1. To Analyze the Role of CPEC in Fostering Economic Growth in Pakistan: Case Study of Pakistan.
- Author
-
Ahmad, Imtiaz, Ul Husnain, Syed Saqib, Farooq, Asim, and Khattak, Muhammad Ishfaq
- Subjects
SILK Road ,ECONOMIC expansion ,INFRASTRUCTURE (Economics) ,CHINESE language ,ENERGY industries - Abstract
The China-Pakistan Economic Corridor (CPEC) has emerged as a linchpin (Chinese Word for Fundamental), in the global landscape, symbolizing a transformative approach to international collaboration through comprehensive infrastructural development. This research delves into the multifaceted dimensions of the CPEC construction, unravelling its profound impact on regional dynamics and its pivotal role in nurturing economic growth for both China and Pakistan. In the wake of evolving Sino-Pak relations, the genesis of CPEC can be traced back to a shared vision of economic prosperity. This paper unfolds against the backdrop of historical context, exploring the imperative need for economic cooperation that spurred the initiation of discussions leading to the ambitious corridor. The construction phase of CPEC, outlined in this research, stands as a testament to the strategic foresight that envisions a modern Silk Road, intertwining the destinies of nations through an intricate network of roads, railways, and energy projects. At the heart of the study lies a detailed examination of the objectives and scope of CPEC construction. The goals and aims of this colossal initiative are dissected, with a specific focus on key sectors such as transportation and energy. By scrutinizing major infrastructure projects, including the Gwadar Port and various transportation networks, the research aims to illuminate the technological advancements and innovations that have propelled the construction phase forward. Simultaneously, challenges encountered during this complex process are identified, providing a nuanced understanding of the hurdles faced in reshaping the regional landscape. [ABSTRACT FROM AUTHOR]
- Published
- 2024