Month: July 2018

Newsletter: Issue 10 (July 12, 2018)

This is a review of news and analysis pertaining to the China-Pakistan Economic Corridor and related regional connectivity and security issues, covering the period of June 27 - July 10, 2018.

CPEC Wire Staff / July 12, 2018

Another Chinese company joins the growing pack of automobile manufacturers in Pakistan

The state-owned Chang’an Automobile Group has entered into agreement with Master Motors, a Pakistani manufacturer of light trucks and busses, to assemble sports utility vehicles and light trucks, according to the Pakistan Construction & Quarry trade publication. The plant will be...

CPEC Wire Staff / July 12, 2018

Thar lignite to fuel Pakistan’s first ultra-supercritical power plant

Lucky Cement, Pakistan’s largest cement company by installed capacity, has attained financial close on a 660MW, $1.08 lignite-fueled power plant that will be located in Port Qasim, Sindh. The plant, when completed, will be the first ultra-supercritical power plant in...

Arif Rafiq / July 12, 2018

Bangladeshi Official Labels Opposition ‘Pro-Pakistan and Pro-China’

In a visit to New Delhi, Hossain Toufique Imam, an aide to Sheikh Hasina Wajed, the prime minister of Bangladesh, said that the embattled Bangladesh Nationalist Party or BNP has been an “anti-India” party “right from the beginning” and “tried...

Arif Rafiq / July 12, 2018

Caretaker finance minister leads CPEC review

Caretaker governments are in power in Pakistan, but they, along with the permanent bureaucracy, continue to keep the CPEC train chugging along. Last week, Balochistan Chief Minister Alauddin Marri led a business forum in Quetta that brought together Chinese business...

Arif Rafiq / July 12, 2018

Concerns over investments expressed at Balochistan forum

Chinese investors and officials continue to hold high-level meetings in Pakistan with the caretaker officials and bureaucrats. At a business forum in Quetta last week, Chinese officials pressed for the removal of red tape hindering investment related to CPEC, stating that investors faced difficulty...

CPEC Wire Staff / July 12, 2018

Anti-corruption body orders investigation into Gwadar land allotments

Retired Supreme Court Justice Javed Iqbal, who presently serves as chairman of the National Accountability Bureau (NAB), ordered the anti-corruption body to investigate the allotment of thousands of acres of land in a Gwadar-area industrial zone, according to Dunya News. Unnamed NAB officials told...

CPEC Wire Staff / July 11, 2018

Protests near Gwadar over electric power blackouts

Protestors on Tuesday blocked the Makran Coastal Highway connecting Gwadar to Karachi as the region faces an electric power blackout due to faults with transmission lines. The protest took place near Ormara, according to DAWN. The coastal town is located...

CPEC Wire Staff / July 11, 2018

Leading Gwadar national assembly candidate says people of Gwadar deserve more from CPEC

Aslam Bhootani, the former speaker of the Balochistan assembly, and the favorite candidate for the National Assembly seat from Gwadar, said that the people of Gwadar “have expectations from the China-Pakistan Economic Corridor, but unfortunately they are deprived even of drinking...

CPEC Wire Staff / July 11, 2018

Tehran warns New Delhi that it will pay a price for Iranian oil import cuts, chides it for slow progress on Chabahar

The Hindu reports that Iranian Deputy Ambassador to India Massoud Rezvania Rahaghi told a gathering in New Delhi: “if India were to replace Iran with countries like Saudi Arabia, Russia, Iraq, U.S. and others for the 10% of its oil demand then it...

CPEC Wire Staff / July 11, 2018