presented by Aasim Siddiqui, Former Chairman All Pakistan Shipping Association (APSA) Managing Director – Marine Group of Companies THE DEVELOPMENT ON CHINA-PAKISTAN ECONOMIC CORRIDOR (CPEC) UNDER ‘BELT & ROAD INITIATIVE’
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
presented by
Aasim Siddiqui, Former ChairmanAll Pakistan Shipping Association (APSA)Managing Director – Marine Group of Companies
THE DEVELOPMENT ON
CHINA-PAKISTAN ECONOMIC CORRIDOR (CPEC)UNDER ‘BELT & ROAD INITIATIVE’
CONTAINER CPEC OBOR PAKISTAN ROUTE TRANSPORT INFRASTRUCTURE INTERMODAL CONNECTIVITY MARITIME ONE BELT ONE ROAD CHINA PAKISTAN ECONOMIC CORRIDOR BELT AND ROAD INITIATIVE
ONE BELT-ONE ROAD (OBOR)
Silk Road Economic Corridors
Maritime Silk Road
SILK ROAD ECONOMIC BELT MARITIME SILK ROAD
Intermodal Routes for Regional Trade Prosperity
China Economic Corridors
In October 2013, President Xi proposed building a close-knit
China-ASEAN community and offered guidance on constructing a
21st Century Maritime Silk Road to promote maritime
cooperation, to finance infrastructure construction and promote
regional interconnectivity and economic integration.
The 21st-Century Maritime Silk Road is designed to go from
China's coast to Europe through the South China Sea and to the
Indian Ocean in one route, and from China's coast through the
South China Sea to the
South Pacific
The Silk Road Economic Belt concept was introduced by
Chinese President Xi Jinping during his visit to Kazakhstan
in September 2013 and suggested that China and Central
Asia may cooperate to build a Silk Road Economic Belt.
The Silk Road Economic Belt focuses on bringing together
China, Central Asia, Russia and Europe (the Baltic) linking
China with the Persian Gulf and the Mediterranean Sea
through Central Asia
A GAME CHANGERBELT & ROAD INITIATIVE
SILK ROAD ECONOMIC BELT MARITIME SILK ROAD
US$4TRILLIONChinese Investment for ‘Belt & Road’ Initiative
70%Global Populationliving along the belt 55%
World GNPpresent in the route 75%
KnownEnergy Resources 35
YEARS
To Celebrate Along 100th Anniversary of China by 2049
US$2.5 TRILLIONChinese Trade Growth In Next Decade
Accelerating the Trade Growth
LOCAL MERGERS TO SERVICE LARGE VOLUMES
COSCO & China Shipping Group have declared the establishment of the China COSCO Shipping Group, which is now the 4th biggest container shipping company in the world and can service large cargo volumes
CHINESE STRATEGY
TRANSPORT INFRASTRUCTURE
DEVELOPMENT
China has long term global infrastructure investment plan of
developing trade corridors to connect with Europe and other
emerging markets through efficient and cost effective routes
Developing Efficient Trade Corridors to Reach New Markets
WHAT MATTERS THE
MOST FOR
TRADE ROUTES
CARGOVOLUME
1
WHICH REGIONS
HAVE HIGH LEVEL OF
TRADE
ASIAEUROPE
2
PLAYER WITH
HIGHEST VOLUMES OF
IMPORT/EXPORT CARGO
CHINA
3
TRADE & ROUTES
GLOBAL CONTAINER TRAFFIC (TEUs)
Source: United Nations Conference on Trade and Development – UNCTAD 2016TEU: 20 Foot Equivalent Units
Country TEUs
China 199,565,501United States 48,381,722Singapore 31,688,000Korea 26,373,000Malaysia 24,570,000United Arab Emirates
20,413,200
Japan 20,257,000China, Hong Kong SAR
19,580,000
Germany 19,420,700Spain 14,993,941
CHINA-PAKISTAN ECONOMIC CORRIDOR
DISTANCE & COST ANALYSIS ACROSS VARIOUS TRADE ROUTES
Asia – Europe Central Asia to Arabian Sea
Traditional
TRADE ROUTE
Europe - China
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
TRADE ROUTE (Traditional)
Europe - China
EUROPE 35 Days
13845 MILESUS$ 2769
44 Days
16507 MILESUS$ 3301
Shanghai Port
AFRICA
EUROPE
MIDDLE EAST
WESTERNCHINA
LONG DISTANCE & HIGH COST
29 Days
11845 MILESUS$ 2369
47 Days
19132 MILES US$ 8026
Kashgar
CENTRAL ASIA
19132 MILES US$ 8026
Route: Eastern Europe - Western China
US$1.80 Per Mile US$0.20 Per Mile
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
NEW
TRADE ROUTE
Europe - China
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
TRADE ROUTE
32 Days
9597 MILES US$ 4719
China-Pakistan Economic CorridorIntermodal Transport Network (6 Days)
AFRICA
EUROPE
MIDDLE EAST
WESTERN CHINA
Karachi Port 26 Days
7847 MILESUS$ 1570
KazakistanKazakistan
CENTRAL ASIAKashgar
SHORT DISTANCE & LOW COST
9535 Miles Saved41%LOWERCOST
9597 MILES US$ 4719
Europe - China
Route: Eastern Europe - Western China
US$1.80 Per Mile US$0.20 Per Mile
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
TRADE ROUTE
Central Asia-Arabian Sea
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
AFRICA
EUROPE
MIDDLE EAST
CENTRAL ASIA
China-Pakistan Economic Corridor (CPEC)
Mazar-i-Sharif
Ashgabat
Tehran
Almaty Chorgos
Urumqi
10 Days
2437 MILESUS$ 4387
Khunjerab
Karachi
Osh
Tashkent
Kashgar
CREATING ACCESS TO MIDDLE EASTERN, AFRICAN & FAR EASTERN MARKETS
TRADE ROUTE
Central Asia - Arabian SeaCHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
US$1.80 Per Mile US$0.20 Per Mile
SHORT DISTANCE & LOW COST
9298 Miles Saved48%LOWERCOST
2437 MILES US$ 4387
Route: Central Asia – Arabian Sea
TRADE ROUTE
Pakistan
ChinaUzbekistan
Afghanistan
Train Route: Central Asia – China – CPEC – Arabian Sea
expected trade route from Central Asia to access Arabian Sea for Middle Eastern, African & Far Eastern Markets
Iran
Turkmenistan
Gwadar- Urumqi(2778 Miles)
Kazakhstan
Khunjerab
Kashgar
Gwadar
Arabian Sea
Caspian Sea
Black Sea
Mediterranean Sea
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
Central Asia - Arabian Sea
TRADE ROUTE
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
Central Asia - Arabian Sea
Route: Central Asia – China – CPEC – Arabian Sea
CPEC – CENTRAL ASIA PACT
“Kazakhstan announced onTuesday its support andintention to join the China-Pakistan Economic Corridor(CPEC) in the long runwhen its Prime MinisterKarim Massimov assuredvisiting Prime MinisterNawaz Sharif here thatKazakhstan would like tojoin the mega project as itwould provide analternative route to theCentral Asian State foraccess to sea.”
The News August 26, 2015
Kazakhstan
“Tajikistan PresidentEmomali Rehmanovassured Pakistan itsresolute support for theinfrastructure projectsunder the China PakistanEconomic Corridor (CPEC),providing greaterconnectivity betweenPakistan and Tajikistan, andcompletion of the CASA-1000 project “
The News November 14, 2015
Tajikistan
“Turkmenistan's PresidentBerdimuhamedov echoedMr Sharif’s views about theimportance of CPEC andsaid it was a project thatwould guarantee progressand prosperity in theregion. “
The DawnNovember 26, 2016
Turkmenistan Uzbekistan
“Pakistan on Fridayformally invited land-lockedCentral Asian StateUzbekistan to join theChina-Pakistan EconomicCorridor (CPEC) and hasmaintained that both thecountries need toformulate a joint integratedstrategy to exploit thepotential of trade in theregion, especially in view ofCPEC.”
The NEWS24 December 2016
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
CPEC LINKAGES IN GLOBAL TRANSPORT ROUTE
CHINA IN GLOBAL TRANSPORT INFRASTRUCTURE
China-Pakistan Economic Corridor Intermodal Route(6 Days)
ONE BELT – ONE ROAD (OBOR)CPEC Linkages with International Trade Routes
CHINA-PAKISTAN ECONOMIC CORRIDOR
INVESTMENT | INFRASTRUCTURE DEVELOPMENTS | PROJECTS
INVESTMENTS
NORTHERNSECTION
CENTRAL SECTION
SOUTHERNSECTION
Energy
Rail
Road
Gwadar Port
Fibre Optics
38
10.79
6.10
0.79
0.04
US$ 62 BILLIONCHINESE INVESTMENT IN KEY PROJECTS
US$ Billion
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
KEY ZONES & CLUSTERSCHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
Railway Routes
Kotlajam
ML-2 Extenstion(1050 km)
ML-3 Extenstion (560 km)
Planning New Rail Link
Track-Access Projects under Public-Private Partnership
Up-gradation of Tracks
New Locomotives Imported
1254 km
1872 km
1560 km
EAST BAY EXPRESSWAY
Gwadar East-Bay Expressway
The Eastbay Expressway Project envisages building a 19km-long road,connecting the Gwadar Port with the Makran Coastal Highway.
Ground Breaking: November 2017Expected Completion Date: September 2019
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
Tax Exemption: 23 years Covered Area: 2300 acres.
GWADAR FREE ZONECHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
GWADAR FREE ZONECHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
One-time exemption from customs duties on plant and machinery for thedevelopment and maintenance of the SEZ for developers
Income tax exemption for a period of five years for developers
one time exemption from customs duties on imports of plants and machineryinto the SEZ for installation
Income tax exemption for a period of 10 years for units starting production by30th June 2020 and five years thereafter
Provision of plots on installments (50% down payment and remaining 50% infour biannual installments basis)
Mark-up support @ 50% of the mark-up to a maximum of 5% on the loans takenin Pakistani currency for financing a project
Freight subsidy @ 50% on inland transportation of plant and machinery forinstallation in any SEZ.
Source: Business Recorder 14 April 2018
Date: 29-31 January 2018
EXPO CENTRE GWADAR FREE ZONECHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
GWADAR DESALINATION PLANT
Capacity: 250,000 Gallon Per Day
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
GWADAR PORT MASTER PLAN
100 BERTHS 400 Million Tons per annum
The potential of ‘CPEC’ will be realized when
Gwadar Port capacity reach its peak of
cargo handling by 2045
CHINA-PAKISTAN ECONOMIC CORRIDOR
Intermodal Routes for Regional Trade Prosperity
CHINESE INVESTEMENT IN GLOBAL PORTS
105MILLION
TEUs
EUROPE
199MILLION
TEUs
CHINA
REGIONAL PROSPERITYTHE HUB OF
24MILLION
TEUs
AFRICA
ONE BELT – ONE ROAD (OBOR)CPEC Linkages with International Trade Routes
LEVERAGING TRADE BENEFITS
WITH REGIONAL CONNECTIVITY
INVESTING IN ‘WIN-WIN’ STRATEGY
OBOR
THANK YOU
Related Documents
