Western Route Of CPEC To Be Completed By 2018
Islamabad: The western route is very much part of the China Pakistan Economic Corridor (CPEC) and it will be completed by 2018 and more importantly the $51.5 billion project is undoubtedly a game changer which would help Pakistan attract mammoth $150 billion investment, reveals the latest PowerPoint presentation of the government.
This is totally opposite of the negative propaganda launched by Khyber Pakhtunkhwa Chief Minister Pervaiz Khattak and some opposition parties that have recently hurled allegations on the government pleading that the western route does not exist in the CPEC project.
The KP chief minister leveled such allegation by referring to his discussion with the Chinese ambassador in which the envoy told him that the western route does not exist.
The Chinese embassy has denied it any such claim and said that China ambassador has never said this to the KPK chief.
India knows the significance of the project since it will help Pakistan with the new outlook on the global map with the sound economy. But without realizing the Indian designs, some politicians are hell-bent upon making CPEC a controversial project without knowing the facts. For more pain to India, the size of the CPEC the size of CPEC has been increased to more than $51.5 billion after China and the Asian Development Bank (ADB) agreed to lend $8 billion to upgrade the main railway line from Karachi to Peshawar.
The Chinese embassy said on November 12, 2015, that the fifth meeting of Joint Cooperation Committee (JCC) of the CPEC approved the principle of “one corridor with multiple passages”, aiming at directly benefiting the socio-economic development of Pakistan, especially the western and north-western regions and providing effective connectivity to Gwadar Port.
The spokesman said that the Monographic Study of Transport Plan was approved in 5th JCC, which clearly mentions that Burhan-DI Khan-Quetta-Sorab section would provide connectivity between major connection points of CPEC and would connect the western areas of Pakistan. He said that the CPEC was for Pakistan as a whole and would bring benefits to all Pakistani people including the people from the western parts.
With the joint efforts of both sides CPEC projects are running well throughout Pakistan, and being implemented. After the denial by the Chinese embassy, the dust should be allowed to settle down and the situation requires the political parties not to make CPEC controversial.
The presentation says the western route will be completed by 2018 which means that the CPEC, which is really a game changer project. Authorities said the projected investment will definitely help Pakistan emerge in the world map as Asian Tiger.
Harvard has predicted that Pakistan GDP growth will continue to hover at 5.07 percent for next eight years and the CPEC project will also play pivotal role in further increasing the GDP growth. The federal government has allocated at least Rs49.5 billion under the Public Sector Development Programme (PSDP) in the fiscal year 2016-17 for the completion of the western route of the CPEC. An amount of Rs22 billion has been allocated for DI Khan Motorway’s Burhan-Hakla section for ongoing financial year 2016-17, Rs5 billion for Gwadar-Turbat-Hoshab section, Rs4 billion for Hoshab-Nag-Basima-Surba section, Rs1.1bn for DI Khan-Mughalakot section, Rs16.5 billion for Thakot-Havelian section and Rs4.6 billion has been set aside for Burhan-Havelian Expressway.