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  Pakistan to add 17045 mw to its generation capacity by next 5 years under CEPC
   
 
BEIJING, July 10 (INP): Pakistan’s special envoy based in Beijing on CPEC Zafaruddin Mahmood has said in next five years, Pakistan will add 17045 MW to its total installed generation capacity, an increase of about 80 percent of its daily generation capacity of less than 20000 MW. While highlighting the CPEC priorities he said the energy cooperation, especially construction of power generation projects. The second area chosen for cooperation is construction of infrastructural facilities. The third area is the construction and management of the Gwadar Port. The fourth area is cooperation on production capacity between the two countries. He said this while giving an interview to local Chinese media. He said it has been two years since the basic framework was put in place. Things are going on well and very smoothly with the four areas. In a short span of over two years, China’sinvestment in Pakistan has surpassed US$ 25 billion, unprecedented in the Pakistani history of more than seventy years. It also results from the fact that both countries set great story by the CPEC. He said at the same time, as Pakistan believes that the cooperation between the two countries with areas so extensive and involving an investment so large that calls for the designation of a special officer, whose job is to look after related contact work. Zafaruddin Mahmood said that because it was necessary to set the directionat the early stage and to work out the mode and plans for cooperation. Besides, the period of establishing cooperation on the CPEC happened to experience a change in government of Pakistan, and as such it was necessary to brief and explain to the incoming government on conditions of the cooperation. He said on May 12, the first unitof Sahiwal CoalPower Project (2×660 MW) built by China Huaneng and Shandong Ruyi was inaugurated and connected to the grid successfully, becoming the first coal-based generation unit to be connected to the grid under the CPEC. It will markedly alleviate Pakistan’s power shortage. He said secondly, Pakistan conducts close cooperation with China on infrastructural cooperation. The Karakoram Highway (KKH), being the only land passageway between Pakistan and China, is known as the Highway of Friendship between Pakistan and China. In August 2008, the first phase of the project of KKH renovation and expansion as one of Chinese assistance was officially launched. It was completed by June 2015. He further said that overall, the construction of Gwadar is under a comprehensive plan. Previously, owing to the lack of development, thebusiness opportunity of the coastal city is not well utilized. In the future, within the framework of the CPEC, the city will be built into a free trade center, an industrialized metropolis and a logistic center. He said Fourth, in the area of cooperation inproduction capacity between the two countries, the priority of this year is to build a China-Pakistan industrial park in Pakistan, in support of which the Government has announced a policy of ten-year tax exemption. The labor cost of Pakistan is relatively low, about a third of that of China, which is an important factor for thedevelopment of manufacturing industries. Both of the points will become the bright spots for the industrial park to attract investment. INP/OBD/AK
 
 
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