CPEC: Why Pakistan views corridor to China as a ‘Game-changer’

19 Sep

The CPEC project costs $75 billion, of which over $45 bn will ensure corridor become operational by 2020.

The Pakistani government and the country’s press are calling CPEC (China-Pakistan Economic Corridor) a ‘game changer’, with many analysts saying the $46 billion Chinese investment will make Pakistan the next Asian Tiger.

What is CPEC?

CPEC is said to be China’s biggest ever overseas investment. A 3,218-km-long route, to be built over 15 years, consisting of highways, railways and pipelines that will connect Gwadar Port to Xinjiang. The project costs $75 billion, of which over $45 bn will ensure corridor become operational by 2020. Remaining investment will be spent on energy generation and infrastructure development.
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