POWERCHINA Felicitates Pakistan On 10th Anniversary of CPEC

POWERCHINA Felicitates Pakistan On 10th Anniversary of CPEC
In 2023, we will celebrate the 10th anniversary of both the Belt and Road Initiative (BRI) and the launch of the China–Pakistan Economic Corridor (CPEC). Since it entered the Pakistani market as early as 1987, Power Construction Corporation of China (POWERCHINA) has been active in various sectors such as energy, electricity, water management, and infrastructure investment in Pakistan. POWERCHINA is also one of the key enterprises participating in the construction of CPEC.

Over the past 36 years, POWERCHINA has completed 103 projects in Pakistan, including the first roller-compacted concrete (RCC) dam in Pakistan (the Gomal Zam Dam multipurpose project), the first mainstream hydropower station on the Indus River (the Ghazi-Barotha hydropower project), the largest installed hydropower station (the Tarbela 4th & 5th extension hydropower project), and the largest wind farm, the Tricon Boston 150 MW wind power project.

In the past ten years, POWERCHINA has participated in the investment and construction of 11 out of the first 20 energy and infrastructure projects of CPEC. POWERCHINA has consolidated the traditional power business, and continued to contribute to the development of new energy and other fields.

Pakistan's largest hydropower hub project currently being constructed by POWERCHINA - the Diamer Basha Dam Project - will become the tallest and largest RCC dam in the world, and is expected to provide Pakistan with 18.1 billion KWh of clean electricity every year. As the project progresses, it is expected to provide more than 20,000 job opportunities, which is one of the many positive impacts of this project.

As one of the leading infrastructure development enterprises in China, POWERCHINA has carried out high-quality clean energy project construction and operation in accordance with international standards. It has not only made important contributions to the sustainable development of Pakistan, but also played a key role in the development of CPEC.

POWERCHINA remains committed to improving Pakistan's infrastructure conditions, alleviating local power shortages, and collectively realizing the fruitful outcomes of BRI and CPEC for win-win outcomes that benefit the Pakistani and Chinese people.