CPEC | China-Pakistan Economic Corridor
(Chinese: 中国-巴基斯坦经济走廊; Urdu: پاكستان-چین اقتصادی راہداری; also known by the acronym CPEC)
CPEC is a collection of infrastructure projects that are currently under construction throughout Pakistan. Originally valued at $46 billion, the value of CPEC projects is now worth $ 62 billion. CPEC is intended to rapidly modernize Pakistani infrastructure and strengthen its economy by the construction of modern transportation networks, numerous energy projects, and special economic zones. On 13 November 2016, CPEC became partly operational when Chinese cargo was transported overland to Gwadar Port for onward maritime shipment to Africa and West Asia.
CPEC Highway Network
China-Pakistan Economic Corridor is a framework of regional connectivity. CPEC will not only benefit China and Pakistan but will have a positive impact on Iran, Afghanistan, India, Central Asian Republic, and the region. The enhancement of geographical linkages having improved road, rail and air transportation system with frequent and free exchanges of growth and people to people contact, enhancing understanding through academic, cultural and regional knowledge and culture, an activity of higher volume of flow of trade and businesses, producing and moving energy to have more optimal businesses and enhancement of cooperation by the win-win model will result in well connected, an integrated region of shared destiny, harmony and development.
China Pakistan Economic Corridor is a journey towards economic regionalization in the globalized world. It founded peace, development, and win-win model for all of them.
China Pakistan Economic Corridor is hope of better region of the future with peace, development and growth of the economy.
