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The document outlines the Long Term Plan for the China-Pakistan Economic Corridor (CPEC) from 2017 to 2030, detailing the strategic cooperation between China and Pakistan aimed at enhancing economic development through infrastructure, energy, trade, and social initiatives. It emphasizes the importance of connectivity, investment mechanisms, and mutual benefits while addressing potential challenges and opportunities for both nations. The plan serves as a framework for collaborative projects that will foster regional prosperity and strengthen bilateral ties.

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What is the main purpose of CPEC?

To improve the lives of people of Pakistan and China by building an economic corridor promoting bilateral connectivity, construction, explore potential bilateral investment, economic and trade, logistics and people to people contact for regional connectivity.

What is CPEC service?

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, Central Asian Read More.

Which country will be a strategic partner of CPEC?

Chinas economic and Pakistans eroding autonomy While CPEC has solidified Pakistans position as a key strategic partner for China, it has come at the cost of the formers strategic autonomy, placing it in a more dependent role.

How much does CPEC cost?

Originally valued at $46 billion, the value of CPEC projects was $62 billion as of 2020. By 2022, Chinese investment in Pakistan had risen to $65 billion. China refers to this project as the revival of the Silk Road.

What are the 5 new corridors in upgraded CPEC version?

He Lifeng announced five new thematic corridors proposed by President Xi Jinping: Growth Corridor, Livelihood-Enhancing Corridor, Innovation Corridor, Green Corridor, and Opening-Up/Regional Connectivity Corridor.

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CPEC route When CPEC will be completed What is CPEC CPEC project Plan cpec pdf CPEC route Map Plan cpec map CPEC current status

Is CPEC a threat or opportunity?

CPEC is expected to boost economic growth by creating new trade routes, facilitating the movement of goods, and attracting foreign investment. In this context, Khadim et al. (2021) confirmed that CPEC infrastructure-related developments contribute positively to the countrys economic growth.

What is CPEC Phase 2?

CPEC Phase 2.0: Strengthening Pakistan-China Ties Far from being sidelined, CPEC is evolving into a multi-dimensional framework with five key thematic corridorsGrowth Corridor, Livelihood-Enhancing Corridor, Innovation Corridor, Green Corridor, and Opening-Up/Regional Connectivity Corridor.

What is the route of the CPEC project?

The Eastern Route of CPEC has a total distance of 2686 km, starts from Khunjerab and passes through Burhan, Faisalabad, Multan, Khuzdar, Basima and ends at Gwadar again. About a 793 km section of the Eastern route (from Khunjerab to Burhan) is the same as parts of the Western and Central routes.