11 CPEC projects completed, 11 more 'under construction': report

Published December 31, 2018
$18.9 billion have been invested in the 22 existing CPEC projects, according to a progress report issued by the Embassy of China in Pakistan. — Reuters/File
$18.9 billion have been invested in the 22 existing CPEC projects, according to a progress report issued by the Embassy of China in Pakistan. — Reuters/File

Eleven development projects of the China-Pakistan Economic Corridor (CPEC) have been completed so far while 11 others are "under construction", Radio Pakistan reported on Monday.

Based on the latest progress report on CPEC issued by the Embassy of China in Pakistan on Saturday, around $18.9 billion have been invested in the 22 projects. Twenty more projects remain in the pipeline.

According to the report, 15 energy projects with total generation capacity of 11,110MW were planned as a priority. Seven have been completed while six are "under construction" with a total capacity of 6,910MW.

As per the report, three projects regarding infrastructure are "under construction" — the Karakoram Highway Phase-II (Havelian-Thakot section), Karachi-Lahore Motorway (Sukkur-Multan section) and Lahore Orange Line Metro Train Project.

"CPEC is a major and pilot project of the Belt and Road Initiative and one major platform for comprehensive and substantive cooperation between China and Pakistan," the report stated.

The project is believed to be the crown jewel of China's One Belt One Road initiative, a massive global infrastructure programme to revive the ancient Silk Road and connect Chinese companies to new markets around the world.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

From hard to harder

From hard to harder

Instead of ‘hard state’ turning even harder, citizens deserve a state that goes soft on them in delivering democratic and development aspirations.

Editorial

Canal unrest
Updated 03 Apr, 2025

Canal unrest

With rising water scarcity in Indus system, it is crucial to move towards a consensus-driven policymaking process.
Iran-US tension
03 Apr, 2025

Iran-US tension

THE Trump administration’s threats aimed at Iran do not bode well for global peace, and unless Washington changes...
Flights to history
03 Apr, 2025

Flights to history

MOHENJODARO could have been the forgotten gold we desperately need. Instead, this 5,000-year-old well of antiquity ...
Eid amidst crises
Updated 31 Mar, 2025

Eid amidst crises

Until the Muslim world takes practical steps to end these atrocities, these besieged populations will see no joy.
Women’s rights
Updated 01 Apr, 2025

Women’s rights

Such judgements, and others directly impacting women’s rights should be given more airtime in media.
Not helping
Updated 02 Apr, 2025

Not helping

If it's committed to peace in Balochistan, the state must draw a line between militancy and legitimate protest.