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contents
 Introduction
 Historical background of Pak China relationship
 History background of Gwadar
 Background of CPEC
 Agreement
 Major projects
 CPEC vision and mission
 CPEC importance to china
 Threats to China before CPEC
 CPEC importance to Pakistan
 CPEC advantages to China
 CPEC advantages to pakistan
 Objectives of CPEC
 Disadvantages of CPEC
Introduction
 The china-Pakistan Economic corridor
(CPEC)is the ongoing development mega
project which aims to connect Gwadar port
In south western Pakistan to China’s north
western region of xinjiang,via a network of
highways,railways and pipeline to transport
oil and gas
Historical Background of pak_china
relationship
Pakistan and china have been enjoying cordial
and friendly relations since 1950.the first decade
of relations was not as smooth as it were after
1960 especialy after the india china war, and
pakistan india war,the two countries also did not
know much about each other,which hindered their
bilateral cooperation . Fortunately,at that time
foreign minister for foreign affairs,Sir Zafarullah
Khan had some knowledge about chineese
mindset,which paved the way for Pakistan China
relationship
Historical background of Gawadar
 On 8th September 1958,Pakistan purchase
Gwadar enclave from oman for $3 Million
by prince karim Agha khan.
 In 1993, the Govt of Pakistan conceived a plant
to develop Gwadar into a major port city.
 Phase 1 of Gwadar was completed in 2007,and
inaugrated on 20march 2007
Background of CPEC
 The project was proposed by chinese premier LI
Keqiang during his visit to Pakistan in May 2013.
 The Pak china Economic corridor was
inaugrated in islamabad 27 august 2013.
 The vision for the economic corridor stretches far
back as Musharaf era
CPEC Vision and Mission
 To improve lives of people of pakistan and china
by building an economic corridor promoting
bilateral connectivity, constructions ,explore
potential bilateral investment , Economic and
trade,logistics and people to people contact for
regional connectivity
It includes:
• Integrated transport and IT Systems ,Road
,Railway,Port, Air and data communication
channel
• Energy cooperation
• Agriculture Development
Agreement
 On 20 April 2015,Pakistan and China signed an
agreement commence work on the $46 billion on
51 projects with approximately $28 billion in
immidiate projects and the rest allocated for
projects in the gas or oil pipeline
Major projects
Sales
Energy ($33.8 billion
Infrastructure ($11.8illion
communication($44 million
cotton biotech research
Energy Projects
 Wind Energy
• Jhimpir wind power project
• Dawood wind power project
 Coal power plant
• Hubco coal-fired power plant project
• Development of private hydro power projects
 Nuclear power plant
• Kanupp -2,Kanupp3
 Hydro power plant
• 720mw karoot hydro power project
• Development of private hydro power project
Infrastructure 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
OBJECTIVES of Pak_China
economic corridor
 China access to the indian ocean with the aim of
widening its geopolitical influence and military
presence in the region.
 Job opportunities and economic development
Baluchistan.
 chinese investment encourage pakistani ecconomy
OBJECTIVES of Pak_China
economic corridor
 Regional peace,prosperity and eleviate the
life of poor people of south asia.
 Enhance trade among pakistan,china,Gulf
states,central asia and africa.
 China is interested to extand the Iran
pakistan pipeline to its western territory7.
CPEC importance to China
 It would decreases the travel distance and cost
greatly from China to Gulf.
 Even if china uses PCEC for 50% of its oil supplies
than 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
Threats TO China before CPEC
 Chinese problems is 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.
CPEC Importance to Pakistan
 Strategic and economic trade routes.
 Development of infrastructure
 Connect all the province
 Development of FATA,KPK and Balochistan
 Job opportunities
 Equalization among provinces
Advantages to Pakistan
 Benefit new emerging regional cooperation.
 Save time,cost and freight charges.
 Facilitate trade,have economic zone en-route and
will allow reaping of full benefits of development
,economic and social uplift.
 Pakistan economy will boost.
 Create new employment opportunities.
Disadvantages
 Disturb of local industries.
 Difficult to compete chinese product in
market.
 Dependent to china.
 Focus on import rather than domestic
production.
 Due to free trade agreement with china
lead to lack of competition.
Recommendation
 Pakistan should create stability in its territory to
implementation on that plan.
 To make positive balance of trade pakistan should
increase export.
• Agriculture products
• Textile products
• Leather
Suggestions
 Establishment of interaction between youth of
both countries will be a good plan
 Pakistan provide proper security to chinese
workers and engineers
 Export or import on equal bases because Pakistan
import more goods than exports .
conclusion
 Natural gateway for China.
 Infrastructural improvement and development of
Dams.
 Stability of economy by investment in different
sectors
“our friendship is higher than mountain
deeper than the oceans , stonger than steel
sweeter than honey, dearer than eyesight”
Pak china economic corridor

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Pak china economic corridor

  • 1.
  • 2.
  • 3. contents  Introduction  Historical background of Pak China relationship  History background of Gwadar  Background of CPEC  Agreement  Major projects  CPEC vision and mission  CPEC importance to china  Threats to China before CPEC  CPEC importance to Pakistan  CPEC advantages to China  CPEC advantages to pakistan  Objectives of CPEC  Disadvantages of CPEC
  • 4. Introduction  The china-Pakistan Economic corridor (CPEC)is the ongoing development mega project which aims to connect Gwadar port In south western Pakistan to China’s north western region of xinjiang,via a network of highways,railways and pipeline to transport oil and gas
  • 5. Historical Background of pak_china relationship Pakistan and china have been enjoying cordial and friendly relations since 1950.the first decade of relations was not as smooth as it were after 1960 especialy after the india china war, and pakistan india war,the two countries also did not know much about each other,which hindered their bilateral cooperation . Fortunately,at that time foreign minister for foreign affairs,Sir Zafarullah Khan had some knowledge about chineese mindset,which paved the way for Pakistan China relationship
  • 6. Historical background of Gawadar  On 8th September 1958,Pakistan purchase Gwadar enclave from oman for $3 Million by prince karim Agha khan.  In 1993, the Govt of Pakistan conceived a plant to develop Gwadar into a major port city.  Phase 1 of Gwadar was completed in 2007,and inaugrated on 20march 2007
  • 7. Background of CPEC  The project was proposed by chinese premier LI Keqiang during his visit to Pakistan in May 2013.  The Pak china Economic corridor was inaugrated in islamabad 27 august 2013.  The vision for the economic corridor stretches far back as Musharaf era
  • 8. CPEC Vision and Mission  To improve lives of people of pakistan and china by building an economic corridor promoting bilateral connectivity, constructions ,explore potential bilateral investment , Economic and trade,logistics and people to people contact for regional connectivity It includes: • Integrated transport and IT Systems ,Road ,Railway,Port, Air and data communication channel • Energy cooperation • Agriculture Development
  • 9. Agreement  On 20 April 2015,Pakistan and China signed an agreement commence work on the $46 billion on 51 projects with approximately $28 billion in immidiate projects and the rest allocated for projects in the gas or oil pipeline
  • 10. Major projects Sales Energy ($33.8 billion Infrastructure ($11.8illion communication($44 million cotton biotech research
  • 11. Energy Projects  Wind Energy • Jhimpir wind power project • Dawood wind power project  Coal power plant • Hubco coal-fired power plant project • Development of private hydro power projects  Nuclear power plant • Kanupp -2,Kanupp3  Hydro power plant • 720mw karoot hydro power project • Development of private hydro power project
  • 12. Infrastructure 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
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  • 15. OBJECTIVES of Pak_China economic corridor  China access to the indian ocean with the aim of widening its geopolitical influence and military presence in the region.  Job opportunities and economic development Baluchistan.  chinese investment encourage pakistani ecconomy
  • 16. OBJECTIVES of Pak_China economic corridor  Regional peace,prosperity and eleviate the life of poor people of south asia.  Enhance trade among pakistan,china,Gulf states,central asia and africa.  China is interested to extand the Iran pakistan pipeline to its western territory7.
  • 17. CPEC importance to China  It would decreases the travel distance and cost greatly from China to Gulf.  Even if china uses PCEC for 50% of its oil supplies than 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
  • 18. Threats TO China before CPEC  Chinese problems is 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.
  • 19. CPEC Importance to Pakistan  Strategic and economic trade routes.  Development of infrastructure  Connect all the province  Development of FATA,KPK and Balochistan  Job opportunities  Equalization among provinces
  • 20. Advantages to Pakistan  Benefit new emerging regional cooperation.  Save time,cost and freight charges.  Facilitate trade,have economic zone en-route and will allow reaping of full benefits of development ,economic and social uplift.  Pakistan economy will boost.  Create new employment opportunities.
  • 21. Disadvantages  Disturb of local industries.  Difficult to compete chinese product in market.  Dependent to china.  Focus on import rather than domestic production.  Due to free trade agreement with china lead to lack of competition.
  • 22. Recommendation  Pakistan should create stability in its territory to implementation on that plan.  To make positive balance of trade pakistan should increase export. • Agriculture products • Textile products • Leather
  • 23. Suggestions  Establishment of interaction between youth of both countries will be a good plan  Pakistan provide proper security to chinese workers and engineers  Export or import on equal bases because Pakistan import more goods than exports .
  • 24. conclusion  Natural gateway for China.  Infrastructural improvement and development of Dams.  Stability of economy by investment in different sectors “our friendship is higher than mountain deeper than the oceans , stonger than steel sweeter than honey, dearer than eyesight”