ONE BELT ONE ROAD CHINA PAKISTAN ECONOMIC CORRIDOR. Abdul Qadir Memon Consul General of Pakistan Hong Kong SAR

Transcription

1 ONE BELT ONE ROAD CHINA PAKISTAN ECONOMIC CORRIDOR Abdul Qadir Memon Consul General of Pakistan Hong Kong SAR

2 OBOR Features Expanding the market: Easier access to Chinese products Creating regional growth Creating land and maritime link to developing neighboring countries and beyond Lower cost of transportation Ensure Energy/resource security Develop western regions of China

3 OBOR Funding Up to US$240 billion fund for OBOR related projects: China s Silk Road infrastructure fund: US$40 billion Asian Infrastructure Investment Bank (AIIB): US$100 billion New Development Bank of the BRICS countries (NDB): US$100 billion

4 OBOR Map

5 OBOR Corridors 1. China - Pakistan Economic Corridor 2. China - Mongolia - Russia Economic Corridor 3. Bangladesh - China - India - Myanmar Economic Corridor 4. New Asia-Europe Continental Bridge 5. China - Central Asia - West Asia Economic Corridor 6. China Indochina Peninsula Economic Corridor

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8 Introduction to Pakistan

9 Introduction to CPEC

10 Gwadar Economic Zone

11 CPEC Corridor

12 Bilateral MoU Prime Minister Muhammad Nawaz Sharif s visit to China in July 2013 his first official overseas trip since assuming office marked a new phase in the development of the relationship by putting economic cooperation and connectivity squarely at the center of the bilateral agenda

13 CPEC Institutional Structure Joint Cooperation Committee (Co-Chaired by Minister PDR and Vice Chairman NDRC) Planning Joint Working Group Energy Joint Working Group Transport Infrastructure Joint Working Group Gwadar Joint Working Group Industrial Parks/Economic Zones Joint Working Group (To be formulated)

14 China Pakistan Economic Corridor Khunjrab GWADAR KHUNJRAB ROUTES Western Passage Khunjrab Gwdar = 2,459 Km Central Passage Khunjrab Gwdar = 2,542 Km Eastern Passage Khunjrab Gwdar = 2,769 Km 14 KKH (N-35) Khunjrab Burhan 784 Km Taftan Turbat H Gwadar Chagai Kharan H Surab Lakki Marwat Mianwali Mindi Bahauddin H Gujrat Sailkot Wana Khushab M2 N5 Tank Sargodha Gujranwala H Hafizabad Narowal D.I.Khan Darya H Chiniot Sheerani Khan Nankana Bhakkar M3 Sahib Lahore Zhob Jhang Faisalabad Qila Gojra Chaman Kasur N50 N55 H H Saifullah Musa Khel Layyah T.T.Singh Qila Abdullah Pishin N50 H Okara Sahiwal Ziarat Loralai N5 D.G. Khanewal Pakpattan Khan MultanM4 N70 Kohlu Vehari Muzaffargarh Bahawalnagar Mastung Barkhan Kachhi Sibi Lodhran N25 Long Term Bahawalpur Dera Bugti Alignment Kalat N65 Rajanpur Quetta Nushki Jacobabad Rahim Yar Khan H Kashmore Rato Besima Khuzdar Dero Shikarpur H H Washuk M8 Qambar Nag N30 N655 N105 ShahdadkotH Larka Sukkur Khairpur H N255 na N155 H Wadh N85 Panjgar N85 Mashkai Hoshab N10 M8 N40 N10 Awaran N25 Uthal Karachi Dadu Dera Murad Jamali Naushahro Feroze Shaheed Benazirabad Matiari Sanghar Mirpur Khas N120 Hyderabad Bannu Hangu Jamshoro Umerkot M9 Tando Muhammad Khan Tharparkar Thatta Badin N110 N305 Bin Qasim Port Chitral Bajaur Peshawar N5 N55 H Karak N45 Dir Kalam Shan gla H Swat Battagram Malakand Mardan H Charsadda Abbottabad Swabi H Nowshera Attock N80 N95 H H Ghizer Kohistan S2 Diamir N35 H H Neelum Mirpur Bhimber H Jhelum Astore Mansehra Muzaffarabad M1 N125 N15 S3 Hattian Chakothi Bagh Raikot N75 Islamabad Rawalpindi Chakwal S1 Sakrdu Ghanche National Highways LEGEND National Highways Total Length: 12,131 Km

15 CPEC - Timeframe Short Term Medium Term Long Term

16 Progress of CPEC 6 th JCC held in Beijing, Dec 29, 2016, expressed satisfaction over the progress of CPEC projects Two new projects for each province added in CPEC Two Economic Zones for each province prioritized for early action First Trade Convoy Special Security Division

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18 Trade Convoy 18 Operationalization of CPEC through launching of first ever mega trade convoy, transporting goods from Kashger to Gwadar, November 2016

19 19 Trade Convoy -13th Nov.2016

20 Opportunities in Pakistan 20 CPEC Parallel Economic Activity Allied Opportunities of CPEC Projects Projects outside CPEC

21 SPECIAL ECONOMIC 21

22 Proposed Special Economic Zones 22 Region No of SEZs Khyber Pakhtunkhwa (KP) 17 Balochistan 9 Sindh 4 Punjab 4 Gilgit-Baltistan 1 Islamabad Capital Territory 1 AJK 2 FATA 1 TOTAL 39

23 SEZs Incentives 23 Developers one time duty exemption for plant and equipment imported into for the development operation and maintenance of a SEZ entity; exemption from all taxes on income accruable in relation to the development and operation of the SEZ for a period of ten years Zone Enterprises exemption from custom duties and taxes on imports of plant and equipment into the SEZ for installation therein; exemption from all taxes on income for a period of ten

24 GSP plus- unexplored potential 24 Under GSP Plus Scheme, products produced in Pakistan can be exported to European market free of duty Duty free access in EU coupled with low cost of production in Pakistan, will give competitive advantage to China, if Joint Ventures are established and production base is shifted to Pakistan

25 PETROLEUM PROJECTS 25

26 Gwadar-Kashgar Cross Country Oil Pipeline 26

27 Present Route for Oil Cargo to Upper China (10,500 Km) 27 Kashgar Beijing China Pakistan Shanghai Persian Gulf Gwadar Karachi 27

28 OIL JETTY AT PORT QASIM 28

29 AGRICULTURE & ALLIED 29

30 ENERGY 30

31 ROADS & REAL ESTATE INFRASTRUCTURE 31

32 MINES & MINERALS 32

33 MANUFACTURI 33

34 Criticism on CPEC Colonialism/Imperialism Influx of Chinese population Debt burden Infant industry competition

35 Opportunities for Hong Kong Infrastructure Many Hong Kong contractors are ranked very high on a global scale and have the qualities and resources to pursue infrastructure opportunities along the belt and road Finance raise funds for the Asian Infrastructure Investment Bank (AIIB) via bond offerings, developing yuan products, or providing project financing for individual companies

36 36 Thank you

37 Energy Projects -Under Implementation 37 No. PROJECTS MW 1 Port Qasim Electric Company Coal Fired, Sindh Sahiwal Coal-fired Power Plant, Punjab ENGRO Thar Coal-fired, Thar, Sindh HUBCO Coal Power Plant, Balochistan Gwadar Coal Power Project (Final stage of discussions) Surface Mine in Block II of Thar Coal field, 6.5 Metric Ton Per Annum, Thar Sindh 7 Quaid-e-Azam Solar Park, Bahawalpur, Punjab UEP Wind Farm, Jhimpir, Sindh Dawood Wind Farm, Bhambore, Sindh Sachal Wind Farm, Jhimpir, Sindh Suki Kinari Hydropower Station, KPK Karot Hydropower Station, AJK & Punjab 720

38 Transport Infrastructure 38 No. PROJECTS KM Roads 1 KKH Phase II (Thakot- Havelian Section) Peshawar-Karachi Motorway (Multan-Sukkur Section) 392 Rail Sector Projects 3 Expansion and reconstruction of existing Line ML-1 and establishment of Havelian Dry Port 1,872

39 Gwadar Projects 39 No. PROJECTS 1 Gwadar - Free Economic Zone 2 Eastbay Expressway 3 Gwadar International Airport 4 Construction of Breakwaters 5 Dredging of berthing areas & channels 6 Infrastructure for Free Zone & EPZs port related industries 7 Necessary Facilities of Fresh Water Treatment and Supply MW Coal Fired Power Plant 9 Pak China Friendship Hospital at Gwadar 10 Technical and Vocational Institute at Gwadar 11 Gwadar Smart Port City Master Plan

40 Other Projects 40 No. PROJECTS 1 Cross Border Optical Fiber Cable 2 Digital Terrestrial Multimedia Broadcast (Pilot project completed)

41 Long Term Perspective (2030) 41 Highways/Railways networks Energy, Oil & Gas pipelines Gwadar industrial cooperation Telecommunications Trade & Commerce,, investment, industry, agriculture Tourism, Services Maritime Water Resources Finance