2. Introduction
• China Pakistan Economic Corridor
• راہداری اقتصادی چین پاكستان
• 2,442 km (1,517 mi)
• 22 May 2013 in Islamabad
• $ 46 billion ($38 in energy sectors)
• Overseen by Federal Ministry of Planning,
Development & Reform (Ahsan Iqbal)
• Access to Pak's deep water ports in Arabian sea
• Benefits 3 billion people of region
4. Provinces Disharmony
• Ahsan Iqbal said in 5th JCC meeting:
CPEC is a National Project
• Criticism
• Baluchistan will get 1.21 Billion $
• KPK will get 2.72 Billion $
5. Importance for Pakistan
• Strategic and economic
• Trade route
• Development of infrastructure
• Connectivity of all the provinces
• Development of FATA, KPK and Baluchistan
• Employment
• Equality among provinces
6. Importance for China
• Easy Accessibility
• Middle East
• Afghanistan
• Export Goods
• Defense
• Trade
• Middle East
• Afghanistan
• Central Asia
7. Effects (Positive)
• Pakistan, China, Afghanistan, Central Asian
Countries when developing Gawadar.
• This corridor will provide new ports which will
beat;
• Indian port Mumbai
• Iran’s port Abbas
• Oman’s new port (under construction)
• Position of UAE ports will be decreased
8. Phases
• Three phases of this project are going to be
completed;
• 1st Phase
2017-18
• 2nd Phase
2020
• 3rd Phase
2030