importance of cpec for pakistan

IMPORTANCE OF CPEC FOR PAKISTAN

After the completion of China-Pakistan Economic Corridor (CPEC),

Pakistan will become a regional economic hub in the region.

Geo-political importance of Pakistan will increase. There will be

Highways, Motorways and link roads throughout the country. Fast and

modern rail network, oil and gas pipe lines, fast and modern

telecommunication network, energy infrastructure, and intelligence

sharing with China will be possible. There would be fast and growing

economic and cultural ties with the countries of the region especially

with China. China-Pakistan Economic Corridor (CPEC) will be connected at

Zero point Khokra Par and Wagha border with India at eastern

China-Pakistan Economic Corridor (CPEC) which will result economic and

cultural ties with India.

On the western route China-Pak Economic Corridor (CPEC) will be

connected with Chaman border with Afghanistan and with Iran at Tuftan

border to enhance social, economic cultural relation with two brother

countries.

A lot of jobs and employment opportunities will arise with the

construction of China-Pak Economic Corridor (CPEC) for Pakistan. When

all the energy projects of China-Pak Economic Corridor (CPEC) will be

completed, the pace of economic growth in Pakistan will increase. A 2%

annually increase in GDP of Pakistan is expected. Some important gains

for Pakistan are:

(a)          CPEC will provide opportunities in overcoming poverty,

unemployment and inequalities among smaller and larger provinces of

Pakistan.

(b)          By completion of energy projects, Pakistan will get rid of

its energy crises.

(c)           On either side of CPEC, construction of hotels, workshop

and petroleum will provide a job to a lot of people which help Pakistan

to overcome employment issue in the country.

(d)          It is expected that GDP of Pakistan will be increased by

15% by Chinese investment.

(e)          CPEC will bring prosperity and progress in Pakistan and it

will help Pakistan to get rid of the decade’s label of terrorist state,

dangerous country and a falling state.

(f)           Once Pak – China connectivity through CPEC starts,

Pakistan’s geo-strategic interest will be guarded by China, whenever

threatened.

(g)          USA has always betrayed Pakistan and is widely disliked by

the people of Pakistan, will have to negotiate with Pakistan in spite

threaten.

(h)          Toll plaza fee

(i)            CPEC will reduce regional economic difference between

provinces, as CPEC route passes all the deprived and backward villages

and cities.

(j)           Through CPEC not only the transportation of people and

passengers will become cheap and ease but also the deployment of forces

will also become fast and ease in any time of risk situation in country.

(k)          CPEC will be the symbol of unity and national integrity in

the country.

 

Revival of Pakistan economy through CPEC will build the confidence of

foreign investors to invest in Pakistan.