Abstract
Regional connectivity and progress is related to vision of
shared development. This is the philosophy behind the
development of China-Pakistan Economic Corridor.
Building new transport infrastructure, energy resources and
Gwadar Port Projects, as being core projects of CPEC,
Pakistan and China have proved “All Weather Strategic
Friendship. China’s “One Belt, One Road” is the master plan
behind CPEC. CPEC is expected to resolve the energy
problems of Pakistan on one hand and it will provide a shorter
route to China to approach Persian Gulf on the other. The
GDP growth rate of Pakistan is expected to be 6% for FY
2016-2018. Short term projects of CPEC will be completed
by 2017, medium term projects by 2025 and the long term
projects by 2030. Besides CPEC’s proposed opportunities of
economic progress, there are some political and security
threats in Pakistan. This is what Pakistan will have to be
careful about. This paper intends to explain different projects
of China Pakistan Economic Corridor (CPEC) and presents a
holistic view of existing literature on the proposed subject.
This paper also discusses review of opportunities and
significance arising out of CPEC, for both countries i.e.
China and Pakistan. Hence, this paper is not following any
specific methodology and data analysis techniques as
existing available literature is used as a mean to present a
review of opportunities and significance.
Prof. Dr. Hafiz Zafar Ahmad, Samar Fatima, Prof. Dr. Zulfiqar Ahmad Bowra. (2017) Cpec 2015: A Review of Proposed Opportunities and Significance, Paradigms , Vol 11, Issue 2 .
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