With a massive network of motorways, railways, hydropower, and developmental projects, the $60 billion worth China-Pakistan Economic Corridor (CPEC) is set to give a new dimension to Pakistan’s economy and development in the coming years. Connecting Pakistan’s deep-sea Gwadar Port with the Xinjiang Uyghur Autonomous Region in northwest China, CPEC is expected to change the face of regional economic integration. In the most recent interaction the matter of economic zones under CPEC was discussed. KPK favors Rashakai as a location instead of Hattar. Baluchistan believes most of its area could be declared an economic zone. There seem to be two views—selected economic zones or new mini cities in selected locations.It was decided that the Bhasha Dam project would not be part of CPEC and the Karachi Circular Road Project has also not been included. All provinces have to do considerable homework to craft carefully considered and feasible projects. Pakistan needs to safeguard its interests to the maximum and as a model the Chinese-Malaysian agreements may be studied.
Read Complete Article: CPEC: Enhancing Pakistan-China Cultural Exchange
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