CPEC to Add 2.5 Million Jobs, Boost Pak GDP Growth to 7.5%

China-Pakistan Economic Corridor (CPEC) is expected to add over 2 million direct and indirect jobs to Pakistan's economy and boost the country's GDP growth rate to 7.5%.

Jobs & Economic Growth in Pakistan: 

US-based consulting firm Deloitte and Touche estimates that China-Pakistan Economic Corridor (CPEC) projects will create some 700,000 direct jobs during the
period 2015–2030 and raise its GDP growth rate to 7.5%,  adding 2.5 percentage points to the country's current GDP growth rate of 5%.


Pakistan Country Report in Shamghai Business Review Feb/March 2016

An additional 1.4 million indirect jobs will be added in supply-chain and service sectors to support the projects.  An example of indirect jobs is the massive expansion in Pakistan's cement production that will increase annual production capacity from 45 million tons to 65 million tons, according to a tweet by Bloomberg's Faseeh Mangi. Other indirect jobs will be in sectors ranging from personal services to housing and transportation.



CPEC Benefits for Pakistan & China: 

The CPEC will open doors to immense economic opportunities not only to Pakistan but will physically connect
China to its markets in Asia, Europe and beyond, according to the Deloitte report.

Almost 80% of the China’s oil is currently transported from the Middle East through the Strait of Malacca to Shanghai, (distance is almost 16,000 km and takes 2-3 months). With Gwadar port in Pakistan becoming
operational, the distance would reduce to less than 5,000 km. If all goes well and on schedule, of the 21
agreements on energy– including gas, coal and solar energy– 14 will be able to provide up to 10,400
megawatts (MW) of energy by March 2018. According to China Daily, these projects would provide up to
16,400 MW of energy altogether.

India's War on CPEC: 

The biggest challenge that CPEC faces today is India's well-orchestrated effort to sabotage it. Not only are Indian leaders on record as opposing CPEC, the Indian Prime Minister Narendra Modi and his right-hand man Ajit Doval have unleashed a concerted effort to try to make it impossible.

Mr. Modi has openly expressed support for Baloch separatists and Ajit Doval has talked about Pakistan "losing Balochistan". A serving Indian Navy commander Kulbhushan Yadav has been arrested working undercover to wage covert war in Pakistan.

RAW Money Flow:

India has opened up a big money money spigot to use its agents to destabilize Pakistan. RK Yadav, an ex intelligence official of RAW, has in a TV interview (Siyasat Ki Baat with RK Yadav video 6:00 minutes), talked about RAW agents with "suitcases and cupboards full of money".

Ex RAW chief A.S. Dulat has said "money goes a long way" in intelligence operations.

Current National Security Advisor has talked about RAW recruiting terrorists with one-and-a-half times the money they are making from other sources.

RK Yadav has, in his book "Mission R&AW",  written about RAW money paid to late Pakistani politician Khan Abul Wali Khan in 1970s. He's also confirmed the existence of RAW-inspired 1960s Agartala Conspiracy that recruited Shaikh Mujib ur Rehman's Awami League to work for Indian intelligence.

More recently, London Police documents have revealed the testimony of MQM leaders Muhammad Anwar and Tariq Mir confirming that Altaf Husain received money from Indian intelligence.

Modi's Campaign to Isolate Pakistan:

While RAW is busy funding terror in Pakistan, the Indian Prime Minister Mr. Modi has launched a diplomatic offensive to have Pakistan declared a "state sponsor of terror". It's intended to deflect attention from Indian Army's brutality against innocent Kashmiris and to cover up his own proxy war of terror to sabotage CPEC in Pakistan.

Summary:

China-Pakistan Economic Corridor is a game-changer for Pakistan. It will build power plants and other infrastrastructure, boost Pakistan's GDP growth to 7.5% and add millions of new jobs to bring prosperity to Pakistan. Indian Prime Minister Modi is very unhappy about it and he has launched a multi-pronged concerted effort to sabotage CPEC by using covert wars and diplomatic offensives to hurt Pakistan. Can Pakistan defeat Indian plans and succeed in building a prosperous future? That is the big question. The answer depends on how well Pakistanis can unite to make it happen.

Here's a video by Gaurav Garg explaining why India wants to sabotage CPEC:

 https://www.youtube.com/watch?v=hd_z9kf8AeE




Related Links:

Haq's Musings

Modi's Covert War in Pakistan

ADB Raises Pakistan GDP Growth Forecast

Gwadar as Hong Kong West

China-Pakistan Industrial Corridor

Indian Spy Kulbhushan Yadav's Confession

Ex Indian Spy Documents RAW Successes Against Pakistan

Saleem Safi of GeoTV on Gwadar

Pakistan FDI Soaring with Chinese Money for CPEC

Views: 728

Comment by Riaz Haq on June 26, 2021 at 4:57pm

In 1962, a landmark legislation laid the foundation of vocational training in Pakistan. The Apprenticeship Ordinance, 1962 was promulgated by the government of Gen Ayub Khan to feed the growing industries with skilled technicians and process operators.

https://www.thenews.com.pk/print/854127-vocational-training


This was followed by the Apprenticeship Rules in 1966, which quite comprehensively provided modalities of the training scheme, obligations of both the employers and apprentices and the latter’s terms and conditions of apprenticeship.

The Ordinance of 1962, has been made applicable to undertakings employing fifty or more persons, as are notified by the provincial government in the official gazette. The notified undertaking is obliged to introduce and operate an apprenticeship programme and get it registered with the Competent Authority defined in the Ordinance.

Such undertaking is required to train apprentices in the proportion of a minimum of twenty percent of the total number of persons employed in the ‘apprenticeable trade’. For instance, if an undertaking employs five electricians, it should have at least one apprentice in this trade. There are more than three hundred vocational professions to choose from, encompassing different areas.

The induction of the Ordinance met with immense success and all the notified undertakings established their apprenticeship centers in accordance with the law. The most notable among them was the remarkable apprenticeship training center established by the American corporate giant Exxon Chemical Pakistan Limited at its fertilizer plant in Daharki (Sindh).

In the late 1960s, the Exxon corporation was attracted to install a plant in Pakistan looking at its rapid pace of industrial development. The company not only imparted training to apprentices in mechanical and chemical trades for two to three years duration but also devised a competitive scheme for their career development in the post apprenticeship employment of the company. Exxon’s successor company Engro Fertilizer Limited continues to follow the scheme.

The federal government has promulgated the Apprenticeship Act, 2018 by repealing the Ordinance of 1962, which has become outdated. However, due to the 18th Amendment, provisions of the act of 2018 extend only to the Islamabad Capital Territory. The provinces should make and enforce their own apprenticeship acts, to revive the effectiveness of a most beneficial training scheme.

In order to supplement the apprenticeship scheme and boost vocational training in the country, the government promulgated the National Training Ordinance, 1980, which was amended through the Amendment Ordinance, 2002. The purpose of the ordinance was to constitute training boards in the respective provinces to regulate and promote vocational training facilities in various fields. By virtue of this ordinance, the scope of vocational training has widened beyond the confines of notified undertakings. While the apprenticeship training extends only to the apprentices enrolled with some undertaking, any person whether or not he/she is employed, can join the vocational training institutes established all over Pakistan, to learn the desired skill.

The National Board has 17 different functions relating to promotion of technical, vocational and in-plant training and skill development etc. The provincial boards have nine functions, which include: (a) registration and licensing of establishments, organizations or institutions, which are offering vocational training; and (b) conducting trade tests and certifying the skilled persons and trainers, who may have received vocational training through any source or acquired the skill through experience or informal system of Ustad-Shagird.

Most of Pakistan’s blue-collar workers learn their work informally and have little to no formal academic education. However, raw potential is not a substitute for proper industrial skills-based training.

Comment by Riaz Haq on July 30, 2023 at 5:32pm

The mega undertaking (China-Pakistan Economic Corridor or CPEC) has created nearly 200,000 direct local jobs, built more than 1,400 kilometers (870 miles) of highways and roads, and added 8,000 megawatts of electricity to the national grid, ending years of blackouts caused by power outages in the country of 230 million people.


https://www.voanews.com/a/top-china-official-visits-pakistan-markin...


Chinese Foreign Ministry spokesman Wang Wenbin told reporters in Beijing earlier this month that CPEC projects "are flourishing all across Pakistan," making a "tangible contribution" to the national development of the country and to regional connectivity.

But critics say many projects have suffered delays, including several much-touted industrial zones that were supposed to help Pakistan enhance its exports to earn much-needed foreign exchange.

The country's declining dollar reserves have prevented Islamabad from paying Chinese power producers, leading to strains in many ties.

Pakistan owes more than $1.26 billion (350 billion rupees) to Chinese power plants. The amount keeps growing, and China has been reluctant to defer or restructure the payment and CPEC debts. All the Chinese loans – both government and commercial banks – makeup nearly 30% of Islamabad's external debt.

Some critics blame CPEC investments for contributing to Pakistan's economic troubles. The government fended off the risk of an imminent default by securing a short-term $3 billion International Monetary Fund bailout agreement this month.

Security threats to its citizens and interests in Pakistan have also been a cause of concern for China. Militant attacks have killed several Chinese nationals in recent years, prompting Beijing to press Islamabad to ensure security measures for CPEC projects.

Diplomatic sources told VOA that China has lately directed its diplomats and citizens working on CPEC programs to strictly limit their movements and avoid visiting certain Pakistani cities for security reasons.

"They [Chinese] believe this security issue is becoming an impediment in taking CPEC forward," Senator Mushahid Hussain, the chairman of the defense committee of the upper house of the Pakistani parliament, told VOA in an interview earlier this month.

"Recurring expressions of concern about the safety and security of Chinese citizens and investors in Pakistan by top Chinese leaders indicate that Pakistan's promises of 'foolproof security' for Chinese working in Pakistan have yet to be fulfilled," said Hussain, who represents Prime Minister Shehbaz Sharif's ruling party in the Senate.

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