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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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