11 am to 8 pm

Monday to Saturday

0321-1116000

jdbsays@gmail.com

`

Jannat Developers & Builders (Pvt) Ltd.

Compare Listings

8 CPEC energy projects under way: Chairman CPEC Authority

CPEC Authority Chairman Lt-Gen (retd) Asim Saleem Bajwa has said that after successful completion of phase one, the country is gearing up for the phase-II of the multi-billion dollar China-Pakistan Economic Corridor project, envisioned to generate massive employment opportunities for Pakistanis.

Asim Bajwa, tweeting from his fresh Twitter handle for the first time on Tuesday, said the CPEC project with across the board acceptability, is already bringing relief in energy and infrastructure sectors.

“Time to gear up for phase-II which is envisioned to generate mass employment through more projects, mass industrialisation, agricultural and socio-economic uplift,” he wrote.

The statement comes a week after Prime Minister Imran Khan directed all concerned ministries to set goals for schemes and ensure inter-governmental coordination for early conclusion of phase two of the multibillion-dollar project.

“The projects should be finalised on the basis of socioeconomic development and be completed at the earliest,” the prime minister said while chairing a high-level meeting held to review the progress on various projects under the CPEC last week.

Expedite work on CPEC phase II projects: PM Imran

Lt-Gen (retd) Bajwa, the former DG ISPR who has also served as commander Southern Command, was appointed as the first chairman of the newly-established CPEC Authority in November last year. The Authority was established through a presidential ordinance in October for coordination, monitoring and evaluation to ensure implementation of CPEC-related activities.

Commenting on progress made so far in the project, Bajwa said nine projects have already been completed, producing 5,320MW electricity with the investment of US $7.9 billion. The energy generating projects, he said, have provided jobs to 5,000 Pakistani citizens.

The CPECA chairman further added that eight more similar projects are being constructed to generate 4,470MW electricity with an investment of another US $ 9.55 billion and would provide employment to over 15,000 Pakistanis.

SOURCE:tribune.com.pk
img

Jannat Developers & Builders

Related posts

Pakistan would be the major beneficiary of CPEC: World Bank

Several studies are now available that analyse the impacts of Belt and Road Initiative and...

Continue reading
by Jannat Developers & Builders

Mansehra – Thakot section under CPEC is near completion

About 98 per cent physical progress on 79 km Mansehra – Thakot section of 118 km...

Continue reading
by Jannat Developers & Builders

China’s strategic support is vital to CPEC security

Nearly a year after Pakistan and India squared off in an aerial dual that brought the...

Continue reading
by Jannat Developers & Builders

Leave a Reply