PAkistan China Economic corridor

1. PRESENTED BY
M ABDULLAH
DILDAR(85)
M HARIS MINHAS(109)

2. Contents
 Historical background of Gwadar .
 The final agreement.
 History of Pak china Relations.
 MOU (memorandum of understanding).
 List Of Major projects.
 Development Targets.
 Road Routes.
 Benefits for Pakistan and China.
 Disadvantages.
 Conclusion.

3. Historical background of Gwadar
 Port city on the southwestern coast of Pakistan's Balochistan
province.
 Pakistan purchased it from Oman.
 Gwadar Port is a strategic warm-water deep seaport.
 Officially opened on 20 March 2007

4. History Of Pakistan China Relations
 Pakistan–China relations began in 1950.
 Strategic alliance was formed in 1972 and economic co-
operation began in 1979.
 China has invested $20 billion in various projects.

5. The Final Agreement
Between the planning MINISTERS of both countries In the presence of
PRESEDENTS of PAK(MAMNOON HUSSAIN) and CHINA (Xi Jinping)

6. MOU (memorandum of
understanding)
 Concessional Loan for Karachi-Lahore Motorway
 Concessional Loan for Gwadar International Airport
 MOU between NUML Pakistan and Xinjiang Normal University
 Establishment of NUML International Center of education (NICE)
between NUML Pakistan and Xinjiang Normal University

7. List Of Major projects
 Gwadar Port up gradation
 Lahore-Karachi Motorway
 Peshawar-Karachi Motorway
 Havelian-Khunjerab Railway
 Hazara Motorway
 Gwadar-Ratodero Motorway
 Gwadar International Airport
 Lahore Orange Line Metro Train

8.  1st Target （ 2020 ） : Period of
market cultivation. To develop
commercial logistics and other
industries with local resources.
 2nd Target （ 2025 ） : Period of
expansion and development.
Processing and manufacturing
industries will be developed.
 3rd Target （ 2030 ） : Period of
Maturity. Enlarge the scale and
scope of Free Zone.
Development Targets

9. Road Routes

10. Benefits to China
 Chinese industries are facing problems to compete in global
market due to high transportation cost and delivery time.
 China is using a longest way due to which transportation cost
and time increases, which gives a competitive edge to
competitors e.g. Japan, USA

11. Benefits to China

12. Benefits to China
 It would decrease the travel distance and cost greatly from
China to Gulf.
 Even if China uses PCEC for 50% of its Oil supplies then it
will save $6 Million every day, almost $2 billion every year.
 Independent path from India and USA’s interference.
 New business market in another country.

13. Benefits to Pakistan
 Pakistan economy will Boost
 Strategic and economic trade routes.
 Development of Infrastructure.
 Connect all the Province.
 Development of Fata, KPK and Baluchistan.

14. Benefits to Pakistan
 Job opportunities
 CPEC from all counts will prove a game changer
 Investments by China will boost Pakistan’s $274
billion GDP by over 15 %
 Given the solid foundations of friendship

15. Disadvantages
 FTA leads to threat for local markets and local
manufacturers
 Disturb of local industries
 Difficult to compete chine’s product in market
 Dependent to China

16. Conclusion
 Natural Gateway for China
 Positive response by both countries through mutual cooperation
 Both countries are keen to enhance trade activities
 Infrastructural improvement and Development of Dams
 Stability of economy by investment in different sectors