Tuesday, March 26, 2019
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CPEC: high level of mutual trust


4,693 meters above sea level in the Karakoram Mountains on Pakistan’s northern border with China’ southwestern region of Xinjiang it’s called, Khunjerab Pass, with an international border gate.

CPEC is the single largest project ever in Pakistan. Aim to create sea-land transport connections between Gwadar and Kashgar. CPEC corridor will create the shortest access to sea for the country’s northwestern region. Pakistan and China, as well as its broader regional and global importance, this project becomes reality, Pakistan having a massive new network of roads, highways, railways and pipelines. The road will cover approximately 3,000 kilometers from Gwadar to Kashgar.

The internal motorway is also a part of this project, about 1100 kilometers long s from Lahore to Karachi, in addition to the Karakorum highway from Kashgar via Khunjrab Pass to Islamabad.

This is by far the largest infrastructural project ever in the history of Pakistan. Several projects are already underway and are expected to be completed by in 2018, with the short-term plan of CPEC to be completed by 2020, the mid-term by 2025 and long-term by 2030.

Through CPEC the government of Pakistan has been able to address the critical of energy and infrastructure in growth and 2017 Pakistan had a GDP growth of 5.3 per cent and in 2018 the projections are for 5.8 per cent or near 6.

Big investments in the energy sector to fast start the growth in the economy. CPEC projects have created thousands of jobs and revived construction and power sector industries. CPEC partnerships with multilateral institutions to build regional connectivity projects as regional connectivity & regional peace and prosperity.

CPEC appears to be an absolute development and Environment friendly package in energy sector and will be a boost Pakistan’s economy. CPEC will impact on Pakistan economically, politically and strategically.

Economically, in addition to becoming a major trade and transit hub for China & regions its will create 700,000 new jobs. Public-private partnerships and joint ventures between Pakistan and foreign investors. CPEC, intended to be completed by 2030, is a win-win for both countries. China will save millions of dollars every year by shortening its route for energy imports from the Middle East by about 12,000 km and also gets greater access to the Indian Ocean.

In other hand Pakistan sound infrastructural rail, roads, network, economic development, jobs etc... , CPEC is best & good for Gulf, Arab, Iran. When it’s complete they will also get fruits. Its regional, its make Pakistan hug of trade .Pakistan is Peace loving country. Pakistani manpower famous all over world, which useful for all regions.

Gwadar port not only provides China with lucrative commercial benefits but also huge strategic and geopolitical advantages, Gwadar will promote the economic development of Pakistan and become a gateway for Central Asian countries, including Afghanistan, Uzbekistan, linking Sri Lanka, Iran and Xinjiang to undertake marine transport.

In Pakistan Provinces like Khyber Pakhtunkhwa and Baluchistan, which lag far behind Punjab in terms of development, CPEC get an infrastructural boost in it .When fully functional corridor huge employment opportunities to all sections of society. Chinese investments increase in Pakistan.

CPEC will be a game changer by opening business opportunities for the region's traders. The people of Pakistan believe that China came to Pakistan's help when no-one was willing to invest in Pakistan due to security considerations, or due to the negative ratings on Pakistan. CPEC very high level of mutual trust.

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