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Pakistan turns to China for development

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AFP Islamabad
Last Updated : Dec 08 2013 | 10:30 PM IST
Pakistan's launch of work on its largest nuclear power plant last week is the latest example of big-money Chinese infrastructure projects in the troubled nation.
Cash-strapped Pakistan, plagued by a bloody homegrown Taliban insurgency, is battling to get its shaky economy back on track and solve a chronic energy crisis that cripples industry.
Politicians in Beijing and Islamabad are fond of extolling the profundity of their friendship in flowery rhetoric and on the ground this has translated into around 10,000 Chinese engineers and workers flocking to Pakistan.
Chinese companies are working on more than 100 major projects in energy, roads and technology, according to Pakistani officials, with an estimated USD 18 billion expected to be invested in the coming years.
"Some projects are being done by the government, then most of the projects are being done by the Chinese companies, by the provinces and also with the state enterprises and authorities," Ahsan Iqbal, Pakistan's federal minister for planning and development, told AFP.
"In the energy sector, Chinese engineers are building up to 15 power projects that include hydel (hydroelectric), thermal and nuclear plants."

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Pakistan faces an electricity shortfall of around 4,000 megawatts in the sweltering summer, leading to lengthy blackouts that make ordinary people's lives a misery and have strangled economic growth.
To combat the crisis, Pakistan has sought Chinese help in building power generation projects across the country, including nuclear.
Aside from the 2,200 MW project near Karachi launched by Prime Minister Nawaz Sharif last week, Chinese companies built two of Pakistan's three operational reactors.
Visiting in May during his first overseas trip after taking office, Chinese Premier Li Keqiang linked growth in his country's restive west with that in Pakistan, saying the two sides wanted to create an "economic corridor" to boost development.
The concept involves improving road and rail networks to link China through Pakistan to the Arabian Sea and planning minister Iqbal said its benefits would extend to other neighbouring countries.
"If the economic corridor is constructed, trade between China and India can also take place from this corridor. Similarly, trade between China and Central Asia and also between India and Central Asia can take place," Iqbal said.

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First Published: Dec 08 2013 | 10:30 PM IST

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