Work on C-Pack slowed, Chinese companies became troubled Chinese companies have expressed dissatisfaction with the poor performance of C-Pack over the past three years

Friday, September 17, 2021

ISLAMABAD (news world Latest. September 17, 2021): Work on the Pak-China Economic Corridor has slowed down, which has put Chinese companies in trouble. According to details, a Senate panel expressed concern over the slow progress on the Pak-China Economic Corridor (CPEC). The panel also lamented that Chinese companies had expressed dissatisfaction with the poor performance of C-Pack over the past three years, according to a report in the national newspaper Dawn News.

Presiding over the Senate Standing Committee on Planning and Development, Saleem Mandviwala, chairman of the committee, said China was not satisfied with the pace of work on C-Pack and no progress had been made on the portfolio in the last three years.

"They are crying," he said, adding that the Chinese ambassador had complained to me that he had destroyed C-Pack and that nothing had happened in the last three years.

Khalid Mansoor, Special Assistant to the Prime Minister for C-Pack Affairs, also endorsed Saleem Mandviwala, saying that Chinese companies were not satisfied with government agencies and the pace of their work.He said that he himself was not satisfied with the progress of work on Gwadar Airport and assured the panel that things were improving. Khalid Mansoor apprised the investors about the problems faced with regard to investment and the agreement of C-Pack Phase One Power Projects.

These include problems with the payment of Independent Power Projects (IPPs), long arrears and increase in holding tax on sponsors' profits. He said authorities now plan to set up an investment facilitation center to offer one-stop operations to all Chinese investors. Khalid Mansoor said that 135 Chinese companies are working in Pakistan on C-Pack and other projects and now restoring the confidence of those working on C-Pack is the top priority.

On the financial and physical progress of all major C-Pack projects, the committee was informed that 21 projects worth more than 15 billion have been completed. Of these, 10,320 MW are power projects and 9.6 billion docker HVDC transmission lines. The Senate committee directed that the relevant sections should plan ahead for next year so that the required projects at the federal and provincial levels could be sent to the Ministry of Planning before February.

Comments

This is for Gaza': Left-winger George Galloway wins Rochdale by-political decision

His triumph underlines divisions in England over Israel's attack of Gaza which has brought dissidents onto English roads Friday, March 01, 2024 George Galloway, head of the left-wing Laborers' party in England, has turned into the new administrator for the English town of Rochdale with 12,335 votes, contrasted with autonomous up-and-comer David Tully, who came in second with 6,638 votes, Reuters provided details regarding Friday. Galloway prevailed upon a significant number of Rochdale's Muslim people group by going after both Work and England's overseeing Preservationists for supporting Israel's intrusion of Gaza, making an unfamiliar struggle the significant issue — something surprising to do in a by-political race where neighborhood concerns typically rule. In his triumph discourse, Galloway said: "Keir Starmer, this is for Gaza. You have paid, and you will pay, an exorbitant cost for the job that you have played in empowering, empowering, and covering for ...

The brutal attacks of the Israeli army in Gaza continue, 215 more Palestinian martyrs

The brutal attacks of the Israeli army continue in Gaza, 215 more Palestinians were martyred in 24 hours due to the Israeli bombing. According to foreign media reports, the Israeli army besieged the refugee school of the United Nations Relief and Works Agency in northern Gaza, and 10 Palestinians were martyred by shelling and firing. The Palestinian Ministry of Health says that 215 more Palestinians were martyred in 24 hours in Israeli attacks. Since October 7, the number of Palestinian martyrs has reached 26 thousand 637, while 65 thousand 387 Palestinians have been injured in Israeli attacks so far. The report states that Israel is also bombing residential areas in Gaza, due to which many martyrs are feared. On the other hand, Israel's siege of Al-Amal Hospital continues for the eighth day. There was a fierce battle between the Israeli army and the Palestinian resistance fighters around the hospital. On the other hand, the Israeli army also opened fire in the West Bank, due to ...

Should we not take names of those involved in pushing Pakistan into crisis, says Sanaullah

Thursday, September 28, 2023 PML-N's story is administration of Pakistan, says Rana Sanaullah. Says no regulation permits to overlook a wrongdoing to allow somebody to challenge surveys. "Nawaz Sharif will get extraordinary greeting upon return." As the Pakistan Muslim Association Nawaz (PML-N) has embraced a forceful story — requesting the responsibility of previous commanders and judges in front of the forthcoming general races — the party's senior chief Rana Sanaullah on Thursday inquired as to whether they shouldn't actually accept the names of the people who drove the country into emergency. The previous inside serve last week, held ex-armed force boss Gen (retd) Qamar Javed Bajwa and previous Between Administrations Knowledge (ISI) boss Lt Gen (retd) Faiz Hamid liable for winning political and financial emergencies in the country. Tending to a PML-N consultative gathering in Gujranwala, Sanaullah said: "Pakistan was going towards success when it was d...

news world

Search This Blog