‘No public power project on CPEC list’

no-public-power-project-on-cpec-list

‘No public power project on CPEC list’ LAHORE: Water and Power Development Authority member (power) Badrul Munir Murtaza says no public sector hydel project is the part of the China Pakistan Economic Corridor (CPEC).

“The government may include Diamer Basha and Bunji dams in the project or may plan some other project at a later stage,” Mr Murtaza told reporters at the launch of Pakistan chapter of renowned Chinese company — the China National Electric Engineering Company (CNEEC) — at a local hotel on Thursday.

Chinese Consulate Consul General Yu Boren told reporters China gave the CPEC importance and the corridor would surely boost Pakistan’s economy.

“The two countries’ history of relation is unique; China is helping Pakistan through the CPEC which has projects worth $46 billion. And it is all due to the Chinese president who always regards relation with Pakistan very special one,” he added.

He said the Sahiwal coal-fired power plant would start power generation by the mid of next year.

Punjab Energy Secretary Asad Rehman Gilani said the government would award projects to those companies that fulfill the criteria laid down under the law.

“We welcome the launch of CNEEC’s Pakistan chapter. The company may enter into any of our hydel, bio mass projects’ bidding subject to fulfilling the criteria,” he added.

Company’s Pakistan chapter chairman Wu Guisheng pledged to strengthen friendship between the people of Pakistan and China.

“We’ve contributed to the energy sector of Pakistan by utilising their knowledge and management skills,” he said.

He said the training of Pakistani engineers had been a focal agenda of the CNEEC for the future projects.

“We will further strengthen the cooperation with the Punjab government in the energy and infrastructure construction sectors and will execute the key projects of the National Transmission and Dispatch Company,” he added.

CPEC policy: China has great importance towards its relations with Pakistan and will continue to further promote cooperation in different sectors. Pakistan-China ties have touched new horizons and avenues of trade and economic cooperation.

Chinese Consul General Yu Boren said this at a seminar “CPEC opportunities”, arranged by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), regional Lahore office, on Thursday.

Punjab Secretary for Industries Khalid Sherdil said the provincial government was planning to introduce a CPEC policy soon for streamlining its activities. The government was also considering to have an institutional framework to execute the $46 billion CPEC under a long term plan till 2030.

He said of the $46 billion to be invested under the CPEC initiative in Pakistan, road, infrastructure and energy projects had already been in the active implementation phase while the industries sector was being collaborated.

The government was working on one window which would enhance business activities, Mr Sherdil said, adding three industrial estates of Punjab had been declared special economic zones.

He said Chunian was also proposed to be the next industrial estate which would be good location for the CPEC promotion.

FPCCI Vice President and Regional Chairman Mian Rehman Aziz said the CPEC was a long-term systematic project and was gradually entering the phase of full implementation from planning.

He said Pakistan was facing political and administrative instability, insurgency, terrorism, ideological conflicts and separatist movements which might impact the CPEC.

He envisaged if the CPEC was to be a success, efforts with political reforms at home needed to become more adept at diplomacy and supplement.

Mr Aziz said Chinese were taking various initiatives for CPEC promotion in line with the “Belt and Road” national strategy of China, together with various national and international institutions all over the globe.

Source: http://www.dawn.com/news/1283015/no-public-power-project-on-cpec-list

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