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The book is divided into ten chapters that discuss and evaluate the anticipated economic and geopolitical effects on the region. In addition, it investigates the role of CPEC in the future regional cooperation and integration of subnational regions such as Balochistan, Khyber Pakhtunkhwa (including the Federally Administered Tribal Areas), and Gilgit-Baltistan.
By 2022, Chinese investment in Pakistan had risen to $65 billion. [19] China refers to this project as the revival of the Silk Road. [20] CPEC envisages rapidly upgrading Pakistan's infrastructure and thereby strengthening its economy by constructing modern transportation networks, numerous energy projects, and special economic zones. [21] [22 ...
The Western Alignment roadway network begins at the Brahma Bahtar Interchange on the M1 Motorway near the towns of Burhan and Hasan Abdal in northern Punjab province. [3] The newly reconstructed Karakoram Highway connects to the Western Alignment at Burhan, near where the new 285-mile-long (285 mi) controlled-access Brahma Bahtar-Yarik Motorway will commence. [4]
The second meeting of Pakistan-China JCM was virtually held in August 2020. During the meeting, Pboth countries agreed to push CPEC into its second phase, beyond infrastructure and energy, through broader economic and social development, agricultural modernization, including rural revitalization, industrialization, and green growth.
Special Economic Zones (SEZs) in Pakistan are areas designated by the government of Pakistan to promote industrial growth and attract investment. In Pakistan, the SEZ Act was established on 13 September 2012, alongside the subsequent notification of SEZ Rules within the same year. [1] [2]
"Protocol to Amend the Free Trade Agreement Between the Government of the People's Republic of China and the Government of the Islamic Republic of Pakistan". Government of Pakistan Ministry of Commerce. Islamabad. The Pakistan Business Council (2020). "Preliminary Analysis of Pak-China FTA Phase II". The Pakistan Business Council.
Indonesia is identified as a primary source for its high quality coal, reliable production, and short transit times to Pakistan. [ 16 ] Coal from Pakistan's own Thar coalfield was found to contain excessive amounts of sulfur and lime, and was not deemed to be of high enough quality for the project. [ 17 ]
The Gadani Power Project (also known as Pakistan Power Park) was a proposed energy complex in Gadani, Balochistan, Pakistan, under the China-Pakistan Economic Corridor. [1] In August 2013, the Pakistani government announced the establishment of ten coal power plants with a total capacity of 6,600 MW, with technical and financial assistance ...