CPEC- The game changer Plan for not only china and pakistan but for all the south asian countries

2. China-Pakistan Economic
Corridor

3. INTRODUCTION
CPEC is basically a framework of regional
connectivity. CPEC will not only benefit China
and Pakistan but will have positive impact on
other South and Central Asian countries.

4. CPEC Projects in Gwadar
 China will grant Pakistan
$230 million to construct a new
international airport in Gwadar
which is to be operational by
December 2017.
 The city of Gwadar is further being
developed by the construction of a
300MW coal power plant, a
desalinisation plant, and a new 300
bed hospital.
 East Bay Expressway – a 19 kilometre
controlled-access road that will
connect Gwadar Port to the Makran
Coastal Highway.

5. CPEC Road Routes
CPEC will benefit all the provinces especially
Balochistan, Khyber Pakhtunkhwa and Federally
Administered Tribal Areas (FATA). According to
data released by Planning Commission of
Pakistan, 335 km long Khunjerab to Raikot road is
complete while the feasibility study of 270 km
Raikot to Thakot road is complete.

7. CPEC Rail routes
The CPEC project emphasises major upgrades to
Pakistan's ageing railway system, including
rebuilding of the entire Main Line 1 railway
between Karachi and Peshawar by 2020.
In addition to the Main Line 1 railway, upgrades
and expansions are slated for the Main Line 2
railway and Main Line 3 railway. The CPEC plan
also calls for completion of a rail link over the
4,693-meter high Khunjerab Pass.

9. CPEC Energy Projects
Renewable Energy Projects:
China's Zonergy company completed construction
on the world's largest solar power plant – the 6,500
acre Quaid-e-Azam Solar Park near the city
of Bahawalpur with the capacity of 1000MW was
completed in December 2016. The $2.4 billion, 1,100
MW Kohala Hydropower Project being constructed
by China's Three Gorges Corporation predates the
announcement of CPEC, though funding for the
project will now come from CPEC fund 2016.

10. Coal
The Shanghai Electric company of China will construct two
660MW power plants as part of the “Thar-I” project in the
Thar coalfield of Sindh province. The facility will be powered
by locally sourced coal, and is expected to be put into
commercial use in 2018.
Near the Thar-I project, the China
Machinery Engineering Corporation
in conjunction with Pakistan’s
Engro Corporation will construct
two 330MW power plants (having
initially proposed the simultaneous
construction of two 660MW power
plants)

11. Liquified Natural Gas
Liquefied natural gas power LNG projects are also
considered vital to CPEC. The Chinese government has
announced its intention to build a $2.5 billion 711 kilometre
long liquid natural gas pipeline from Gwadar
to Nawabshah in province as part of CPEC. The pipeline is
designed to be a part of the 2,775 kilometre long Iran–
Pakistan gas pipeline, with the 80 kilometre portion
between Gwadar and the Iranian border to be connected
when sanctions against Tehran are eased; Iran has already
completed a 900 kilometre long portion of the pipeline on
its side of the border.

12. The Pakistani portion of the pipeline is to be constructed by the
state-owned China Petroleum Pipelines Bureau. It will be 42
inches in diameter, and have the capacity to transport 1 billion
cubic feet of liquified natural gas every day, with an additional 500
million cubic feet of additional capacity when the planned off-
shore LNG terminal is also completed The project will not only
provide gas exporters with access to the Pakistani market, but will
also allow China to secure a route for its own imports.

13. “Early Harvest” Energy Projects
As part of the "Early Harvest" scheme of the CPEC,
over 10,000 megawatts of electricity-generating
capacity is to be developed between 2018 and
2020. While some "Early Harvest" projects will not be
complete until 2020, the government of Pakistan plans
to add approximately 10,000 MW of energy-generating
capacity to Pakistan's electric grid by 2018 through the
completion of projects which complement CPEC.

14. Under the scope of CPEC, the 1,223 MW Balloki power plant, and
the 1,180 MW Bhakki powerplants are also under
construction, which along with the under-construction 969
MW Neelum–Jhelum Hydropower Plant and 1,410 MW Tarbela IV
Extension Project will result in an additional 10,000 MW being
added to Pakistan's electricity grid by 2018 by a combination of
CPEC and non-CPEC projects. A further 1,000 MW of electricity
will be imported to Pakistan from Tajikistan and Kyrgyzstan as
part of the CASA-1000 project, which is expected to be completed
in late 2018.

15. CPEC Agricultural Projects
Under the plan, agricultural information project, storage and
distribution of agricultural equipment and construction
project, agricultural mechanization, demonstration and
machinery leasing project and fertilizer production project
for producing 800,000 tons of fertilizer and 100,000 tons of
bio-organic fertilizer will be implemented.

16. Science and Technology Projects
As part of CPEC, the two countries
signed an Economic and Technical
Cooperation Agreement, as well as
pledged to "China-Pakistan Joint
Cotton Bio-Tech Laboratory“ The
two countries also pledged to
establish the "China-Pakistan Joint
Marine Research Center" with State
Oceanic Administration and
Pakistan's Ministry of Science and
Technology Also as part of the
CPEC agreement, Pakistan and
China have agreed to co-operate in
the field of space research.

17. How will CPEC boost Pak’s Economy
It is estimated that if all the
planned projects are implemented,
the value of those projects would
exceed all
foreign direct investment in
Pakistan since 1970 and would be
equivalent to 17% of Pakistan's 2015
gross
domestic product. It is further
estimated the CPEC project will
create some 700,000 direct jobs
during the
period 2015–2030 and add up to 2.5
percentage points to the country's
growth rate.

18. Conclusion
The CPEC appears to be a very crucial project for both
the countries. For China it provides an alternate secure
route to import Energy and find new markets for its
goods and services. For Pakistan it helps counters
Indian influence in the region, position itself as a
major transit point connecting Eurasian region with
South Asia and South East Asia and provide a much
needed base to kick start its economic growth

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