CPEC is considered the game-changer project for Pakistan and China. Allah has blessed Pakistan with a river, mountains, beautiful visiting places and above all a port on the most important sea route of the world. It is a major source of trade for Pakistan, China, Iran, and all the gulf countries. China is a trading country and mainly depends upon trade. It will upon in numerous new opportunities not only for Pakistan but also for China.
Pakistan's government is providing security along with all the other resources and with collaboration with the Chinese government, they establish different kinds of energy projects along with the corridor from Gwadar to China. You can get all the list of all major CPEC Development Details.
These projects are very much valuable as they are a major source of energy, transportation, security, trade, and business. These projects are considered as the backbone of CPEC and they are planned in such a way that they can spread the resources to every part of CPEC. These CPEC impact very positively on the property business as well.
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. These show how the Gawadar project will be move-in the future. They also linked with all the upgoing projects related to CPEC.
Here is a list of projects. These projects are divided into different categories.
Projects in Gawadar Port and City.
1.Gawadar Port Complex
Gwadar is the main central hub and that’s why on the top priority government is developing and establishing it. It was mainly started working in 2002 and completed in 2007 however according to the new master plan this is developing again by the government though proper resources. It will be upgraded with security, industry, residential and special zones for docks and large ships will be built. There will be special; Economic Zones of China which will be controlled by China.
2.Projects in Gawadar City
If we specifically talk about the expansion of Gwadar there are different things on which development is under progress. First of all, there are different residential places, parks, and routes. China's government also spends 230$ million on Gwadar International Airport which is totally non-refundable. There are many other energy projects that include the construction of East Bay Express and which connect Gawadar with Makran Coastal Highway.
Pakistan's government is also establishing a training center named Pak- China Technical and Vocational Institute at Gwadar. There are almost 8 to 9 projects for the development of Gawadar City. You can get all Property Details in Gwadar from our blog on Gwadar as the next destination from real estate investors.
Routes and Infrastructure are the most important part of CPEC. There is a different project of reconstruction and up-gradation on National Highway 35 which is known as (N-35). It includes road construction of 887 kilometers from Pak-China near Hasan Abdal. It also includes a 487 Kilometer from Burhan near Hassan Abdal to Havelian.
In these different roadway projects in Sindh and Punjab region are designed for construction. First 1152 KM which linked two of the top major cities of Karachi and Lahore. It is mainly divided into 4 sub sectionS from Karachi to Lahore. It will be a 6 lane motorway which is designed to move transport very fastly. The first section provides high-speed access from port Karachi to Hyderabad and interior Sindh. Construction is under process from 2015 and soon it will be complete.
3. Western Alignment
Western Alignment is very much important from the transportation network from different provinces of Pakistan like Punjab, Balochistan, and KPk.In this motorway and routes and expended in KPK, western Punjab and the main cities of Balochistan like Quetta. It also connected the routes with the Gwadar and that’s why it carries a lot of importance. All these work of different motorways like M1, N50, N25, M8 to Gawadar.
Linked Roadway Projects
1.ADB Funded Projects
Asian Development Bank also funded different important projects of CPEC. It contains a 184 Kilometer long M-4 Motorway between Faisalabad and Multan. It's mainly not a CPECProject however its still very much important in CPEC from transportation point. These projects are funded by the Asian Infrastructure Investment Bank.
2.Future Central Alignment
There are also future plans for converting all the roads into a central state in such a way that it will connect all the routes in a central Allignment. It contains major cities like Basima, Khuzdar, Sukkur, Rajanpur, Layyah, Muzaffargarh along Dear Ghazi Khan in direct connection with karokarm.
Energy Sector Projects
After the expansion and major working on routes and motorways, the energy sector is most important. It also includes different projects along with the roads and CPEC.
- Renewable Energy
1. Renewable energy is a better source of energy and Pakistan has decided to prioritize these projects. 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. There are many other projects such as the world's largest solar project at 6500 acres known as Quaid e Azam Solar Park near Bahawalpur.
2. Another important project in Jhimpir Wind Power Plant which is built by a Turkish company. Zorlu Enerji is already working under CPEC. The other major projects are Dawood Windpower Project and Hydro China.
3.SK Hydro Consortium for 870 MV along with Suki Kinari Hydropower Project in Kaghan Valley KPK.The China Silk Road Fund to 720 MW Korat Dam which is under construction under the CPEC plan.
4.44500 MV Project is also in discussion with china on Diamer Basha Dam. It is also financed under the banner of CPEC. There are other major Hydro Projects including Kohala Hydropower Project. Of $2.4 billion of 1100 MV.
There is a lot of Hydropower project and other renewable energy resources but still, CPEC projects are based a lot on coal energy. Different coal power projects with an estimated budget of $5.8 billion worth expected to be completed in early 2019. Another coal-based project will be under construction which provides coal-based electricity 660 KV between Multan and Lahore with the capacity of 2000 MW.
- Punjab is the most important part of different projects in CPEC. One Sahiwal coal power project with a cost of 1.8 billion$ is fully operated and providing 1320 MV.
- In Pind Dadan Khan there is another small coal project of 300 MV.
It is the most closet province to Gwadar which is the main point of all CPEC. If we talk about the major energy projects in this province contain 970$ million coal power plant at Hub Power Company as part of a larger 2$ billion project to produce 1320 MW. There is another coal project of 300 MV Coal Power Plant in the city of Gawadar on interest-free loans.
It contains two major coal projects of 660 MV under Thar –I along with Thar – II. It will be expected to enhance and future and add in National grid Station with the help of Nepra. There are other major projects on Pakistan Port Qasim Power Project in 1320 MV NEAR Port Qasim.
The railway is the major source of Transportation for carrying goods and imports and Exports. Due to CPEC, there will be major changes in the Railway sector which includes different graduation. It includes the rebuilding of the entire Line 1 railway between Karachi and Peshwar. Its single track handles 70% of the traffic. In this project, Mainline 2 and the mainline 3 railway are also in the construction process. There are also plans regarding 4693 KM Khunjerab Pass. These lines will provide direct access for Chinese and East Asian goods to Pakistani seaports at Karachi and Gawadar by 2030.
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. It contains the following major projects.
Main Line 1
Main Line 2
Main Line 3
Others Sectors of Development.
CPEC is a large project and it is not limited up to energy and transportation. China and Pakistan are collaborating are working in many other sectors which can play an important role.
It includes major sectors of Pakistan like Skilled Education, Agriculture, Science, and Technology. There are lot of opportunities and chances of growth for Pakistan and China in CPEC and that’s why it's getting very much important from a property point of view. There is a lot of opportunities for the real estate sector.
Zameenforyou as Pakistan's Best Real Estate Portal providing your details all the details along with the major development, opportunities in Gwadar which is definitely a game-changer for Pakistan and China. You can also get all the property details which can help you make a better understanding that what are best properties and areas where you can invest your capital and get maximum profit. There is a lot of space for residential and hoteling and you can be one to make a successful real estate business in Gwadar.