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CPEC: A Gateway of Prosperity

As a main project of the Belt and Road Initiative, which focuses on connectivity and cooperation to promote common prosperity, the China-Pakistan Economic Corridor is a win-win proposition for Pakistan and the region. However, the CPEC has faced criticism and negative publicity since its inception from countries that feel threatened …

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Government Vows Greater Transparency in Second Phase of CPEC

CPEC Authority Chairman and Special Assistant to Prime Minister on Information retired Lt Gen Asim Bajwa said the Phase-II of CPEC would be started after “full preparation and in an institutional manner”, while ensuring “full transparency”. He was speaking at the signing ceremony of business cooperation agreements between leading Chinese …

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CPEC a Debt Reliever, Not a ‘Debt Trap’ for Pakistan

The China-Pakistan Economic Corridor, as part of the Belt and Road Initiative, has been making remarkable progress, yet some countries and observers are trying to belittle its enormous potential benefits by labeling it a “debt trap”. Since the CPEC is entering the next phase of its development, those opposed to …

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An unstoppable rise to collaborative economy

The sharing economy is a socio-economic ecosystem built around the sharing of human, physical and intellectual resources. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organizations. Whilst the sharing economy is currently in its infancy, known most notably as a …

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CPEC: Reshaping Pakistan’s Railway

Pakistan railway is inefficient with several problems that affect both passengers and the freight sector. There are copious reasons for such a dilapidated railway network and makes one wonders as to what and how could be the possible reasons for such a run-down railway system, especially when other countries with …

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SPECIAL ECONOMIC ZONES UNDER CPEC

Industrial revolution had initiated in the 18th century but the world had to wait till 1959 to witness the establishment of first modern Special Economic Zones (SEZ) in Shannon, Ireland. As of 2006, International Labor Organization’s (ILO) database reported 3,500 zones in 130 countries and today one can find more …

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WHY DOES INDIA RUN COUNTER TO CPEC?

China-Pakistan Economic Corridor (CPEC), a pilot project of “Belt and Road Initiative” (BRI) which is based on the vision of economic prosperity through connectivity, inclusivity and a win-win for Pakistan and beyond. Since CPEC’s inception, it has been confronted by “hyped” antagonism through the introduction and infusion of negative narratives …

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$2.4 BILLION HYDROELECTRIC PROJECTED TO BE INITIATED UNDER CPEC

The government of Azad Jammu and Kashmir (AJK) has signed an agreement with China Three Gorges Corporation and Private Power and Infrastructure Board (PPIB) for the development of Kohala hydroelectric power project. 1124 megawatt of hydroelectric energy project will be launched under the umbrella of CPEC (China-Pakistan Economic Corridor) with …

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FIRST EVER CARGO BY GWADAR PORT: A STEP FORWARD

The transformation of the port of Gwadar began in 2013 and has proceeded gradually over the intervening years. It is the linchpin in the China-Pakistan Economic Corridor (CPEC), a $60 billion collection of infrastructure projects intended to connect Pakistan’s seaboard with inland markets. The shipment of goods from the recently-built port of …

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JOBS INNOVATION BY CPEC: AN UNTOLD REALITY

The China-Pakistan Economic Corridor umbrella intends to provide a structural transformation in the region of Pakistan. Before the initiation of the China-Pakistan Economic Corridor project, it has never been considered as an infrastructure specific project subject to the construction of some roads, bridges, etc. rather a developed structure of the …

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