INTRODUCTION

The China-Pakistan Economic Corridor (CPEC) is a development mega project that aims to connect Gwadar Port South-Western Pakistan to China’s North-Western Region of Xinjiang through a network of highways, railways and pipelines to transport oil, gas and develop electricity

History of Pak-China Relations

Pakistan–China relations began in 1950 , it is one of the strongest ally of Pakistan

Strategic alliance was formed in 1972 and economic co-operation began in 1979

China has invested $20 billion in various projects

Mega infrastructural projects in Pakistan Gwadar Port, the Coastal-Highway linking Karachi with Gwadar, Karakoram

Highway, the Chashma nuclear power plants, and a number of hydro-power projects.

Historical Background of CPEC

The project was proposed by Chinese Premier Li Keqiang during his visit to Pakistan in May 2013.

The Pak-China Economic Corridor Secretariat was inaugurated in Islamabad on 27 August 2013. In February 2014.

The vision for an economic route stretches as far back as the Musharraf era

Project DetailsGwadar Port Completed, handed over to China

for 40 years starting 2015.Karachi - Lahore Motorway (KLM) Approved, Construction to begin

2015Havelian to Khunjrab Rail track Approved

Hazara Motorway Under constructionEconomic Corridor Support Force Completed, armed division of the

army for security of workforce, cost $250 million

720MW Karot Hydropower Project ApprovedDevelopment of Private Hydro Power Projects Approved

Dawood Wind Power project ApprovedCross-border fiber optic data communication system

project, a digital terrestrial multimedia broadcast pilot project at Murree

Approved

Gwadar Sea Port

Gwadar is strategically located on the western end of Baluchistan.

Pakistan could earn millions of dollars a year in terms of port and cargo handling charges and also as freight charges for import cargoes and export goods.

When the corridor is constructed, it will expand the number of trade routes between China, the Middle East and Africa.

Pakistan & China Sign Agreement for Gwadar Kashghar Link

Objectives of CPEC

Regional peace, prosperity and elevate the life of poor people of south Asia

Enhance trade among Pakistan, China, Gulf States, Central Asia and Africa

China is interested to extend the Iran-Pakistan pipeline to its western territory

Development of infrastructure along Pakistan Job opportunities and economic development in Baluchistan

The Route Overview

Major Cities in CPEC

CPEC Connecting to the whole Globe

Benefits of CPEC The relationship between China and Pakistan will be

more strong. It will help to stable the economy of Pakistan. The Import and export of Pakistan will increase. The Power capacity will be increase. Direct Investment will come in Pakistan.

Benefits of CPEC New business and industry come in

Pakistan. The rate of unemployment will be

decrease. The Gwadar port will be upgraded. Roads, Railway, Aviation and Data

Transfer will be upgraded.

Meeting in China

Security Plan of CPEC 4 tier Security Plan for CPEC An estimated 32,000 security personnel will guard over 14,321 Chinese

workers engaged in some 210 small and mega projects in Pakistan Providing security to Chinese nationals includes over 500 Chinese

security personnel for capacity-building of the newly-raised special force as well as local police to better guard the sensitive routes surrounding the port

Balochistan would get more security, as six wings (5,700 personnel) of the Frontier Corps, 3,000 police constables and 1,000 Levies personnel would guard all the routes

Pakistan marines and the border security forces would also guard the port and its adjacent routes

How CPEC will be executed?

Joint Group of Pakistan and China will be made. From Pakistan Minister of Planning, and Development Reforms. From China National Development Reforms. Working Group will be formed. These working group physically check the project feasibility. All provinces will present their projects to working group. Reports to be Presented monthly to Prime Ministers of countries CPEC to be fully completed by 2018

According to business analyst The move represents a shift toward greater economic

cooperation between Pakistan and China, which have long had close security ties amid common disputes with neighboring India. The corridor would give China access to the Indian Ocean and lead to investments that would help ease power shortages that are hindering economic growth in Pakistan -Bloomberg Business on April 1, 2015

http://www.bloomberg.com/news/articles/2015-06-30/in-best-hidden-frontier-market-boom-signals-pakistan-revival

What the Top Leadership Says

“The China-Pakistan Economic Corridor (CPEC) is not a solitary road; it is a vast network. It will spur the growth of industrial zones supported by energy plants, linking Kashgar in China to Gwadar.  All provincial capitals would serve as fundamental nodes for the CPEC, upon which the corridor would be constructed.”

– Mr. Nawaz Sharif (Prime Minister) “CPEC will be a GAME CHANGER for Pakistan & China” -General Raheel Sharif (COAS)

Thank You Presented By: Syed Asad Rahim Khubaib Ghadai Talal Iqbal Khan Muhammad Azher Khan