APCEA Briefing Highlights Potential and Significance of CPEC Energy Projects
The
All-Pakistan Chinese Enterprises’ Association (APCEA) organized a briefing on
Wednesday to apprise media and think tanks about the potential and significance
of existing and ongoing energy projects under the China-Pakistan Economic
Corridor (CPEC).
The
briefing, titled "Infodor Salon on CPEC Energy Projects," brought
together media, think tanks and representatives from seven key CPEC energy
enterprises.
The
consortium of seven companies included Power China Pakistan, China Three Gorges
South Asia Investment Ltd, China Energy International Group Company Limited
Pakistan Branch, China Power Hub Generation Company (PVT.) Ltd, China Electric
Power Equipment and Technology Company, China Machinery Engineering
Corporation, and Huaneng Shandong Ruyi (Pakistan) Energy (Pvt) Ltd.
During
the briefing, the Power China Pakistan representative said that the company had
been a pivotal driving force in the development of the CPEC since its debut in
Pakistan back in 1987.
"Our
investments in regional infrastructure growth, particularly in the domain of
power plants, has been instrumental in transforming the landscape of Pakistan's
energy sector," he said.
He
said that the company had invested over $6 billion in CPEC energy projects and
had created over 12,500 jobs. The projects are expected to generate over 10,000
MW of electricity, which will help to meet Pakistan's growing energy needs.
The
China Power Hub Power Generation Representative said that the company's energy
project in Balochistan had generated over 23 billion kWhs of electricity, which
has contributed to economic development and tax revenue for the government.
The
APCEA News and Media Director said that the association is committed to
enhancing economic and social cooperation between China and Pakistan.
"We
believe that CPEC is a win-win for both countries and we are committed to
playing our part in its success," he said.
The
briefing was a positive sign for the future of CPEC energy projects. The
involvement of Chinese companies with a proven track record in the energy
sector is a good indication that these projects will be successful. The
creation of jobs and economic opportunities is also a welcome development.
However, it is important to monitor the environmental impact of these projects
to ensure that they are sustainable in the long term.
Overall,
the briefing highlighted the potential and significance of CPEC energy
projects. These projects have the potential to transform Pakistan's energy
sector and boost economic development. However, it is important to ensure that
these projects are implemented in a sustainable manner.
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