Nawaz for giving 'Hong Kong like status' to Gwadar

farhan_9909

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ISLAMABAD: Prime Minister Nawaz Sharif on Friday expressed optimism on the possibility of transforming Gwadar in Balochistan into a successful free port on the same lines as Hong Kong to attract foreign investment and boost national economy.

The prime minister was chairing a meeting at the prime minister's office to discuss the Kashgar to Gwadar economic corridor that would open up new areas for economic activity and generate employment.

He announced that the Chinese Delegation coming to review plans for options regarding the proposed economic corridor would reach Pakistan on Monday.

Sharif also approved in principal upgradation of the existing railway track system between Karachi and Peshawar at a cost of US 2.7 billion dollars.

The two-year project would modernise signaling, communications, locomotives and enable the trains to run at a speed of 120 km per hour. This would also shorten the time needed to travel between Karachi to Lahore from 18 to 12 hours and between Karachi to Peshawar from 27 to 17 hours.

Minister for Railways Saad Rafique said around 67 per cent of the country's rail track was overage and so was its entire locomotives fleet and signaling system.

The prime minister also proposed construction of a new airport for Islamabad at Rawat, construction of new tunnels, train links and roads across the country.

He, however, noted that the economic activity in the country could only be expedited once there was peace and tranquility.

Mentioning the recent deliberations of the Defence Committee of the Cabinet that discussed the issue of extremism and terrorism, the premier said there was also a need to address the energy crisis on urgent basis.

PM Sharif stressed the importance of a meaningful interaction with militants and said it will help address all issues. "Importance of dialogue could not be ruled out," he said.

"The country could not progress unless law and order situation improved"¦..it would pave way for economic prosperity, said the prime minister recalling his visit to China where the Chinese side expressed concerns about security situation in Pakistan.

He said Pakistan had to tender apologies for the killings of Chinese nationals in terror-related incidents. "How long will we tender apologies? We need to rectify the wrongdoing," the prime minister said.

Referring to the Economic Corridor, the prime minister said both sides were taking keen interest in the project as not only China but the entire region would benefit from this mega project.

He said Pakistan-China Economic Corridor was future of the country. He recalled his earlier meetings which discussed the Trade Corridor from Kashgar to Khunjerab and Gwadar and in principal, approved the proposed alignment of Pak-China Trade Corridor, with the directions to further evaluate the proposal in terms of time and cost efficiency.

"Gwadar Port would help reduce the time needed for transportation of Chinese exports from 16 to 4 days, besides reducing the cost considerably."

The prime minister said that as the mega project would go through underdeveloped areas of Pakistan, it would also help develop those areas and bring them at par with the developed ones. "It would connect all the provinces and all the regions would equally reap the benefits of the project," he added.

He said the existing Motorways could be handed over to the private sector to generate around Rs 250 billion annually that would help fund construction of new roads. The prime minister directed that the existing and the new motorways be linked with the highways to improve connectivity.

Nawaz Sharif said that the proposed tunnel through the Margalla hills to link Islamabad with Haripur would provide a shorter route to the commuters of Gilgit-Baltistan, Mansehra and Abbottabad.

He said the Islamabad Expressway would be extended up to Muzaffarabad and Lower Topa - Havellian portion would be soon built. He added that the Islamabad-Muzaffarabad Expressway project was his vision and it had been planned in his previous government.

The premier also pointed that the new airport being constructed near Fatehjang had design faults and there was a need to have a new airport near Rawat that would be linked with Islamabad and Rawalpindi through train links and an expressway.

The road between Zero Point and Rawat would be built like Shaikh Zaid Road in Dubai having business and residential centers along it, he added.

He said there was no space in the budget for such huge projects, however there was a need to have out-of-the box solutions to auction the land, along this highway in a transparent manner and generate funds.

Prime Minister Sharif said similar projects could be conceived in Lahore and Karachi, including underground Metro Train service in the two mega cities and added that China had shown keen interest in the project.

Nawaz for giving 'Hong Kong like status' to Gwadar - DAWN.COM
 

drkrn

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ISLAMABAD: Prime Minister Nawaz Sharif on Friday expressed optimism on the possibility of transforming Gwadar in Balochistan into a successful free port on the same lines as Hong Kong to attract foreign investment and boost national economy.

The prime minister was chairing a meeting at the prime minister's office to discuss the Kashgar to Gwadar economic corridor that would open up new areas for economic activity and generate employment.

He announced that the Chinese Delegation coming to review plans for options regarding the proposed economic corridor would reach Pakistan on Monday.

Sharif also approved in principal upgradation of the existing railway track system between Karachi and Peshawar at a cost of US 2.7 billion dollars.

The two-year project would modernise signaling, communications, locomotives and enable the trains to run at a speed of 120 km per hour. This would also shorten the time needed to travel between Karachi to Lahore from 18 to 12 hours and between Karachi to Peshawar from 27 to 17 hours.

Minister for Railways Saad Rafique said around 67 per cent of the country's rail track was overage and so was its entire locomotives fleet and signaling system.

The prime minister also proposed construction of a new airport for Islamabad at Rawat, construction of new tunnels, train links and roads across the country.

He, however, noted that the economic activity in the country could only be expedited once there was peace and tranquility.

Mentioning the recent deliberations of the Defence Committee of the Cabinet that discussed the issue of extremism and terrorism, the premier said there was also a need to address the energy crisis on urgent basis.

PM Sharif stressed the importance of a meaningful interaction with militants and said it will help address all issues. "Importance of dialogue could not be ruled out," he said.

"The country could not progress unless law and order situation improved"¦..it would pave way for economic prosperity, said the prime minister recalling his visit to China where the Chinese side expressed concerns about security situation in Pakistan.

He said Pakistan had to tender apologies for the killings of Chinese nationals in terror-related incidents. "How long will we tender apologies? We need to rectify the wrongdoing," the prime minister said.

Referring to the Economic Corridor, the prime minister said both sides were taking keen interest in the project as not only China but the entire region would benefit from this mega project.

He said Pakistan-China Economic Corridor was future of the country. He recalled his earlier meetings which discussed the Trade Corridor from Kashgar to Khunjerab and Gwadar and in principal, approved the proposed alignment of Pak-China Trade Corridor, with the directions to further evaluate the proposal in terms of time and cost efficiency.

"Gwadar Port would help reduce the time needed for transportation of Chinese exports from 16 to 4 days, besides reducing the cost considerably."

The prime minister said that as the mega project would go through underdeveloped areas of Pakistan, it would also help develop those areas and bring them at par with the developed ones. "It would connect all the provinces and all the regions would equally reap the benefits of the project," he added.

He said the existing Motorways could be handed over to the private sector to generate around Rs 250 billion annually that would help fund construction of new roads. The prime minister directed that the existing and the new motorways be linked with the highways to improve connectivity.

Nawaz Sharif said that the proposed tunnel through the Margalla hills to link Islamabad with Haripur would provide a shorter route to the commuters of Gilgit-Baltistan, Mansehra and Abbottabad.

He said the Islamabad Expressway would be extended up to Muzaffarabad and Lower Topa - Havellian portion would be soon built. He added that the Islamabad-Muzaffarabad Expressway project was his vision and it had been planned in his previous government.

The premier also pointed that the new airport being constructed near Fatehjang had design faults and there was a need to have a new airport near Rawat that would be linked with Islamabad and Rawalpindi through train links and an expressway.

The road between Zero Point and Rawat would be built like Shaikh Zaid Road in Dubai having business and residential centers along it, he added.

He said there was no space in the budget for such huge projects, however there was a need to have out-of-the box solutions to auction the land, along this highway in a transparent manner and generate funds.

Prime Minister Sharif said similar projects could be conceived in Lahore and Karachi, including underground Metro Train service in the two mega cities and added that China had shown keen interest in the project.

Nawaz for giving 'Hong Kong like status' to Gwadar - DAWN.COM
Even though the idea is very good to make gwadar port in the lines of HK,who else other than china will invest there??

sharif wants to modernise railway tracks in 2 years to handle high speed rails:shocked:.

i wish him to be compassionate towards india and share the same trick to us.our railway is mulling for years facing difficulties upgrading to even higher speed railways.

even with chinese help i doubt this could happen in 2 years

"Gwadar Port would help reduce the time needed for transportation of Chinese exports from 16 to 4 days, besides reducing the cost considerably."-- how exactly i didn't understand this.does it mean manufacturing of goods will be set up at Gwadar or transported via rail from china to pak..
surely both are not as economical as sea.so i presume that they are going to set up companies there.
 

farhan_9909

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Even though the idea is very good to make gwadar port in the lines of HK,who else other than china will invest there??
So far 2 countries are most probably confirmed to get supply through gwadar.

1-China
2-Tajikistan
sharif wants to modernise railway tracks in 2 years to handle high speed rails:shocked:.

i wish him to be compassionate towards india and share the same trick to us.our railway is mulling for years facing difficulties upgrading to even higher speed railways.

even with chinese help i doubt this could happen in 2 years

"Gwadar Port would help reduce the time needed for transportation of Chinese exports from 16 to 4 days, besides reducing the cost considerably."-- how exactly i didn't understand this.does it mean manufacturing of goods will be set up at Gwadar or transported via rail from china to pak..
surely both are not as economical as sea.so i presume that they are going to set up companies there.
the claim about 2 years will take more like 5 years.

i am in hurry so to explain it faster.

the passage through sea is 16-19 thousand km's
while through land upto kashgar the route is only 2800km.

I dont know how he reached at the 16day point.when even chinese sources claimed that a ship take atleast a month to reach from the gulf to China
 

amoy

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Gwadar Port will surely be a convenient gateway for inland provinces like Xinjiang, Gansu, and Qinghai
The exports of northwest China's Xinjiang Uygur autonomous region reached $9.08 billion in the first six months of the year, up 24.6 percent year on year, and 14.2 percentage points higher than the country's average level, Xinjiang People's Broadcasting Station reported, citing official sources.

Statistics released by Urumqi Customs show that Xinjiang products were exported to a total of 164 destinations and Central Asia remains its largest export market.

Exports to Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan and Tadzhikistan reached $7.09 billion, accounting for 67.7 percent of the region's total exports.

Exports to some emerging market, including Malaysia, India, Indonesia, Ukraine and Iran, have greatly increased.

In addition, both the exports of mechanical and electrical products and the traditional labor-intensive products saw a significant increase in the first half of the year. Textile exports from Xinjiang hit $1.06 billion, up 29.2 percent from a year earlier.

According to the statistics, the foreign trade volume of private enterprises in Xinjiang totaled $8.2 billion, accounting for 78 percent of Xinjiang's total foreign trade volume, and these private enterprises have become the main force of the region's foreign trade.
http://www.chinadaily.com.cn/m/xinjiang/urumqi_toutunhe/2013-07/31/content_16857914.htm



And Chinese have already invested heavily in Pakistan
In the same year, "Haier & Ruba Economic Zone" was founded and unveiled by Hu Jintao the Chairman of PR. China. This is the first international economic zone out of China approved by Ministry of Commerce of China, and also is the "China Economic Zone in Pakistan" which approved by Pakistan. From the date of founded, based on the production, sales channel and logistics resource of Haier, make full use of the 24-hours strategy partnership relationship and the Preferential Policies of investment and business, the Economic zone already developed to be the plat of Chinese companies development and investment in Pakistan and nearby area of South Asia. The major preferential policies include convenient investment, financial support, convenient custom, duty free for equipment import etc. Until now, 5 companies already entered Haier & Ruba Economic Zone with the investment of around 20Million USD.
' + docTitle + titleAdd + 'Haier Group
 

drkrn

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@amoy investments to 20 million usd is not enough to make it strategic/lifeline to pakistan.only ensured flows makes economically viable for china and pakistan.

however with ever deteriorating economic , security of the nation- does it make any value for them to make investments of such magnitude.the thing which interests me is america silently allowing china to take over pakistan.

looking at the picture i come to a clear idea that china's interest in making a corridor in this region is just to contain Indian superiority here.nothing else
investing here china is playing blind poker no one knows what happens tomorrow

@farhaan-sea trade is cheaper to land.
 
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farhan_9909

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Yes it is but when the route difference is from less than 3000km to more than 16000km.than not.

More important time..the supply can reach very faster through land.many time faster

and faster supply also mean less human power for even a less time.hence alot can be saved by cutting the labour cost.

than comes the strategic importnace.
No one can block there supply line.a chinese naval base in gwadar with submarine and destroyers group protecting the port..
Than a support from PN aswell.

Other than this A pipeline will be built for oil supply
 

farhan_9909

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Yeah make it like Hong Kong. Cede it to China.
if Done.and i hope so aswell

within the next 20 years.gwadar does has the potential to beat mumbai at south asian level or Atleast karachi in Pakistan.
 

bose

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if Done.and i hope so aswell

within the next 20 years.gwadar does has the potential to beat mumbai at south asian level or Atleast karachi in Pakistan.
Bhai Jaan, 20 saal baad Pakistan khaan rahega kisko patta... It may be Gwadar has become the capital of new nation :)
 

farhan_9909

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Bhai Jaan, 20 saal baad Pakistan khaan rahega kisko patta... It may be Gwadar has become the capital of new nation :)
Well Yes,We should have Gwadar as capital in winter while Islamabad in summar.
 

bose

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Well Yes,We should have Gwadar as capital in winter while Islamabad in summar.
So you believe that Gwadar will be new winter capital of a new nation... but is Islamabad be part of that new nation ? I doubt...
 
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Pakistan setting themselves up for a big disappointment,chinese have no intentions of sharing their
Wealth or their trade. They have leased the port no need to give pakistan anything more they own it.
 

drkrn

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Yes it is but when the route difference is from less than 3000km to more than 16000km.than not.

More important time..the supply can reach very faster through land.many time faster

and faster supply also mean less human power for even a less time.hence alot can be saved by cutting the labour cost.

than comes the strategic importnace.
No one can block there supply line.a chinese naval base in gwadar with submarine and destroyers group protecting the port..
Than a support from PN aswell.

Other than this A pipeline will be built for oil supply
india can.sitting few hundred kms from gwadar from chabar port in iran its a piece of cake to destroy gwadar.to expect support from pn in indian ocean is too much.this will strat a cold war between india and china, significantly increasing american presence in india(i dont even like the idea of it.).

the transit route seems to be logical for oil nothing else

we need to wait and see what is going to happen
 
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I still wonder what USA has planned for trade routes that belong to the west
Being encroached by a communist terrorist alliance?
 

drkrn

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I still wonder what USA has planned for trade routes that belong to the west
Being encroached by a communist terrorist alliance?
may be they are planning a new country-balochistan
good enough to limit pakistan,china and iran

one shot 3 birds
 

farhan_9909

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China doesnt even consider India worth a competition.and do you think they care about a possible arm race with india.

they are directly competing with USA.And in close future they might even be able to defeat USA in a head to head war.

India cant even stop them from entering and camping within your border for months and you think they care for an arm race with a 3rd world country.
 

Blackwater

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China doesnt even consider India worth a competition.and do you think they care about a possible arm race with india.

they are directly competing with USA.And in close future they might even be able to defeat USA in a head to head war.

India cant even stop them from entering and camping within your border for months and you think they care for an arm race with a 3rd world country.
:toilet::toilet::toilet:
 

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