Chinese president Xi Jinping with Pakistani prime minister Nawaz Sharif on April 20, 2015 in Islamabad, Pakistan for inauguration of CPEC project.
China Pakistan Economic Corridor (CPEC) is a series of under construction projects of worth more than $56 billion across Pakistan. It is an extensive network of roads, railways, pipelines, special economic zones, dry ports, optical fiber cable network, and other energy and infrastructure development projects across Pakistan.
The inauguration ceremony of CPEC related projects on April 21, 2015 in Islamabad, Pakistan.
The CPEC will link Kashgar in northwest China’s Xinjiang Uygur Autonomous Region and southwest Pakistan’s Gwadar Port in its Baluchistan Province. China imports 60% of oil from Persian Gulf. With the completion of CPEC, the distance for this import will reduce from 16,000 km to a mere 5,000 km. And, it would take only 10 days instead of the current 45 days.
NOTE: This is not the actual map of CPEC route. The purpose of this map is to give an overview and logic behind the CPEC.
CPEC is considered as a golden opportunity for Pakistan to develop its infrastructure, overcome power shortage on a fast-track, and take full advantage of its geographical location. Through CPEC, Pakistan is harnessing its geo-strategic location into a geo-economic advantage. However, CPEC related development projects resulted in war of credited between civil and military establishment.. Read More