South Asian Studies, Vol 34, No 2 (2019)

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China-Pakistan Economic Corridor (CPEC): A MultiDimensional Plan 2017-2030 and Its Characteristics

A. Z. Hilali

Abstract


China-Pakistan Economic Corridor (CPEC) is a grand economic programme of regional connectivity. The plan will advantage to China-Pakistan and have great benefits to regional countries including Afghanistan, Central Asian Republics, Iran, India, and many other countries of the world. The basic purpose of plan is to promote geographical connections with the gains of communication development of 3,000-kilometer network of road, railways and air transport system and consistent connections of economic progress and people to people contact (Dawn, 2019). The mega plan will also enhance cooperation and understanding with relation to academic, socio-cultural activities and regional knowledge which will enhance flow of trade and commerce and energy development. It is for the development of collaboration by win-win model and to integrate regions with common purpose, peace and development. Moreover, it is long-term plan (2017- 2030) of economic regionalization and globalization with the instrument of peace and economic development. Thus, CPEC project will base on unison and collaboratively efforts of federal, provincial, local governments and share-holders including private sector

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