Professional Documents
Culture Documents
ROLL NO : 2K20/ELLE/83
INTRODUCTION
Introduction to CPEC
• China Pakistan Economic Corridor is a collection of projects
• It is a $46 billion project, which would connect the Gwadar port of
Balochistan province in South-western Pakistan to Kashgar in the
Xinjiang Uyghur autonomous region in North-Western China
It is a road and belt program which will connect the almost whole Asia
with one route to china and Pakistan
MOU (continued)
Cooperation between Water and Power Development Authority
(WAPDA) and China Three Gorges (CTG) Corporation
• Contract on Lahore Orange Line Metro Train Project
• financing for Lahore Orange line Metro Train project
Establishment of NUML International Center of education (NICE)
between NUML Pakistan and Xinjiang Normal University
• financing for KKH up-gradation Phase-2 (Havelian to Takot
Benefits to Pakistan
• Strategic and economic trade routes.
Route will provide the way to trade and easier import and export as
well as.
• Development of Infrastructure.
Will make a great structure in between all the province of Pakistan
• Connect all the Province.
• Development of Fata, KPK and Baluchistan.
Mostly useful for these provinces there is a huge problem to trade
Pakistan and other countries also because of Taliban
• Job opportunities
Will give hundrents of oportunies to Pakistani youngsters to prove their
skill and also this will create so many jobs in Pakistan and will make
paksitani industries more profitable.
Benefits to China
• It would decrease the travel distance and cost greatly from China to Gulf
Now days chinas importing fuel from a long rute and spending millions in just
importing the fuel this will make route shorter and faster way to import.
Even if China uses PCEC for 50% of its Oil supplies then it will save $6 Million every
day, almost $2 billion every year.
Challenges
• The first challenge is to keep the 1,300 km Karakoram Highway (KKH)
functional throughout the year.
• western route of the economic corridor, leading directly to Gwadar
Port, runs through a vast landmass where insecurity prevails.
• Pakistan faces serious problem of Corruption.
• Difficult to compete chine’s product in local market
Conclusion
• Pakistan and china holds a great importance in the world