Pakistan says will approach Iran to purchase additional 100MW daily electricity for Gwadar 

This photo shows a view of marine drive of Gwadar, Pakistan. (Photo courtesy: @ImranGhazaliPK/Twitter)
Short Url
Updated 25 May 2022
Follow

Pakistan says will approach Iran to purchase additional 100MW daily electricity for Gwadar 

  • Iran has been supplying electricity to Gwadar, Kech and Panjgur districts in southwestern Balochistan since 1999
  • Balochistan is Pakistan’s most undeveloped and neglected region, Gwadar is not connected to the national grid

GWADAR: A federal government adviser said on Tuesday Pakistan had directed authorities in the southwestern Balochistan province as well as the power division of the country to initiate talks with Iran on the purchase of an additional 100 megawatts of electricity to fulfill the daily power needs of Gwadar, a port city at the center of the $65 billion China-Pakistan Economic Corridor (CPEC).

Balochistan is Pakistan’s most underdeveloped and neglected region, and Gwadar is not connected to the national grid. It had instead relied on power from neighboring Iran but that has slowed to a trickle in recent months. Water has also become scarce after a dam dried up.

Last year, weeks-long protests erupted in the strategically important fishing town against a severe shortage of water and electricity and threats to livelihoods, seen as part of growing discontent with China’s presence in Gwadar.

Beijing and Islamabad hope to turn Gwadar into a regional commercial, industrial and shipping hub that will give China a shorter, more secure trading route, via Pakistan, to the Middle East and beyond, while also boosting Pakistan’s economy. But locals of the city have long complained that Chinese presence and investment in the area has done little to improve their lives, particularly with regards to water and power scarcity. Baloch militant insurgent groups have also carried out militant attacks in protest over CPEC projects.

“Instructions have been issued to the government of Balochistan and the [federal] power division for talks with Iran for the purchase of an additional 100 megawatts of electricity at the soonest,” Jawad Akhtar Khokhar, a maritime affairs adviser at the Pakistani planning ministry, told Arab News. 

Since 1999, Iran has supplied electricity to Pakistan’s Gwadar, Kech and Panjgur districts in the coastal Makran division in Balochistan. It supplied 35MW daily until 2013, when the quota was increased to 100MW due to the growing needs of Gwadar, where residents have long complained of neglect and protested for basic rights. 

Khokhar said the government had granted the Frontier Works Organization (FWO), a military engineering organization, a contract to build a power transmission line to connect Pakistan’s coastal districts with the national grid, for which Rs3 billion ($14.9 million) had been allocated. In the longterm, he said, proposals were under discussion for China to produce 300MW for Gwadar port and city.

In addition to this, he said, 3,000 solar panels had been distributed among local fisherfolk, 1,032 of which had been installed already while the remaining would be installed within a month.

Addressing a conference in Gwadar last week, organized by the Institute of Policy Studies (IPS) and the University of Gwadar, among others, Khokhar gave an overview of development projects in the port city, saying three projects worth $314 million had been completed. These include the Gwadar Smart Port City Master Plan, physical infrastructure of the Gwadar Port and Free Zone Phase-1, and the Pak-China Technical and Vocational Institute.

Another seven projects worth $1.44 billion were in the implementation phase, including the Eastbay Expressway, water treatment, supply and distribution facilities, New Gwadar International Airport, Pak-China Friendship Hospital, Gwadar Free Zone Phase-II, 300 MW coal power plant and a desalination plant with 1.2 million gallons’ capacity.

Speaking at a conference, Naseer Khan Kashani, chairman of the Gwadar Port Authority (GPA), said the government needed to “prioritize people over infrastructure development.”

“Drinkable water and electricity is the top priority of authorities in Gwadar,” he said. 

In his keynote speech at the conference, Zhang Baozhong, chairman of the China Overseas Ports Holding Company (COPHC), said Beijing acknowledged that Gwadar deserved “more rapid development to live up to the expectations of the local people.”


Leading fintech outlines vision for affordable remittances for Pakistani users at Dubai summit

Updated 5 sec ago
Follow

Leading fintech outlines vision for affordable remittances for Pakistani users at Dubai summit

  • Unencumbered by traditional banking infrastructure, top JazzCash official sees fintechs offering greater financial inclusion
  • Murtaza Ali says women already constitute 30 percent of JazzCash customers and 17 percent of its lending users

KARACHI: The top official of a leading Pakistani fintech told a summit in Dubai on Friday financial platforms offered by companies like his could boost remittances to the country, making these transfers more affordable and remotely accessible while making the platforms pivotal for millions of local households.

JazzCash, a mobile wallet and branchless banking service provided by a major telecom operator in Pakistan, was originally launched as “MobiCash” in 2012 before it was rebranded four years later.

Earlier this week, it announced a partnership with the United Arab Emirates-based financial service provider, du Pay, for smooth cross-border payments, saying the collaboration, powered by Western Union, would allow Pakistani nationals to send money directly to JazzCash mobile wallets.

According to a statement issued by the company, the JazzCash head, Murtaza Ali, spoke about the financial inclusion provided by fintech organizations while discussing their impact on the country’s economic landscape.

“Detached from traditional limitations like bank branches and agent networks, digital remittances can reach even remote, low-income households, empowering them to participate in the formal financial system,” he told the participants of the Dubai summit.

The Gulf nation hosts a vast Pakistani expatriate community and holds the distinction of being the second-largest contributor of remittances to Pakistan after Saudi Arabia, with $548 million transferred to the South Asian country in March.

Ali also revealed that women constituted 30 percent of JazzCash customers, 17 percent of lending users, 23,000 merchants and 6,000 agents.

“These encouraging numbers reflect the company’s ongoing commitment to enhancing female participation in its services,” he added.

The statement informed he also praised Pakistan’s central bank, telecom authority and financial regulatory agency for their collaborative approach that propelled digital and financial inclusion across the country.

“With a large unbanked population and a cash-dependent SME [small and medium enterprise] sector, we anticipate exponential growth,” it quoted Ali as saying. “Our roadmap involves leveraging data for risk assessment, venturing into Insurtech, and further integrating financial services into everyday transactions.”


Government says eight entities interested in Pakistan’s debt-ridden airlines amid privatization drive

Updated 17 May 2024
Follow

Government says eight entities interested in Pakistan’s debt-ridden airlines amid privatization drive

  • The deadline for submitting expressions of interest to participate in PIA’s divestment ended at 4 PM on Friday
  • The Privatization Commission is now carrying out the pre-qualification process in line with the laid-out criteria

KARACHI: The Ministry of Privatization on Friday named eight business entities that have expressed interest in acquiring stakes in the state-owned Pakistan International Airlines (PIA) that has faced significant financial difficulties and repeatedly urged the government for bailouts in recent years.

Pakistan agreed to overhaul its public sector entities under a $3 billion short-term loan package it signed with the International Monetary Fund (IMF) last year to avert a sovereign debt default.

The IMF recommended the government privatize the state-owned enterprises (SOEs) whose losses were burning a hole in the country’s finances amid its already precarious economic situation.

According to the ministry, the deadline for submitting expressions of interest to participate in PIA’s divestment process ended at 4 PM today.

“In response to the Invitation of Expression of Interest (EoI), for Divestment of Pakistan International Airlines Corporation Limited (PIACL), published advertisement in leading national and international newspapers on 2nd & 3rd April, 2024, Privatization Commission has received Statement of Qualifications from (1) Fly Jinnah, (2) Air Blue Limited, (3) Arif Habib

Corporation Limited, (4) Sardar Ashraf D. Baluch – SHANXI CIG Co. Ltd. (China), (5) Gerry’s International (Private) Limited, (6) Consortium Lead by Y.B. Holdings (Private) Limited, (7) Consortium Lead by Pak Ethanol and (8) Consortium Lead by Blue World City,” it announced.

“Privatization Commission will now carry out the pre-qualification process in line with the criteria laid down in the RSOQs [Requests for Statement of Qualification], under the PC Ordinance 2000 and rules & regulations framed thereunder,” it continued. “Accordingly, the pre-qualified parties will be invited for the next stage of bidding process.”

The privatization of SOEs is proving to be a challenging process. Prime Minister Shehbaz Sharif stated earlier this week his government would not sell public entities it deemed “strategically important.”

Prior to this, the newly appointed Deputy Prime Minister Ishaq Dar, while chairing a meeting of the Cabinet Committee on Privatization, affirmed the government would continue to retain essential or strategic SOEs.

Contrasting these views, Finance Minister Muhammad Aurangzeb, who is negotiating with the IMF for a fresh loan, declared that there was “no such thing as a strategic” public entity, indicating his intent to keep the privatization process comprehensive.


Shaheen Shah Afridi quells team discord rumors, says Pakistan eyeing T20 World Cup victory

Updated 17 May 2024
Follow

Shaheen Shah Afridi quells team discord rumors, says Pakistan eyeing T20 World Cup victory

  • Afridi briefly served as Pakistan’s T20I captain following the team’s underperformance in last year’s ODI World Cup
  • The leadership change at the helm followed contentious statements, triggering debate about solidarity within the team

ISLAMABAD: Pakistani speedster Shaheen Shah Afridi on Friday dismissed concerns about unity within the national cricket team ahead of the Twenty20 World Cup, saying there was no discord within the squad where every player was focusing on winning the big tournament next month.

Afridi was appointed as the T20I captain after Babar Azam announced his decision to step down following the team’s underperformance in last year’s Asia Cup, hosted by Pakistan and Sri Lanka, as well as the ODI World Cup played in India. However, his tenure was brief and ended in March 2024, following Pakistan’s 4-1 defeat in the T20I series against New Zealand.

Azam was brought back to lead the national team, but the leadership change was surrounded by contentious statements that triggered a debate about the lack of solidarity within the team.

“If there are ever small misunderstandings, these happen in every family,” he said during his appearance on the Pakistan Cricket Board’s podcast focusing on his career and the team’s ongoing dynamics. “And when there are brothers, they also sometimes have disagreements over little things. But thankfully, there is nothing like that in this team.”

“Our effort is always to play with unity,” he continued. “This is not the time where there can be argument or discord. This is a time when everyone has to be involved in one process, moving together with unity toward achieving the same goal.”

Afridi said he had fully recovered from his injury last year.

He maintained it was the team’s “job to play cricket and bring joy to our nation.”

“We are also tired of telling people that we will win the World Cup,” he said with a smile. “But God willing, this time we will make this happen.”


Pakistan’s state minister for IT says 5G launch preparations underway to boost digital economy

Updated 17 May 2024
Follow

Pakistan’s state minister for IT says 5G launch preparations underway to boost digital economy

  • Shaza Fatima Khawaja says the move will create employment opportunities for Pakistan’s youth
  • The country last completed the auction for 3G and 4G networks about ten years ago in April 2014

KARACHI: Pakistan State Minister for IT and Telecommunication Shaza Fatima Khawaja has announced that preparations are underway to launch 5G spectrum services to promote the digital economy in the country, state-run Radio Pakistan reported on Friday.

Last year, Pakistan’s federal cabinet greenlighted the much-anticipated auction of 5G spectrum services in the country. Pakistan last completed the auction for 3G and the more advanced 4G networks— the first of its kind in the country— in April 2014.

“The launch of 5G will facilitate the country’s youth and create enormous employment opportunities in the IT sector,” the report quoted the state minister as saying while addressing a ceremony in Islamabad in connection with the World Telecommunication and Information Society Day.

The state minister highlighted the government was liaising with optic fiber companies and working to bolster the volume of their exports, capitalizing on the country’s potential in this sector.

She said that five billion rupees had also been allocated for the skill development of youth.

Khawaja added that the incumbent coalition government was working to expand the exports of around 35 companies engaged in manufacturing mobile phones.


Pakistan throws weight behind full UN membership for Palestine, urges Security Council action

Updated 17 May 2024
Follow

Pakistan throws weight behind full UN membership for Palestine, urges Security Council action

  • UNGA last week overwhelmingly backed Palestinian bid to become full member by recognizing it was qualified to join
  • Palestinian push for full UN membership comes seven months into war between Israel and Hamas in the Gaza Strip

KARACHI: Pakistan has expressed support for a “historic” call by the United Nations General Assembly (UNGA) to admit the state of Palestine as a full member, the Foreign Office (FO) in Islamabad said on Friday, urging the UN Security Council to decide the matter “favorably.”

The UNGA last week overwhelmingly backed a Palestinian bid to become a full UN member by recognizing it was qualified to join and recommending the UNSC “reconsider the matter favorably.” The vote by the 193-member General Assembly was a global survey of support for the Palestinian bid to become a full UN member — a move that would effectively recognize a Palestinian state — after the United States vetoed it in the UN Security Council last month.

“Pakistan supports the historic call made by the UN general assembly made at the 10th emergency session to admit the state of Palestine as a full member,” FO spokesperson Mumtaz Zahra Baloch told reporters at a weekly press briefing.

“The resolution determined that the state of Palestine is qualified for membership of the UN and recommended the security council to decide the matter favorably.”

Baloch said the UNSC had been provided another opportunity to lift its objections to the admission of Palestine to the UN and “restore the credibility of the assurances that have been given in support of the two-state solution.”

The Palestinian push for full UN membership comes seven months into a war between Israel and Palestinian group Hamas in the Gaza Strip, and as Israel is expanding settlements in the occupied West Bank, which the UN considers illegal.

Palestinian health authorities say Israel’s ground and air campaign in Gaza has killed more than 35,000 people, mostly civilians after the war broke on Oct 7 when Hamas fighters stormed across the border into Israel.

Pakistan does not recognize the state of Israel and calls for an independent Palestinian state based on internationally agreed parameters and the pre-1967 borders with Al-Quds Al-Sharif as its capital.