Two mega projects of CPEC have Entered into Last stage of Completion

Two mega projects of CPEC have Entered into Last stage of Completion

The work on two mega CPEC projects including Thakot-Havalian motorway (120km) and Suki Kinari Hydropower Project (870mw) have entered into last stage of completion in Khyber Pakhtunkhwa.

Ayub Gul, Research Officer in KP CPEC Cell told APP on Tuesday that work on Thakot-Havelian Motorway under KKH Phase-11 has been expedited and would be completed at a cost of USD 1366 million in next two years.

He said Havalian-Thakot motorway with 120km length was in early harvest project category, starting from Havelian and passing through Abbottabad, Mansehra and Shinkiari will end at Thakot Batagram with about five tunnels -two at Abbottabad, one each at Battal, Karmong and Mansehra.

On December 27 2017, Prime Minister Shahid Khaqan Abbasi had inaugurated the 47-kilometer-long Burhan-Shah Maqsood Interchange of the six lanes Hazara Motorway (60km), which is a key component of Thakot-Havalian (120) motorway under CPEC.

The Hazara Motorway is benefiting over 0.

6 million population of Hattar Industrial area, Haripur, Havelian, Abbottabad and northern areas through which about 28,500 vehicles will commute with a substantial reduction in travel time and passengers fare.

Ayub said practical work on Havalian-Thakot motorway was commenced in September 2016 after its groundbreaking by the former Prime Minister Muhammad Nawaz Sharif. He said 39 km Havalian-Abbottabad Manshera section has already been completed and opened for all kinds of traffic.

The project would promote tourism, industries and business activities in the northern KP besides generating jobs opportunities for youth and will alleviate poverty in the province. Ayub said Suki Kinari Hydropower Project with total capacity of870 megawatt was another CPEC project in KP on which work was in full swing and would be completed ahead of the scheduled time.

He said about 70percent work on the project was completed and its commercial operation will formally commence in next two years. He said the project has already achieved a financial close and land acquisition award was announced on November 17, 2016.

This mega hydel generation project was being constructed on River Kunhar Manshera and would be completed with an estimated cost of USD 1802million and that a consortium of various companies was developing it with coordination of Ministry of Water and Power and Private Power and Infrastructure Board.

The others gigantic CPEC projects in KP include Hakka-DI Khan Motorway, Circular Railway Peshawar project, Rashakai economic zone, and Chitral-Shandor highway was in feasibility stage and practical work on it would commence soon after completion of all codel formalities, he maintained.

The CECP projects were completed in three major components including short, medium and long terms, adding all small projects would be completed by 2020, a medium by 2025 and long terms by 2030. Ayub said broad-based national consensus amongst the federating units has immensely helped provided an opportunity to expedite CPEC projects and ensure its successful completion on the ground.

The transport infrastructure projects of CPEC will give an enormous boost to economic and business activities in far-flung areas of Khyber Pakhtunkhwa, Gilgit Baltistan and Balochistan and expedite the pace of economic development besides making Pakistan’s borders safe from external threats.

 

Source:

https://www.urdupoint.com/en/business/work-on-two-mega-chinapakistan-economic-co-289630.html

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