21 new stations and coaches are added in CPEC Projects.180 new coaches are currently ready for carriage and there will be many more in the future. Some other important planned and under-construction SEZs in Pakistan include Bostan Industrial Zone, Allama Iqbal Industrial City (M3), Faisalabad, Industrial Park, ICT Model Industrial Zone, Islamabad, Steel Mills, Karachi, Special Economic Zone at Mirpur, AJK, Mohmand Marble City, Moqpondass SEZ Gilgit-Baltistan. Now, we are going to enlist and discuss all the latest CPEC developments in Pakistan along with shedding light on their regional significance. CPEC Gwadar Projects. These projects are divided into different categories. Some of the key benefits of investing in Free Zone include exemption on customs duties for operation and construction activities, 100% ownership for foreign investors along with flexible visa regulations. Havelian Dry Port Cargo Facility is being developed to fulfil the demand for the freight traffic of the trade routes of Pak-China Economic Corridor. The railway is the major source of Transportation for carrying goods and imports and Exports. Once fully developed and functional, the port city of Gwadar will become an international trade hub for Pakistan. Several modern tunnels are being constructed along with the project, which will effectively bring down the time it takes to cover the distance between Islamabad and Mansehra to five hours. As of now the area that has been allocated for the Free Trade Zone is around 2,280 acres. M-5 accounts for 392 kilometres of the 1,100-kilometre project. It contains two major coal projects of 660 MV under Thar –I along with Thar – II. These show how the Gawadar project will be move-in the future. CPEC projects to strengthen railway network in Pakistan are as under: Mainline-1 (ML-1) is one of the most important CPEC Projects in Pakistan. Their first target is on hydro projects and looking forward to gaining 25% of its all electricity requirements with hydroelectricity up to the year 2030. As a part of the China Pakistan Economic Corridor, the restoration and upgradation of the N-50 section will be carried out from the town of Yarik in DI Khan, Khyber Pakhtunkhwa. It is also financed under the banner of CPEC. It is going to serve as the main artery for Gwadar Port through, which will significantly ease the flow of the traffic. There are many other energy projects that include the construction of East Bay Express and which connect Gawadar with Makran Coastal Highway. These CPEC impact very positively on the property business as well. With an installed capacity of 49.5 MW, it is constructed on 1,720 acres of land near the city of Banbhore in Sindh around 80 kilometres east of Karachi. There are also plans regarding 4693 KM Khunjerab Pass. As per the masterplan of the project, a dry port will soon be constructed at Havelian on the railway land. Known as the first investment project of the Silk Road Fund, The Karot Hydropower Station is part of China–Pakistan Economic Corridor, which is expected to be completed by 2021. China-Pakistan Economic Corridor (CPEC), massive bilateral project to improve infrastructure within Pakistan for better trade with China and to further integrate the countries of the region. There are other major projects on Pakistan Port Qasim Power Project in 1320 MV NEAR Port Qasim. CPEC PROJECTS. We also include projects that the media in Pakistan associates with CPEC, or those that … Let us know what you think about all these signs of progress made under the banner of the China-Pakistan Economic Corridor by emailing us at [email protected]. About CPEC, he said, over 60,000 Pakistanis had been employed with CPEC projects. Zorlu Enerji is already working under CPEC. Recently Greater plan of Gwadar introduced recently which shows all the roadmaps, routes, and allocation of lands for different projects, industries, security camps, security checkouts and much more. According to a bill passed in the National Assembly in 2016, policies for the tax exemptions for Free Zone have been laid down and communicated. Connect with us socially on Facebook, YouTube and Instagram. Due to CPEC, there will be major changes in the Railway sector which includes different graduation. Gwadar East Bay Expressway is planned as a 6-lane expressway, which will be connected with a 30 metres wide railway corridor, running across the 2300 acres of Free Trade Zone of Gwadar, linking with the Makran Coastal Highway (N-20). Port Qasim Electric Company Coal Fired. Industrial Cooperation Financial Cooperation Agricultural Cooperation Tourism Educational linkage Human resource development Health Care People to people contact Increase in livelihood opportunities Enhance Security and stability of the region In Pind Dadan Khan there is another small coal project of 300 MV. There is a different project of reconstruction and up-gradation on National Highway 35 which is known as (N-35). You can get all the list of all major CPEC Development Details. China is a trading country and mainly depends upon trade. The Thakot to Havelian section of the Karakoram Highway is planned to run 118 kilometer as a 2-lane highway. One Sahiwal coal power project with a cost of 1.8 billion$ is fully operated and providing 1320 MV. There is a lot of Hydropower project and other renewable energy resources but still, CPEC projects are based a lot on coal energy. 1. Never miss out on any of the latest updates from our blog section by subscribing to our email newsletter. The Government of Sindh has undertaken another groundbreaking project according to which 1530 acres of land will be developed as Dhabeji Special Economic Zone in Thatta, It is one of the most important projects, which are being carried out under the banner of China-Pakistan Economic Corridor (CPEC). The new airport will be equipped with stand of the art facilities and will have the capacity of handling larger aircraft like ATR 72, Boeing (B-737) Airbus, (A-300) and Boeing (B-747) for both domestic and international flight operations. Owing to the region’s noteworthy renewable energy potential, some of the major developments to harness clean energy from natural resources in Pakistan are as follows: The Quaid-e-Azam Solar Park is a large-scale photovoltaic power station located on the outskirts of the city of Bahawalpur in Punjab. Be built is located in Khyber Pakhtunkhwa of China–Pakistan Economic Corridor whole and will bring benefits the. 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