Gov't to invest $8 billion in Gwadar Oil City project

[BRAVO_]

ISLAMABAD (AFP) – In a recent development, $8 billion investment is expected in the Gwadar Oil City.

Minister for Planning, Development and Reforms has informed the Senate Special Committee on China Pakistan Economic Corridor (CPEC) that the government was expecting $8 billion investment in Gwadar project.

According to details, the investment will be made in the proposed Gwadar Oil City project and petro chemical chain to be developed under CPEC.
https://dunyanews.tv/en/Business/468836-Gov/'t-to-invest-$8-billion-Gwadar-Oil-City-project

 

[xyx007]

Gov should take also some action and provide these people of Balochistan a clean water for their drinking. This is a right of these peoples.https://youtu.be/MaowVAhDHFU

 

[Rajesh Kumar]

ISLAMABAD (AFP) – In a recent development, $8 billion investment is expected in the Gwadar Oil City.

Minister for Planning, Development and Reforms has informed the Senate Special Committee on China Pakistan Economic Corridor (CPEC) that the government was expecting $8 billion investment in Gwadar project.

According to details, the investment will be made in the proposed Gwadar Oil City project and petro chemical chain to be developed under CPEC.
https://dunyanews.tv/en/Business/468836-Gov/'t-to-invest-$8-billion-Gwadar-Oil-City-project

And investment will come from????

 

[RIP Pak LAW]

And investment will come from????

Saudia Arab. Nothing new.

btw informing Senate means its almost official

 

[JohnWick]

And investment will come from????

China.

 

[BRAVO_]

Gov should take also some action and provide these people of Balochistan a clean water for their drinking. This is a right of these peoples.

it is good to see the Balochi leaders performing in main stream on key positions, such as deputy speaker of parliament Qasim Suri, Zubaida Jalal minster of defence production, Usman Buzdar CM Punjab etc ... and work has already started to facilitate the ordinary public in Balochistan ...
Punjab CM assures Balochistan to provide assistance for construction of hospital

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has assured Balochistan Chief Minister Mir Jam Kamal Khan that the Punjab government will provide assistance for construction of hospital in the province.

“The Punjab government will provide assistance for the construction of a cardiology center and a children hospital in Balochistan,” Sardar Usman Buzdar said in a meeting with Jam Kamal in Lahore on Sunday.

Matters of mutual interest, including promotion of inter-provincial harmony, were discussed during the meeting.

Both the chief ministers agreed to work together for the development and prosperity of the country.

Buzdar said mutual harmony and brotherhood would be promoted between the two provinces.
He said the Punjab government had given scholarships to the talented students of Balochistan.

Jam Kamal Khan said that Pakistan belonged to all of us.

He said a large number of students from Balochistan were studying in Punjab.

Earlier in a statement, the Balochistan chief minister regretted that no major welfare projects were initiated for Balochistan in the past, however, now the government was putting up efforts for the provision of basic facilities to the people.

“None of the scheme is useful, unless its benefits are channelized to the masses. There are several projects which were launched in the province, but were never concluded,

“Because development schemes here have always been marred by nepotism, everyone wants to award the contract to his own contractor, thus any scheme could not be materialized,” he resented.
https://arynews.tv/en/punjab-cm-ass...vide-assistance-for-construction-of-hospital/

 

[Rajesh Kumar]

China.

More loan ------ again paying to previous loan...more loan

 

[Hareeb]

ISLAMABAD (AFP) – In a recent development, $8 billion investment is expected in the Gwadar Oil City.

Minister for Planning, Development and Reforms has informed the Senate Special Committee on China Pakistan Economic Corridor (CPEC) that the government was expecting $8 billion investment in Gwadar project.

According to details, the investment will be made in the proposed Gwadar Oil City project and petro chemical chain to be developed under CPEC.
https://dunyanews.tv/en/Business/468836-Gov/'t-to-invest-$8-billion-Gwadar-Oil-City-project

The projected $8 billion will be FDI in oil and petroleum sector but not to be invested by government itself.

 

[BRAVO_]

The projected $8 billion will be FDI in oil and petroleum sector but not to be invested by government itself.

agreed ... but such volume of investment always bring perks for local population and other than that it is the people who change themselves.... even CM Jam Kamal pointed the same thing
“None of the scheme is useful, unless its benefits are channelized to the masses. There are several projects which were launched in the province, but were never concluded,

“Because development schemes here have always been marred by nepotism, everyone wants to award the contract to his own contractor, thus any scheme could not be materialized,”.

 

[Imran Khan]

More loan ------ again paying to previous loan...more loan

 

[Hareeb]

agreed ... but such volume of investment always bring perks for local population and other than that it is the people who change themselves.... even CM Jam Kamal pointed the same thing
“None of the scheme is useful, unless its benefits are channelized to the masses. There are several projects which were launched in the province, but were never concluded,

“Because development schemes here have always been marred by nepotism, everyone wants to award the contract to his own contractor, thus any scheme could not be materialized,”.

In FDI, foreign firm owns the project unless its a portfolio investment or a turnkey project - based on BOT contract. It wholly depends on the investor either to recruit locals or builds the project through international contracting (sub-contracting).

 

[JohnWick]

More loan ------ again paying to previous loan...more loan

You don't know that investment and loan are two very different things?

 

[Rajesh Kumar]

You don't know that investment and lone are two very different things?

I know very well.......... CPEC is best example for loan ..not an investment..... Please learn the basis difference,

A loan is the act of giving money, property or other material goods to another party in exchange for future repayment of the principal amount along with interest or other finance charges. A loan may be for a specific, one-time amount or can be available as an open-ended line of credit up to a specified limit or ceiling amount.

An investment is an asset or item that is purchased with the hope that it will generate income or will appreciate in the future.

By the way, have you paid due EMI to China for this year (interest of 8 billion)?

 

[JohnWick]

I know very well.......... CPEC is best example for loan ..not an investment..... Please learn the basis difference,

A loan is the act of giving money, property or other material goods to another party in exchange for future repayment of the principal amount along with interest or other finance charges. A loan may be for a specific, one-time amount or can be available as an open-ended line of credit up to a specified limit or ceiling amount.

An investment is an asset or item that is purchased with the hope that it will generate income or will appreciate in the future.

By the way, have you paid due EMI to China for this year (interest of 8 billion)?

Its an Investment

 

[Rajesh Kumar]

Its an Investment
View attachment 524522

I am aking that have to paid for this year EMI interest?

https://timesofislamabad.com/05-May...an-would-have-to-repay-back-annually-for-cpec
https://tribune.com.pk/story/1583286/6-can-pakistan-pay-cpec-loans/
https://www.dawn.com/news/1426505