43 CPEC projects worth $24.703 billion completed, NA told during the Question Hour.
The government disclosed the financial details of the China-Pakistan Economic Corridor (CPEC) in the National Assembly on Wednesday. Officials from the Ministry of Planning, Development, and Special Initiatives reported that 43 projects valued at $24.703 billion have been completed with Chinese collaboration under CPEC. Additionally, eight projects worth $759.56 million are currently in progress.
In response to a query from Tahira Aurangzeb during Question Hour, the National Assembly was provided with details of the ongoing projects. It was revealed that two projects are located in Balochistan, two in Khyber Pakhtunkhwa (KP), and one each in Sindh, Punjab, Islamabad, and nationwide.
The Balochistan projects include the infrastructure development of Gwadar Free Zone Phase-II, funded through foreign direct investment (FDI), and the Bostan Special Economic Zone, executed via a public-private partnership (PPP).
In KP, the Rashakai Special Economic Zone is being developed with a combined FDI/PPP funding of $146 million, and the maintenance and renovation of 50 schools in newly merged districts is supported by a grant of Rs15.7 million.
Sindh’s project involves the Dhabeji Special Economic Zone, which is progressing with private investment and PPP funding of $27 million. Punjab’s project focuses on the Allama Iqbal Industrial City (AIIC), receiving $160 million in assistance through the Annual Development Programme (ADP).
Islamabad is hosting the Bacterial Grass (Juncao) Training and Promotion Project, financed by a $3.66 million grant. Meanwhile, the nationwide project involves the rehabilitation and reconstruction of flood-affected infrastructure, supported by a $116 million grant.
Parliamentary Secretary for Planning, Development, and Special Initiatives, Wajiha Qamar, informed the National Assembly that Gwadar Port is fully operational and equipped for handling general cargo, containers, and other shipping operations. The port accommodates vessels up to 50,000 deadweight tonnage (DWT) and has the infrastructure to support bulk and containerized cargo. Qamar also mentioned that multiple shipments under the Afghanistan-Pakistan Transit Trade Agreement have been successfully processed.
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