani engineers and workers have been employed, while the Phase II, Phase-I, Phase-I of the Departments section 2071 and Orange Line Metro, 956 on Lahore and 580 Pakistanis on Fiber Optic Project Jobs have got employment, 404 locals have got employment opportunities due to the construction work at the free zones in Gwadar, while others around 2000 are also extending successfully.

According to authorities, the completion of this project and the establishment of industries here, thousands of youth of Gwadar and Balochistan will get jobs. Authorities also say that this year, other mega projects in Infrastructure sector, MLN-Pakistan Pakistan Railways, will have new opportunities for thousands of jobs from the beginning of the inaugural ceremony of the Gwadar Airport and Gwadar East Bay Express.

In a careful measure, this number can be more than 15 thousand. Officials say that these figures have been clear that more than 75% of Pakistani workers are working on ongoing CNC projects, which is undoubtedly enough to reject negative propaganda.

In addition to these schemes, construction of ongoing CPEC projects under public sector development program, especially on Western Route, has built construction of Dera Ismail Khan Motorway, with only thousands of workers on the project and only Pakistani workers and engineers are there.

It is clear that thousands of people have been indirectly affiliated with ongoing CPEC projects. Recently double growth has been recorded in the country's cement and steel sectors.

According to officials, industrial cooperation is being started under the CPEC. In this sector, millions of people will get jobs in collaboration with Pakistan and Chinese cooperation and in fact, the CPEC will change the destiny of Pakistan.

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Eastern Route: 62 km Gojra Shorkot Motorway (M-4)..

The construction of 62-kilometre Gojra-Shorkot section of 230 km Faisalabad-Multan Motorway (M-4) is in full swing and the project will be completed by March 2018.

The first package, comprising 31 km Gojra-Jamani section, will cost Rs8.35 billion and 44% of work has already been done by Xinjian Beixin of China with Switzerland’s Renardet SA acting as consultants.

The 31km Jamani-Shorkot portion will cost Rs8.83 billion and is being constructed by China Railways First Group with Renardet SA working as consultants.

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Petroleum ministry to execute Rs190mln new projects in
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The ministry of petroleum and natural resources would execute two new projects worth Rs190 million for coal exploration and evaluation in different localities of Balochistan, besides carrying out a survey for underground water in Quetta.

"Of the total Rs190.033 million estimated cost, an amount of Rs88.023 million has been allocated to carry out two new schemes for coal exploration and evaluation in Nosham and Bahlol areas of Balochistan, and the underground water survey," sources said on Friday.

The ministry would spend Rs554.291 million under the Public Sector Development Programme (PSDP 2017/18) to execute four ongoing and two new projects to step up exploration activities of natural resources for achieving self-reliance in the energy sector.

An amount of Rs415.807 million has been earmarked to acquire four drilling rigs and their accessories for the Geological Survey of Pakistan, while Rs37.977 million would be spent on the appraisal of the newly-discovered coal resources in Badin and its adjoining areas of Southern Sindh.

The funds amounting to Rs8.992 million would be utilised in exploration and evaluation of metallic and minerals in Bela and Uthal areas of Lasbela district, Balochistan. Similarly, Rs3.492 million has been reserved for exploration of tertiary coal in the Central Salt Range of Punjab.

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