CPEC: 45 Projects Completed Worth $25.61 Billion, Major Schemes Still Delayed

As plenty of as 45 projects under the China-Pakistan Economic Corridor (CPEC) have been completed at a total cost of $25.61 billion, according to administration documents obtained by PorPakistani.

Key points

• The 884-megawatt Suki Kinari Hydropower Project in Kaghan was additionally completed under CPEC for $1.99 billion.
• The 1, 733-kilometer Main Line-1 (ML-1) railway project remains stalled due to delays in financial arrangements and approvals.
• The 43-kilometer Karachi Circular Railway (KCR) has additionally faced delays after being shifted to the Public-Private Partnership (PPP) mode.
• Similarly, work on the 210-kilometer Dera Ismail Khan-Zhob Highway was halted after a decision regarding local financing.
• Work on a number of projects in Gwadar, including the Gwadar Hospital and Vocational Institute, was additionally slowed by COVID-19-related restrictions.

For context, the completed projects include 17 energy projects, 15 infrastructure projects, and 13 projects related to economic and social development.

Among the major completed energy projects are the Sahiwal and Port Qasim coal-fired power plants. It were completed at a combined cost of $1.91 billion. World Bank Downgrades Sindh Barrages Project Ratings.

For context, the 884-megawatt Suki Kinari Hydropower Project in Kaghan was additionally completed under CPEC for $1.99 billion.

While Lahore's 27-kilometer Orange Line Metro Train project was completed at a cost of $1.6 billion, in the infrastructure sector, the 392-kilometer Multan-Sukkur Motorway (M-5) was completed for $2.8 billion.

Nevertheless, a number of major CPEC projects continue to face delays due to financing, approval, and implementation-related problems.

For context, the 1, 733-kilometer Main Line-1 (ML-1) railway project remains stalled due to delays in financial arrangements and approvals.

Meanwhile, the 43-kilometer Karachi Circular Railway (KCR) has additionally faced delays after being shifted to the Public-Private Partnership (PPP) mode. According to Administration documents, prolonged deliberations and procedural delays had adversely affected the project's progress.

Similarly, work on the 210-kilometer Dera Ismail Khan-Zhob Highway was halted after a decision regarding local financing. Stay Connected with ProPakistani.

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In short, CPEC: 45 Projects Completed Worth $25.61 Billion, Major Schemes Still Delayed is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.