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CPEC China-Pakistan Economic Corridor
CPEC China-Pakistan Economic Corridor
Submitted By:-
Submitted To:-
Sir Zohaib
Degree:-
Bs Software Engineering
Semester:-
The BRI was first announced in 2013 by Chinese President Xi Jinping. It is a global development
strategy that aims to connect China to other countries through infrastructure projects. The BRI
includes projects in over 150 countries and is expected to cost over $1 trillion.
The BRI is divided into two main components: the Silk Road Economic Belt and the 21st Century
Maritime Silk Road. The Silk Road Economic Belt is a land-based route that connects China to
Central Asia, South Asia, and Europe. The 21st Century Maritime Silk Road is a sea-based route
that connects China to Southeast Asia, South Asia, the Middle East, and Africa.
The BRI aims to improve regional integration, increase trade, and stimulate economic growth. It also
aims to expand China's economic and political influence around the world.
The BRI has been praised for its potential to boost economic development in participating countries.
However, it has also been criticized for its lack of transparency, its potential for debt traps, and its
environmental impact.
Promote economic cooperation and trade between China and other countries
Lack of transparency: The BRI is not subject to any multilateral oversight or accountability
mechanisms.
Potential for debt traps: Some countries have borrowed heavily from China to finance BRI projects,
which has raised concerns about debt sustainability.
Environmental impact: Some BRI projects have been criticized for their negative environmental
impact.
Despite the criticisms, the BRI remains a major priority for the Chinese government. The BRI is likely
to play a significant role in shaping the global economy in the coming decades.
The China-Pakistan Economic Corridor (CPEC) is a $62 billion infrastructure project that connects
China's western Xinjiang province to the Pakistani port of Gwadar. The CPEC includes roads,
railways, power plants, and other infrastructure projects.
The Mombasa-Nairobi Standard Gauge Railway in Kenya is a $3.2 billion railway that connects the
port of Mombasa to the capital city of Nairobi. The railway was built by a Chinese company and
financed by the Chinese government.
The Piraeus Port in Greece is a major port that has been leased to a Chinese company for 35 years.
The Chinese company has invested heavily in the port, and it is now one of the busiest ports in the
Mediterranean Sea.
The BRI is a complex and ambitious project. It has the potential to boost economic development in
participating countries, but it also raises a number of concerns. The BRI is likely to be a major topic
of discussion and debate for many years to come.
The route of the Belt and Road Initiative (BRI) is divided into two main components: the Silk Road
Economic Belt and the 21st Century Maritime Silk Road.
The Silk Road Economic Belt runs from China through Central Asia, South Asia, and Southwest Asia
to Europe. It passes through countries such as Kazakhstan, Russia, Kyrgyzstan, Tajikistan,
Uzbekistan, Turkmenistan, Iran, Turkey, Georgia, Azerbaijan, Armenia, Bulgaria, Greece, and Italy.
The 21st Century Maritime Silk Road runs from China through Southeast Asia, South Asia, the
Middle East, and Africa to Europe. It passes through countries such as Vietnam, Cambodia,
Thailand, Malaysia, Indonesia, Singapore, the Philippines, Myanmar, Bangladesh, India, Sri Lanka,
Pakistan, Iran, the United Arab Emirates, Saudi Arabia, Egypt, Kenya, Tanzania, and Djibouti.
The China-Pakistan Economic Corridor (CPEC) is a major component of the BRI. It is a $62 billion
infrastructure project that connects China's western Xinjiang province to the Pakistani port of
Gwadar. The CPEC includes roads, railways, power plants, and other infrastructure projects.
The CPEC route begins in Kashgar, Xinjiang, China and runs south through the Karakoram
Mountains into Pakistan. It then passes through the Pakistani provinces of Gilgit-Baltistan, Khyber
Pakhtunkhwa, Punjab, and Sindh before ending at the port of Gwadar.
The CPEC is a major strategic project for both China and Pakistan. It provides China with a direct
route to the Arabian Sea, and it gives Pakistan access to Chinese investment and technology. The
CPEC is also expected to boost trade and economic development in both countries.
BRI and CPEC routes
It is important to note that the BRI is still under development, and the routes of some projects may
change in the future.
The route of the Belt and Road Initiative (BRI) is divided into two main components: the Silk Road
Economic Belt and the 21st Century Maritime Silk Road.
The Silk Road Economic Belt runs from China through Central Asia, South Asia, and Southwest Asia
to Europe. It passes through countries such as Kazakhstan, Russia, Kyrgyzstan, Tajikistan,
Uzbekistan, Turkmenistan, Iran, Turkey, Georgia, Azerbaijan, Armenia, Bulgaria, Greece, and Italy.
The 21st Century Maritime Silk Road runs from China through Southeast Asia, South Asia, the
Middle East, and Africa to Europe. It passes through countries such as Vietnam, Cambodia,
Thailand, Malaysia, Indonesia, Singapore, the Philippines, Myanmar, Bangladesh, India, Sri Lanka,
Pakistan, Iran, the United Arab Emirates, Saudi Arabia, Egypt, Kenya, Tanzania, and Djibouti.
The China-Pakistan Economic Corridor (CPEC) is a major component of the BRI. It is a $62 billion
infrastructure project that connects China's western Xinjiang province to the Pakistani port of
Gwadar. The CPEC includes roads, railways, power plants, and other infrastructure projects.
The CPEC route begins in Kashgar, Xinjiang, China and runs south through the Karakoram
Mountains into Pakistan. It then passes through the Pakistani provinces of Gilgit-Baltistan, Khyber
Pakhtunkhwa, Punjab, and Sindh before ending at the port of Gwadar.
The CPEC is a major strategic project for both China and Pakistan. It provides China with a direct
route to the Arabian Sea, and it gives Pakistan access to Chinese investment and technology. The
CPEC is also expected to boost trade and economic development in both countries.
History of CPEC
The history of CPEC can be traced back to 2013, when Chinese President Li Keqiang
proposed the idea during his visit to Pakistan. The project was officially launched in 2015,
when both countries signed a series of agreements worth $46 billion to finance various
energy and transportation projects along the corridor Since then, CPEC has expanded to
include other sectors such as agriculture, industry, tourism, education, and health The
project is expected to be completed by 2030
Importance of CPEC
The importance of CPEC lies in its potential to boost economic growth, create jobs, enhance
connectivity, and improve security in both countries. For China, CPEC provides an alternative
route to access the Middle East and Europe, reducing its dependence on the Strait of
Malacca, which is vulnerable to piracy and geopolitical tensions For Pakistan, CPEC offers
an opportunity to overcome its chronic energy crisis, upgrade its infrastructure, diversify its
exports, and attract foreign investment CPEC also aims to foster regional cooperation and
stability by involving other countries such as Afghanistan, Iran, and Central Asian states
Energy projects: These include coal, hydro, wind, solar, and nuclear power plants that aim to
address Pakistan’s energy shortage and diversify its energy mix. Some of the completed
projects are the Port Qasim Coal Power Plant, the Sahiwal Coal Power Plant, the Quaid-e-
Azam Solar Park, and the Karot Hydropower Station Some of the ongoing projects are the
Thar Coal Block-I Power Generation Project, the Gwadar Coal Power Project, the Matiari-
Lahore Transmission Line Project, and the Chashma Nuclear Power Plant
Transport infrastructure projects: These include highways, railways, airports, and ports that
aim to improve connectivity and trade within Pakistan and with China. Some of the
completed projects are the Peshawar-Karachi Motorway (Multan-Sukkur Section), the
Havelian-Thakot Expressway, the Gwadar East Bay Expressway, and the New Gwadar
International Airport Some of the ongoing projects are the Karachi-Lahore Motorway
(Sukkur-Hyderabad Section), the ML-1 Railway Line (Karachi-Peshawar), the Orange Line
Metro Train (Lahore), and the Gwadar Smart Port City Master Plan
Industrial cooperation projects: These include special economic zones (SEZs) that aim to
promote industrialization, investment, and export in Pakistan. Some of the planned SEZs are
the Rashakai SEZ, the Dhabeji SEZ, the Allama Iqbal SEZ, and the Bostan SEZ Some of the
potential industries that can benefit from these SEZs are textiles, garments, leather,
chemicals, pharmaceuticals, engineering, and IT.
Social and economic development projects: These include projects that aim to improve the
quality of life, education, health, agriculture, tourism, and culture in Pakistan. Some of the
completed projects are the Cross-Border Optical Fiber Cable Project, the Pak-China
Friendship Hospital (Gwadar), and the Vocational Training Institute (Gwadar) Some of the
ongoing projects are the CPEC Scholarship Program, the CPEC Cultural Communication
Center, and the Agricultural Technology Demonstration Center
Economic benefits: CPEC is expected to boost economic growth, trade, and investment
in both China and Pakistan, as well as the region. According to a study by the World
Bank, CPEC could increase Pakistan's GDP growth by 2.5 percentage points and create
over 1.1 million jobs by 2030. CPEC could also enhance China's access to the Middle
East and Europe, reducing its dependence on the Strait of Malacca and increasing its
energy security. ² CPEC could also foster regional cooperation and integration by
involving other countries such as Afghanistan, Iran, and Central Asian states.
Job creation: CPEC is expected to create millions of direct and indirect jobs in both
China and Pakistan, as well as the region. According to a report by the Planning
Commission of Pakistan, CPEC has already created over 75,000 jobs in Pakistan from
2015 to 2019. CPEC is also expected to create more jobs in the future as more projects
are completed and operationalized. CPEC could also provide opportunities for skill
development, entrepreneurship, and innovation for the people of both countries.
Importance of Gwadar and Projects Under it.
Gwadar is a port city on the southwestern coast of Pakistan. It is located on the Gulf of
Oman and is close to the Strait of Hormuz, a major shipping route. Gwadar is a deep-
sea port, which means that it can accommodate large ships.
Gwadar is a key part of the China-Pakistan Economic Corridor (CPEC). CPEC is a multi-
billion dollar infrastructure project that connects China to Pakistan through a network of
roads, railways, and pipelines. Gwadar is the terminus of CPEC, and it is expected to
play a major role in trade between China and the rest of the world.
There are a number of projects that are currently underway in Gwadar as part of CPEC.
The Gwadar projects are expected to bring a number of benefits to Pakistan, including:
The Gwadar Ko Haq Do Movement began in November 2021 and has been ongoing
since then. The protests have been met with a crackdown by the Pakistani government,
which has arrested several activists and restricted access to the internet in Gwadar.
The People Against CPEC is a coalition of civil society groups that are opposed to the
CPEC. The coalition argues that the CPEC is not transparent and that it is being
implemented without the consent of the local people. The People Against CPEC also
alleges that the CPEC is leading to environmental damage and displacement.
The Gwadar Ko Haq Do Movement and the People Against CPEC are both important
movements that are raising awareness about the challenges and risks associated with
CPEC. These movements are also demanding that the Pakistani government and the
Chinese government take steps to ensure that the local people benefit from CPEC.
Here are some of the key demands of the Gwadar Ko Haq Do Movement:
● Access to clean water, electricity, and education
● Jobs for local people in CPEC projects
● A share of the profits from CPEC projects
● Protection of the environment
● An end to the crackdown on activists
The Gwadar Ko Haq Do Movement has gained support from a number of people in
Pakistan, including politicians, activists, and journalists. The movement has also
received international attention, with several human rights groups expressing solidarity
with the protesters.
The People Against CPEC has also gained support from a number of people in Pakistan
and around the world. The coalition has organized protests and rallies against the
CPEC, and it has also published reports and articles on the challenges and risks
associated with the project.
The Gwadar Ko Haq Do Movement and the People Against CPEC are important
movements that are holding the Pakistani government and the Chinese government
accountable for the implementation of CPEC. These movements are also demanding
that the local people benefit from CPEC.
It is important to weigh the potential benefits and risks of CPEC carefully before making
any decisions about the project. It is also important to ensure that the Pakistani
government is transparent about the implementation of CPEC and that it is accountable
to the Pakistani people.
The future of the China-Pakistan Economic Corridor (CPEC) is uncertain. The project
has been plagued by delays and cost overruns, and there are growing concerns about
its environmental and social impact.
One of the biggest challenges facing CPEC is the political situation in Pakistan. The
country has been plagued by instability and violence for many years, and this has made
it difficult to implement CPEC projects. In particular, the insurgency in Balochistan has
made it difficult to build and maintain CPEC infrastructure in the province.
Another challenge facing CPEC is the global economic slowdown. The COVID-19
pandemic has had a devastating impact on the global economy, and this has led to a
decline in investment in CPEC projects.
The environmental impact of CPEC is also a major concern. The project has been
criticized for its potential to pollute the air and water, and to damage fragile
ecosystems.
The social impact of CPEC is also a concern. The project has been criticized for its
potential to displace people and to exacerbate existing inequalities.
Despite these challenges, there are a number of factors that could lead to a successful
future for CPEC. One factor is the strong commitment of the Chinese government to the
project. China has invested heavily in CPEC, and it is committed to seeing the project
through to completion.
Another factor is the growing economic ties between China and Pakistan. China is
Pakistan's largest trading partner and its biggest source of foreign investment. This
close economic relationship is likely to ensure that CPEC remains a priority for both
countries.
Finally, CPEC has the potential to bring significant benefits to Pakistan. The project
could help to boost economic growth, create jobs, and improve infrastructure.
The future of CPEC will depend on a number of factors, including the political situation
in Pakistan, the global economic climate, and the environmental and social impact of
the project. However, there are a number of factors that could lead to a successful
future for CPEC.
Here are some of the things that could happen to CPEC in the future:
● CPEC could be completed on schedule and within budget, and it could bring
significant benefits to Pakistan.
● CPEC could be delayed and over budget, and it could have a negative impact on
Pakistan's economy and environment.
● CPEC could be abandoned due to the political situation in Pakistan or the global
economic climate.
● CPEC could be scaled down or modified to address concerns about its
environmental and social impact.
It is important to note that CPEC is still in its early stages of development, and it is too
early to say definitively what its future will be. However, it is important to be aware of
the potential benefits and risks associated with the project.
Conclusion