China-Pakistan Economic Corridor is a framework of regional connectivity. CPEC will not only benefit China and Pakistan but will have positive impact on Iran, Afghanistan, India, Central Asian Republic, and the region in general. Under CPEC, Pak and China have initiated projects of 17,045 MW of electricity, national level modernization of roads and rail infrastructure, new optical fiber connect with China, development and commercialization of Gwadar port and smart port city, 4 urban mass transit projects in major cities and 9 SEZs. The impact on GDP growth rate is expected to rise to 7% by 2020 from 5.2% in 2017.
China-Pakistan Economic Corridor has Significance for the development of the region including:
- Integrated Transport & IT systems including Road, Rail, Port, Air and Data Communication Channels
- Energy Cooperatio
- Spatial Layout, Functional Zones, Industries and Industrial Parks
- Agricultural Development
- Socio-Economic Development (Poverty Alleviation, Medical Treatment, Education, Water Supply, Vocational Training)
- Tourism Cooperation & People to People Communication
- Cooperation in Livelihood Areas
- Financial Cooperation
- Human Resource Development
- Enhance Security and stability of the region
CPEC Projects
Energy
Infrastructure
Gwader Port Area
Other Projects
Mass Transit Projects
Provincial Projects
Proposed Special Economic Zones