ISLAMABAD, Jul 15 (APP): A hefty amount of US$ 35 billion energy component of China Pakistan Economic Corridor (CPEC) would help overcome energy crisis in Pakistan as well as upgrading the power transmission and distribution system in the country.
In energy component of the CPEC, Sindh province is largest recipient of energy projects, where US$ 11.5 billion out of US$ 35 billion energy portfolio is being constructed in CPEC, according to a senior official in Ministry of Planning, Development and Reform here on Friday.
A 10,000 Megawatt(MW) power plant will be added by 2018 and additional 15,000 MW by 2025, he said, adding, the government was building new dams, including Diamer Bhasha Dam and Dasu dam.
Gwadar component of CPEC would not only develop Gwadar Seaport, International Airport, Expressway but would also focus on social sector by constructing hospital and technical and vocational training institute in the port city.
He said, the government has also increased higher education budget from Rs.48 billion to Rs. 78 billion last two years as well as working on setting up universities campuses at district levels.
Knowledge corridor between Pakistan and the United States will produce 10,000 Ph.Ds scholars during next ten years,” he added.
