Monday, December 23, 2019

Silent Features Of Developing A China Pakistan Economic...

Silent features of CPEC: The idea of developing a china Pakistan economic corridor (CPEC) was visualized by the Chinese premier Li Keqiang during his visit to Pakistan in May 2013, found a proper shape in the present visit of the president Xi.The proposed economic corridor will connect the north-western Chinese province of Xijiang through the network of roads measuring around 3000 km (Xinhua Net). The economic corridor will link China’s underdeveloped far western region to Pakistan ‘s Gawader deep-sea port on the Arabian sea via Pok through a massive and complex networks of roads,railways,business zones, energy scheme and pipelines.(Rediff News)) Chinese Government will support and finance Chinese Companies, to build $45.6 billion worth of energy and infrastructure project is part of CPEC and $33.8billions in energy and $ 11.8billions infrastructure will be completed in 2017 and deal includes $622 million for Gwadar port. According to CPEC agreement $15.5 billion worth of coal, wind ,solar and hydro energy project will add 10,400 megawatt of energy to the national grade of Pakistan.(Reuter:21 November 2014. This project will provide Pakistan telecommunication and energy infrastructure and aim to improve intelligence sharing between both countries. China Government will also give grant to Pakistan in order to construct a new international airport in Gwadar and will be operational by December 2017.CPEC project upgrades transportation infrastructure, railway system, roads,

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