SlideShare a Scribd company logo
1 of 32
China Pakistan Economic Corridor (CPEC)
Introduction and history
01
Mega Projects
02
CPEC benefits for Gilgit Baltistan
03
Conclusion
04
Table of Content
China Pakistan Economic Corridor (CPEC)
What is CPEC?
CPEC is the abbreviation of China Pakistan economic
corridor.
CPEC is an ongoing development mega projects whose
aim is to connect the Gwadar port of Pakistan to China's
northwestern region of Xinjiang, via a network of
highways. railways and pipelines.
CPEC is a collection of infrastructure projects currently
under construction throughout Pakistan.
(Continue..)
The economic corridor is considered central to China—
Pakistan relations and will run about 2700 km from
Gwadar to Kashghar.
China-Pakistan Economic Corridor and its
connectivity with Central Asia, Middle East and
Africa will help to shape entire region.
Overall construction cost costs are estimated around
$46 billion.
China-Pakistan: A journey of friendship (1950-2020)
 1950 - Pakistan becomes the third non-communist country, and
the first Muslim one, to recognize the People's Republic of
China and dispatched a high level delegation to China
on January 4, 1950.
 1963- Historic Visit of Foreign Minister Zulfiqar Ali Bhutto to
China.
 1978 The Karakoram Highway, a construction miracle, linking
mountainous Northern Pakistan with Western China officially
opened, linking China to the Arabian Ocean.
 April 20, 2015 CPEC was launched on April 20, 2015 when
Chinese President Xi Jinping and Pakistani Prime Minister
Nawaz Sharif signed 51 agreements and Memorandums of
Understanding valued at $46 billion.
CPEC Benefits For Pakistan: by ( Fatima Sadiq)
 CPEC will not only benefit China and Pakistan but will
have positive impact on Iran , Afghanistan, Central Asian
Republic, and the entire region.
 The project is estimated to directly create some
700,000 jobs up to 2030, and speed up GDP growth
significantly.
 The CPEC deal also includes $ 5.9 billion for road projects
and $ 3.7 billion for railway.
Top Mega Projects In Pakistan
Roads
Railways
Special Economic Zone
Smart Cities Urban Forest
Projects
Mass Transit
“China Pakistan economic corridor is a type of economic projects whose products are as”
Energy Production
1. URBAN FOREST PROJECT
2. SMART CITY PROJECT
 Special economic zone (SEZ) is an area in which business and
trade laws are different from rest of the country.
 SEZs are located within a country's national borders, and their
aims include: increased trade, increased investment,
job creation and effective administrations.
3. Special Economic zone
 Public transport (also known
as public transportation, public
transit, or mass transit) is a shared
passenger-transport service which
is available for use by the general
public.
4. Mass transit projects
The following are the main mass transit projects
Karachi Circular Railway.
Orange Line- Lahore
Quetta Mass Transit
MAIN LINE (ML) 1 PROJECT
Importance of Gilgit Baltistan in CPEC ( by Aqeela and Rozeena)
Importance of Gilgit Baltistan in CPEC
 GB has great importance for CPEC. GB
is the gateway of CPEC and regional
connectivity between China and Pakistan.
 GB lies at a very important geostrategic
location, sharing borders with India,
Afghanistan, and China.
Following are the major CPEC projects in Gilgit Baltistan.
 Regional network for GB was being established.
 Hydel projects
 Khunjerab- Islamabad Fibre optic cable
 Initiative for mining of minerals
 Upgradation of KKH highway
CPEC Projects in Gilgit Baltistan
 The most important benefit of CPEC to GB is rise in international trade
supporting the local industries.
 This will contribute to an increase in trade of local products like minerals and
gems.
 According to the Asian Development Bank (ADB), GB produces over 100,000
metric tons of apricots, 4000 tons of cherries and 20,000 tons of apples, which
are completely organic with no pesticides used. Locals hope that they can double
their sales and profits by exporting these fruits to China.
1. Rise in international trade
 Another important contribution of CPEC for GB is the investment in road and
railway network that will connect the region with the rest of the country.
 Under CPEC, the Karakoram Highway will be improved and a few new roads
will be built. Construction of some new tunnels and bridges has already been
completed.
 A railway track is also expected to be constructed connecting the Kashgar city of
China to Havelian of Pakistan.
2. Road and Railway Network
 According to reports, a 100-megawatt hydropower project in Gilgit and another
80-megawatt project in Ghizer district have been listed under CPEC.
 Diamer-Bhasha dam and China-Pakistan Optical Fiber projects are also
underway.
 3G and 4G technology will be provided to the whole region at lower rates after
the completion of the optical fiber project.
3. Technological and Energy Infrastructure
 CPEC will also boost the tourism industry of GB due to the improved security
situation and better infrastructure.
 Tourism plays a vital part in the local economy, as a number of families are
dependent on tourism for meeting their financial needs.
 Increased tourism will promote the unique culture of GB including dances,
music, and handicrafts internationally.
4. Tourism industry
RECOMMENDATION:
Pakistan should implement
and handle policies up to
the mark
Utilization of raw material
and value added process
should be done in Pakistan
PAK CHINA ECONOMIC CORRIDOR
 Natural Gateway for China.
 Positive response by both countries through mutual cooperation
 Both countries are keen to enhance trade activities
Conclusion
 Infrastructural improvement and Development of Dams
 Stability of economy by investment in different sectors
 “our friendship is “higher than the mountains, deeper than
the oceans, stronger than steel, dearer than eyesight, sweeter
than honey”.
Conclusion
Thank you

More Related Content

What's hot

China pakistan economic corridor (CPEC)
China pakistan economic corridor (CPEC)China pakistan economic corridor (CPEC)
China pakistan economic corridor (CPEC)ShahzaibSohail8
 
Impact of cpec on pakistan’s gdp
Impact of cpec on pakistan’s gdpImpact of cpec on pakistan’s gdp
Impact of cpec on pakistan’s gdpKing Abidi
 
CHINA-PAKISTAN ECONOMIC CORRIDOR
CHINA-PAKISTAN ECONOMIC CORRIDORCHINA-PAKISTAN ECONOMIC CORRIDOR
CHINA-PAKISTAN ECONOMIC CORRIDORNIZAM UL HAK
 
China pakistan economic corridor
China pakistan economic corridorChina pakistan economic corridor
China pakistan economic corridorTouseef Ahmad
 
China Pakistan Economic Corridor
China Pakistan Economic CorridorChina Pakistan Economic Corridor
China Pakistan Economic CorridorMubshir Hussain
 
China pakistan economic corridor Project
China pakistan economic corridor ProjectChina pakistan economic corridor Project
China pakistan economic corridor Projectanwaar azad
 
The China-Pakistan Economic Corridor (CPEC) Opportunities and Challenges.
The China-Pakistan Economic Corridor (CPEC) Opportunities and Challenges.The China-Pakistan Economic Corridor (CPEC) Opportunities and Challenges.
The China-Pakistan Economic Corridor (CPEC) Opportunities and Challenges.MWaqasAkbar3
 
The impact of pak china ecconomic corridore cpec
The impact of pak china ecconomic corridore cpecThe impact of pak china ecconomic corridore cpec
The impact of pak china ecconomic corridore cpecMuhammad salman
 
CHINA PAKISTAN ECONOMIC CORRIDOR
CHINA PAKISTAN ECONOMIC CORRIDORCHINA PAKISTAN ECONOMIC CORRIDOR
CHINA PAKISTAN ECONOMIC CORRIDORAnnumchaudhary
 
Pakistan China Economic Corridor
Pakistan China Economic CorridorPakistan China Economic Corridor
Pakistan China Economic CorridorAtif Nauman
 
The significance, importance, challenges and opportunities of CPEC. (China-Pa...
The significance, importance, challenges and opportunities of CPEC. (China-Pa...The significance, importance, challenges and opportunities of CPEC. (China-Pa...
The significance, importance, challenges and opportunities of CPEC. (China-Pa...GulshanIdress
 
CPEC, A game changer
CPEC, A game changerCPEC, A game changer
CPEC, A game changerKinza Irshad
 
Pakistan China Economic Corridor
Pakistan China Economic Corridor Pakistan China Economic Corridor
Pakistan China Economic Corridor Salman Khan
 
Decade wise performance
Decade wise performanceDecade wise performance
Decade wise performancefatimazaheer12
 
Industries in pakistan
Industries in pakistanIndustries in pakistan
Industries in pakistanDeathKat
 
China pakistan Economic corrdor
China pakistan Economic corrdorChina pakistan Economic corrdor
China pakistan Economic corrdorFoziaBBA
 

What's hot (20)

China pakistan economic corridor (CPEC)
China pakistan economic corridor (CPEC)China pakistan economic corridor (CPEC)
China pakistan economic corridor (CPEC)
 
Impact of cpec on pakistan’s gdp
Impact of cpec on pakistan’s gdpImpact of cpec on pakistan’s gdp
Impact of cpec on pakistan’s gdp
 
Impact of CPEC on Pakistan
Impact of CPEC on PakistanImpact of CPEC on Pakistan
Impact of CPEC on Pakistan
 
CHINA-PAKISTAN ECONOMIC CORRIDOR
CHINA-PAKISTAN ECONOMIC CORRIDORCHINA-PAKISTAN ECONOMIC CORRIDOR
CHINA-PAKISTAN ECONOMIC CORRIDOR
 
China pakistan economic corridor
China pakistan economic corridorChina pakistan economic corridor
China pakistan economic corridor
 
China Pakistan Economic Corridor
China Pakistan Economic CorridorChina Pakistan Economic Corridor
China Pakistan Economic Corridor
 
China pakistan economic corridor Project
China pakistan economic corridor ProjectChina pakistan economic corridor Project
China pakistan economic corridor Project
 
The China-Pakistan Economic Corridor (CPEC) Opportunities and Challenges.
The China-Pakistan Economic Corridor (CPEC) Opportunities and Challenges.The China-Pakistan Economic Corridor (CPEC) Opportunities and Challenges.
The China-Pakistan Economic Corridor (CPEC) Opportunities and Challenges.
 
Foreign trade
Foreign tradeForeign trade
Foreign trade
 
The impact of pak china ecconomic corridore cpec
The impact of pak china ecconomic corridore cpecThe impact of pak china ecconomic corridore cpec
The impact of pak china ecconomic corridore cpec
 
CHINA PAKISTAN ECONOMIC CORRIDOR
CHINA PAKISTAN ECONOMIC CORRIDORCHINA PAKISTAN ECONOMIC CORRIDOR
CHINA PAKISTAN ECONOMIC CORRIDOR
 
Pakistan China Economic Corridor
Pakistan China Economic CorridorPakistan China Economic Corridor
Pakistan China Economic Corridor
 
The significance, importance, challenges and opportunities of CPEC. (China-Pa...
The significance, importance, challenges and opportunities of CPEC. (China-Pa...The significance, importance, challenges and opportunities of CPEC. (China-Pa...
The significance, importance, challenges and opportunities of CPEC. (China-Pa...
 
CPEC, A game changer
CPEC, A game changerCPEC, A game changer
CPEC, A game changer
 
Pakistan China Economic Corridor
Pakistan China Economic Corridor Pakistan China Economic Corridor
Pakistan China Economic Corridor
 
Gwadar port (CEPEC)
Gwadar port (CEPEC)Gwadar port (CEPEC)
Gwadar port (CEPEC)
 
Next wave of China Pakistan Cooperation
Next wave of China Pakistan CooperationNext wave of China Pakistan Cooperation
Next wave of China Pakistan Cooperation
 
Decade wise performance
Decade wise performanceDecade wise performance
Decade wise performance
 
Industries in pakistan
Industries in pakistanIndustries in pakistan
Industries in pakistan
 
China pakistan Economic corrdor
China pakistan Economic corrdorChina pakistan Economic corrdor
China pakistan Economic corrdor
 

Similar to Introduction to China Pakistan Economic Corridor(CPEC) and prospects of CPEC for Gilgit Baltistan

China Pakistan Economic Corridor(CPEC).pptx
China Pakistan Economic Corridor(CPEC).pptxChina Pakistan Economic Corridor(CPEC).pptx
China Pakistan Economic Corridor(CPEC).pptxHssainhmed
 
Cpec impects of cpec for gilgit baltistan and balochistan by sahil saddar udd...
Cpec impects of cpec for gilgit baltistan and balochistan by sahil saddar udd...Cpec impects of cpec for gilgit baltistan and balochistan by sahil saddar udd...
Cpec impects of cpec for gilgit baltistan and balochistan by sahil saddar udd...Saddar Uddin
 
Economic outcomes through cpec
Economic outcomes through cpecEconomic outcomes through cpec
Economic outcomes through cpecIqbal Naqvi
 
Cpec prestation by happy kumar
Cpec prestation by happy kumarCpec prestation by happy kumar
Cpec prestation by happy kumarHappy Ladher
 
Pak china economic corridor
Pak china economic corridorPak china economic corridor
Pak china economic corridorshamroz kakar
 
d5ITQK7pdR0U2eQK279 (1).pptx
d5ITQK7pdR0U2eQK279 (1).pptxd5ITQK7pdR0U2eQK279 (1).pptx
d5ITQK7pdR0U2eQK279 (1).pptxsalalsalem
 
CPEC deloitte overview
CPEC   deloitte overviewCPEC   deloitte overview
CPEC deloitte overviewFarhan Munir
 
Jobs Opportunities in Gwadar and CPEC, Importance of CPEC
Jobs Opportunities in Gwadar and CPEC, Importance of CPECJobs Opportunities in Gwadar and CPEC, Importance of CPEC
Jobs Opportunities in Gwadar and CPEC, Importance of CPECThe Social Circles
 
cpec expository essay
 cpec expository essay cpec expository essay
cpec expository essayzain ul hassan
 
Presentation on China Pakistan Economic Corridor Project
Presentation on China Pakistan Economic Corridor ProjectPresentation on China Pakistan Economic Corridor Project
Presentation on China Pakistan Economic Corridor ProjectAamir Gill
 
Pak china economic corridor
Pak china economic corridorPak china economic corridor
Pak china economic corridorzahoor malik
 
CPEC - The Game Changer
CPEC - The Game ChangerCPEC - The Game Changer
CPEC - The Game ChangerAamer Mumtaz
 
CHINA PAKISTAN ECONOMIC CORRIDOR
CHINA PAKISTAN ECONOMIC CORRIDORCHINA PAKISTAN ECONOMIC CORRIDOR
CHINA PAKISTAN ECONOMIC CORRIDORSKY HAWKS' ACADEMY
 
China Pakistan Economic corridor (CPEC)
China Pakistan Economic corridor (CPEC)China Pakistan Economic corridor (CPEC)
China Pakistan Economic corridor (CPEC)DostanShah
 

Similar to Introduction to China Pakistan Economic Corridor(CPEC) and prospects of CPEC for Gilgit Baltistan (20)

cpec
cpeccpec
cpec
 
China Pakistan Economic Corridor(CPEC).pptx
China Pakistan Economic Corridor(CPEC).pptxChina Pakistan Economic Corridor(CPEC).pptx
China Pakistan Economic Corridor(CPEC).pptx
 
Cpec impects of cpec for gilgit baltistan and balochistan by sahil saddar udd...
Cpec impects of cpec for gilgit baltistan and balochistan by sahil saddar udd...Cpec impects of cpec for gilgit baltistan and balochistan by sahil saddar udd...
Cpec impects of cpec for gilgit baltistan and balochistan by sahil saddar udd...
 
Economic outcomes through cpec
Economic outcomes through cpecEconomic outcomes through cpec
Economic outcomes through cpec
 
Cpec prestation by happy kumar
Cpec prestation by happy kumarCpec prestation by happy kumar
Cpec prestation by happy kumar
 
Pak china economic corridor
Pak china economic corridorPak china economic corridor
Pak china economic corridor
 
d5ITQK7pdR0U2eQK279 (1).pptx
d5ITQK7pdR0U2eQK279 (1).pptxd5ITQK7pdR0U2eQK279 (1).pptx
d5ITQK7pdR0U2eQK279 (1).pptx
 
CPEC deloitte overview
CPEC   deloitte overviewCPEC   deloitte overview
CPEC deloitte overview
 
Jobs Opportunities in Gwadar and CPEC, Importance of CPEC
Jobs Opportunities in Gwadar and CPEC, Importance of CPECJobs Opportunities in Gwadar and CPEC, Importance of CPEC
Jobs Opportunities in Gwadar and CPEC, Importance of CPEC
 
cpec expository essay
 cpec expository essay cpec expository essay
cpec expository essay
 
Presentation on China Pakistan Economic Corridor Project
Presentation on China Pakistan Economic Corridor ProjectPresentation on China Pakistan Economic Corridor Project
Presentation on China Pakistan Economic Corridor Project
 
Pak china economic corridor
Pak china economic corridorPak china economic corridor
Pak china economic corridor
 
C pack gwadar port
C pack gwadar portC pack gwadar port
C pack gwadar port
 
C pack gwadar port
C pack gwadar portC pack gwadar port
C pack gwadar port
 
Cpec
CpecCpec
Cpec
 
CPEC - The Game Changer
CPEC - The Game ChangerCPEC - The Game Changer
CPEC - The Game Changer
 
CPEC OverView
CPEC OverViewCPEC OverView
CPEC OverView
 
Cpec
CpecCpec
Cpec
 
CHINA PAKISTAN ECONOMIC CORRIDOR
CHINA PAKISTAN ECONOMIC CORRIDORCHINA PAKISTAN ECONOMIC CORRIDOR
CHINA PAKISTAN ECONOMIC CORRIDOR
 
China Pakistan Economic corridor (CPEC)
China Pakistan Economic corridor (CPEC)China Pakistan Economic corridor (CPEC)
China Pakistan Economic corridor (CPEC)
 

Recently uploaded

AP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep Victory
AP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep VictoryAP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep Victory
AP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep Victoryanjanibaddipudi1
 
57 Bidens Annihilation Nation Policy.pdf
57 Bidens Annihilation Nation Policy.pdf57 Bidens Annihilation Nation Policy.pdf
57 Bidens Annihilation Nation Policy.pdfGerald Furnkranz
 
Brief biography of Julius Robert Oppenheimer
Brief biography of Julius Robert OppenheimerBrief biography of Julius Robert Oppenheimer
Brief biography of Julius Robert OppenheimerOmarCabrera39
 
Manipur-Book-Final-2-compressed.pdfsal'rpk
Manipur-Book-Final-2-compressed.pdfsal'rpkManipur-Book-Final-2-compressed.pdfsal'rpk
Manipur-Book-Final-2-compressed.pdfsal'rpkbhavenpr
 
HARNESSING AI FOR ENHANCED MEDIA ANALYSIS A CASE STUDY ON CHATGPT AT DRONE EM...
HARNESSING AI FOR ENHANCED MEDIA ANALYSIS A CASE STUDY ON CHATGPT AT DRONE EM...HARNESSING AI FOR ENHANCED MEDIA ANALYSIS A CASE STUDY ON CHATGPT AT DRONE EM...
HARNESSING AI FOR ENHANCED MEDIA ANALYSIS A CASE STUDY ON CHATGPT AT DRONE EM...Ismail Fahmi
 
Different Frontiers of Social Media War in Indonesia Elections 2024
Different Frontiers of Social Media War in Indonesia Elections 2024Different Frontiers of Social Media War in Indonesia Elections 2024
Different Frontiers of Social Media War in Indonesia Elections 2024Ismail Fahmi
 
Quiz for Heritage Indian including all the rounds
Quiz for Heritage Indian including all the roundsQuiz for Heritage Indian including all the rounds
Quiz for Heritage Indian including all the roundsnaxymaxyy
 
VIP Girls Available Call or WhatsApp 9711199012
VIP Girls Available Call or WhatsApp 9711199012VIP Girls Available Call or WhatsApp 9711199012
VIP Girls Available Call or WhatsApp 9711199012ankitnayak356677
 
Global Terrorism and its types and prevention ppt.
Global Terrorism and its types and prevention ppt.Global Terrorism and its types and prevention ppt.
Global Terrorism and its types and prevention ppt.NaveedKhaskheli1
 
Referendum Party 2024 Election Manifesto
Referendum Party 2024 Election ManifestoReferendum Party 2024 Election Manifesto
Referendum Party 2024 Election ManifestoSABC News
 
N Chandrababu Naidu Launches 'Praja Galam' As Part of TDP’s Election Campaign
N Chandrababu Naidu Launches 'Praja Galam' As Part of TDP’s Election CampaignN Chandrababu Naidu Launches 'Praja Galam' As Part of TDP’s Election Campaign
N Chandrababu Naidu Launches 'Praja Galam' As Part of TDP’s Election Campaignanjanibaddipudi1
 
Dynamics of Destructive Polarisation in Mainstream and Social Media: The Case...
Dynamics of Destructive Polarisation in Mainstream and Social Media: The Case...Dynamics of Destructive Polarisation in Mainstream and Social Media: The Case...
Dynamics of Destructive Polarisation in Mainstream and Social Media: The Case...Axel Bruns
 
complaint-ECI-PM-media-1-Chandru.pdfra;;prfk
complaint-ECI-PM-media-1-Chandru.pdfra;;prfkcomplaint-ECI-PM-media-1-Chandru.pdfra;;prfk
complaint-ECI-PM-media-1-Chandru.pdfra;;prfkbhavenpr
 
Top 10 Wealthiest People In The World.pdf
Top 10 Wealthiest People In The World.pdfTop 10 Wealthiest People In The World.pdf
Top 10 Wealthiest People In The World.pdfauroraaudrey4826
 
Chandrayaan 3 Successful Moon Landing Mission.pdf
Chandrayaan 3 Successful Moon Landing Mission.pdfChandrayaan 3 Successful Moon Landing Mission.pdf
Chandrayaan 3 Successful Moon Landing Mission.pdfauroraaudrey4826
 
Opportunities, challenges, and power of media and information
Opportunities, challenges, and power of media and informationOpportunities, challenges, and power of media and information
Opportunities, challenges, and power of media and informationReyMonsales
 

Recently uploaded (16)

AP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep Victory
AP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep VictoryAP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep Victory
AP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep Victory
 
57 Bidens Annihilation Nation Policy.pdf
57 Bidens Annihilation Nation Policy.pdf57 Bidens Annihilation Nation Policy.pdf
57 Bidens Annihilation Nation Policy.pdf
 
Brief biography of Julius Robert Oppenheimer
Brief biography of Julius Robert OppenheimerBrief biography of Julius Robert Oppenheimer
Brief biography of Julius Robert Oppenheimer
 
Manipur-Book-Final-2-compressed.pdfsal'rpk
Manipur-Book-Final-2-compressed.pdfsal'rpkManipur-Book-Final-2-compressed.pdfsal'rpk
Manipur-Book-Final-2-compressed.pdfsal'rpk
 
HARNESSING AI FOR ENHANCED MEDIA ANALYSIS A CASE STUDY ON CHATGPT AT DRONE EM...
HARNESSING AI FOR ENHANCED MEDIA ANALYSIS A CASE STUDY ON CHATGPT AT DRONE EM...HARNESSING AI FOR ENHANCED MEDIA ANALYSIS A CASE STUDY ON CHATGPT AT DRONE EM...
HARNESSING AI FOR ENHANCED MEDIA ANALYSIS A CASE STUDY ON CHATGPT AT DRONE EM...
 
Different Frontiers of Social Media War in Indonesia Elections 2024
Different Frontiers of Social Media War in Indonesia Elections 2024Different Frontiers of Social Media War in Indonesia Elections 2024
Different Frontiers of Social Media War in Indonesia Elections 2024
 
Quiz for Heritage Indian including all the rounds
Quiz for Heritage Indian including all the roundsQuiz for Heritage Indian including all the rounds
Quiz for Heritage Indian including all the rounds
 
VIP Girls Available Call or WhatsApp 9711199012
VIP Girls Available Call or WhatsApp 9711199012VIP Girls Available Call or WhatsApp 9711199012
VIP Girls Available Call or WhatsApp 9711199012
 
Global Terrorism and its types and prevention ppt.
Global Terrorism and its types and prevention ppt.Global Terrorism and its types and prevention ppt.
Global Terrorism and its types and prevention ppt.
 
Referendum Party 2024 Election Manifesto
Referendum Party 2024 Election ManifestoReferendum Party 2024 Election Manifesto
Referendum Party 2024 Election Manifesto
 
N Chandrababu Naidu Launches 'Praja Galam' As Part of TDP’s Election Campaign
N Chandrababu Naidu Launches 'Praja Galam' As Part of TDP’s Election CampaignN Chandrababu Naidu Launches 'Praja Galam' As Part of TDP’s Election Campaign
N Chandrababu Naidu Launches 'Praja Galam' As Part of TDP’s Election Campaign
 
Dynamics of Destructive Polarisation in Mainstream and Social Media: The Case...
Dynamics of Destructive Polarisation in Mainstream and Social Media: The Case...Dynamics of Destructive Polarisation in Mainstream and Social Media: The Case...
Dynamics of Destructive Polarisation in Mainstream and Social Media: The Case...
 
complaint-ECI-PM-media-1-Chandru.pdfra;;prfk
complaint-ECI-PM-media-1-Chandru.pdfra;;prfkcomplaint-ECI-PM-media-1-Chandru.pdfra;;prfk
complaint-ECI-PM-media-1-Chandru.pdfra;;prfk
 
Top 10 Wealthiest People In The World.pdf
Top 10 Wealthiest People In The World.pdfTop 10 Wealthiest People In The World.pdf
Top 10 Wealthiest People In The World.pdf
 
Chandrayaan 3 Successful Moon Landing Mission.pdf
Chandrayaan 3 Successful Moon Landing Mission.pdfChandrayaan 3 Successful Moon Landing Mission.pdf
Chandrayaan 3 Successful Moon Landing Mission.pdf
 
Opportunities, challenges, and power of media and information
Opportunities, challenges, and power of media and informationOpportunities, challenges, and power of media and information
Opportunities, challenges, and power of media and information
 

Introduction to China Pakistan Economic Corridor(CPEC) and prospects of CPEC for Gilgit Baltistan

  • 1.
  • 2. China Pakistan Economic Corridor (CPEC)
  • 3. Introduction and history 01 Mega Projects 02 CPEC benefits for Gilgit Baltistan 03 Conclusion 04 Table of Content
  • 4. China Pakistan Economic Corridor (CPEC)
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. What is CPEC? CPEC is the abbreviation of China Pakistan economic corridor. CPEC is an ongoing development mega projects whose aim is to connect the Gwadar port of Pakistan to China's northwestern region of Xinjiang, via a network of highways. railways and pipelines. CPEC is a collection of infrastructure projects currently under construction throughout Pakistan.
  • 10. (Continue..) The economic corridor is considered central to China— Pakistan relations and will run about 2700 km from Gwadar to Kashghar. China-Pakistan Economic Corridor and its connectivity with Central Asia, Middle East and Africa will help to shape entire region. Overall construction cost costs are estimated around $46 billion.
  • 11. China-Pakistan: A journey of friendship (1950-2020)
  • 12.  1950 - Pakistan becomes the third non-communist country, and the first Muslim one, to recognize the People's Republic of China and dispatched a high level delegation to China on January 4, 1950.  1963- Historic Visit of Foreign Minister Zulfiqar Ali Bhutto to China.  1978 The Karakoram Highway, a construction miracle, linking mountainous Northern Pakistan with Western China officially opened, linking China to the Arabian Ocean.
  • 13.  April 20, 2015 CPEC was launched on April 20, 2015 when Chinese President Xi Jinping and Pakistani Prime Minister Nawaz Sharif signed 51 agreements and Memorandums of Understanding valued at $46 billion.
  • 14. CPEC Benefits For Pakistan: by ( Fatima Sadiq)
  • 15.  CPEC will not only benefit China and Pakistan but will have positive impact on Iran , Afghanistan, Central Asian Republic, and the entire region.  The project is estimated to directly create some 700,000 jobs up to 2030, and speed up GDP growth significantly.  The CPEC deal also includes $ 5.9 billion for road projects and $ 3.7 billion for railway.
  • 16. Top Mega Projects In Pakistan Roads Railways Special Economic Zone Smart Cities Urban Forest Projects Mass Transit “China Pakistan economic corridor is a type of economic projects whose products are as” Energy Production
  • 17. 1. URBAN FOREST PROJECT
  • 18. 2. SMART CITY PROJECT
  • 19.  Special economic zone (SEZ) is an area in which business and trade laws are different from rest of the country.  SEZs are located within a country's national borders, and their aims include: increased trade, increased investment, job creation and effective administrations. 3. Special Economic zone
  • 20.  Public transport (also known as public transportation, public transit, or mass transit) is a shared passenger-transport service which is available for use by the general public. 4. Mass transit projects The following are the main mass transit projects Karachi Circular Railway. Orange Line- Lahore Quetta Mass Transit
  • 21. MAIN LINE (ML) 1 PROJECT
  • 22. Importance of Gilgit Baltistan in CPEC ( by Aqeela and Rozeena)
  • 23. Importance of Gilgit Baltistan in CPEC  GB has great importance for CPEC. GB is the gateway of CPEC and regional connectivity between China and Pakistan.  GB lies at a very important geostrategic location, sharing borders with India, Afghanistan, and China.
  • 24. Following are the major CPEC projects in Gilgit Baltistan.  Regional network for GB was being established.  Hydel projects  Khunjerab- Islamabad Fibre optic cable  Initiative for mining of minerals  Upgradation of KKH highway CPEC Projects in Gilgit Baltistan
  • 25.  The most important benefit of CPEC to GB is rise in international trade supporting the local industries.  This will contribute to an increase in trade of local products like minerals and gems.  According to the Asian Development Bank (ADB), GB produces over 100,000 metric tons of apricots, 4000 tons of cherries and 20,000 tons of apples, which are completely organic with no pesticides used. Locals hope that they can double their sales and profits by exporting these fruits to China. 1. Rise in international trade
  • 26.  Another important contribution of CPEC for GB is the investment in road and railway network that will connect the region with the rest of the country.  Under CPEC, the Karakoram Highway will be improved and a few new roads will be built. Construction of some new tunnels and bridges has already been completed.  A railway track is also expected to be constructed connecting the Kashgar city of China to Havelian of Pakistan. 2. Road and Railway Network
  • 27.  According to reports, a 100-megawatt hydropower project in Gilgit and another 80-megawatt project in Ghizer district have been listed under CPEC.  Diamer-Bhasha dam and China-Pakistan Optical Fiber projects are also underway.  3G and 4G technology will be provided to the whole region at lower rates after the completion of the optical fiber project. 3. Technological and Energy Infrastructure
  • 28.  CPEC will also boost the tourism industry of GB due to the improved security situation and better infrastructure.  Tourism plays a vital part in the local economy, as a number of families are dependent on tourism for meeting their financial needs.  Increased tourism will promote the unique culture of GB including dances, music, and handicrafts internationally. 4. Tourism industry
  • 29. RECOMMENDATION: Pakistan should implement and handle policies up to the mark Utilization of raw material and value added process should be done in Pakistan PAK CHINA ECONOMIC CORRIDOR
  • 30.  Natural Gateway for China.  Positive response by both countries through mutual cooperation  Both countries are keen to enhance trade activities Conclusion
  • 31.  Infrastructural improvement and Development of Dams  Stability of economy by investment in different sectors  “our friendship is “higher than the mountains, deeper than the oceans, stronger than steel, dearer than eyesight, sweeter than honey”. Conclusion