impact of cpec on Pakistan economy essay
CPEC is the name of a big project. CPEC stands for China-Pakistan
Economic Corridor. CPEC is working on 7 projects. Some projects have been
completed. Some halfway. Apart from motorways in Pakistan. Other projects
under CPEC are described one by one.
Railway line projects.
Ports projects.
Energy sector projects.
Optical fiber line projects
Coal projects.
Science and technology projects.
Agricultural projects
Understand the importance of CPEC internationally.
The plan is not worth 57
billion. The project is under CPEC 3000 km long road route. Kashgar to Gwadar
route.
Gwadar is a God Gifted Beautiful Geography Land Area for Pakistan.
It is the deepest port in the world. There is a huge ship in the port that can
easily land. CPEC is not a game-changer, it is a field changer. This will bring
economic stability to the region. This will not only benefit regional traders
and investors. But it will benefit everyone in general and in particular.
Road networks are being laid in the country under CPEC
This will improve the country's communication system. Moreover,
CPEC will usher in a new chapter of employment and development in the country.
The China-Pakistan Economic Corridor is part of the Belt and Road initiative adopted by the Chinese government. The CPEC will include an extensive network of highways and railways to be built in Pakistan.
The idea of a corridor starting from the Chinese border in the
north, to Pakistan's deep river ports on the Arabian Sea, which began in 1950,
was influenced by the Karakoram Highway movement, which was completed in 1979.
Here is a map of the world. If China wants to export or import
something, it has to use these routes. These routes cover long distances around
the continent, therefore, cost China more time and resources. To address these
disadvantages, China introduced the Belt and Road Initiative, which connects
China with other countries through smaller routes. These routes include a CPEC,
which connects the Chinese city of Kashgar with the Pakistani port of Gwadar
and provides sea access to China.
The CPEC includes the reconstruction of the Karakoram Highway. The
Karakoram Highway will be an 887 km long highway connecting Burhan Shahar and
Hassan Abdal near the China-Pakistan border. SPEC's Eastern Line includes
roadway projects in the provinces of Sindh and Punjab. The motorway will
connect Pakistan's two largest cities, Karachi and Lahore.
York to Zhob, Zhob to Quetta, Quetta to Sorab, Hoshab, Turbat, and
Gwadar. The main line will connect Basma, Khuzdar, Sukkur, Rajanpur, Layyah,
Muzaffargarh and end at Dera Ismail Khan. Railway projects will include a
complete overview of the Main Line 1 Railway between Karachi and Peshawar, and
an upgrade of the Main Line 2 Railway between Kotri and Attock in Sindh. Main
Line 3 will connect Boston Railway near Quetta, Kotla Jam, near Dera Ismail
Khan, which will provide access to southern Afghanistan.
The construction of the Khanjarab railway line also includes a
railway line, including a railway line from Havelian to Khanjarab Pass on the
Chinese border. Large ships will be accommodated by expanding and upgrading the
port of Gwadar. It will also include a breakwater around the port, a floating
natural gas facility that will be connected to the Iran-Pakistan gas pipeline.
A new international airport will be built in Gwadar. Other projects
include a 300-megawatt coal-fired power plant, a desalination plant, and a 300-bed
hospital. Energy production will be a major focus of CPEC.
Diamer Bhasha Dam in Gilgit, Soki Kanari Hydroelectric Power
Station in Kagan Valley, Neelum Jhelum Hydropower Project Tarbela IV Extension
Project Krut Dam, Pakistan China Fiber Optic Project Coal Mining on Jhelum
River and Power Project on Pind Dadan Khan, Near Sheikhupura Bhako Power Plant
, Block Power Plant Near Kasur, Sahiwal Coal Power Project,
China-Pakistan Joint Cotton Biotech Laboratory, Quaid-e-Azam Solar
Park near Bahawalpur City, Thar I and Thar II at Thar Coal Field, Jhampir Wind
Power Plant, Near Thatta, Dawood Wind Power Project near Banbhor,
Pakistan Port Qasim Power Project will lay an LNG pipeline between
Gwadar and Nawabshah, a coal-fired power plant at the China-Pakistan Joint
Marine Research Center Hub. The pipeline is designed to be part of the
Iran-Pakistan gas pipeline.
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