China Pak economic corridor is a gateway for Pakistan towards success and prosperity. Pak China relations, game plan, routes, projects and effects on the economy of Pakistan are described in it.
3. Contents
Historical background of Gwadar
Introduction to China Pak Economic Corridor ( CPEC )
History of Pak-China relations
Investment in Pakistan
Project Proposed
MOU
Major Projects of CPEC
Benefits to China & Pakistan
Disadvantages to Pakistan
Conclusions
4. Historical Background of Gwadar
Longest district along the Makran coast.
Originally the legacy of Baloch fishermen who first came to live here.
Has been the station and refuge of numerous nations.
In area of 3rd B.C a group of Muslims along with Caliph Omar travelled all the way
to Makran to preach Islam.
Meer Hammal Kalmati, the chieftain of the coastal Balochs, fought several battles
with the Portuguese in 16th century.
After their victory the Portuguese burned the entire villages of Gwadar and Pasni in
1581 resulted a large number of population effected.
Became a part of the state of Kalat in the 18th century then in 1783 the state of
Oman.
5. Historical Background of Gwadar
On 8th September 1958, Pakistan paid $3 million to get the authority of the enclave
from the Oman.
The mega project of a sea port in Gwadar remained pending until Pakistan got the
complete charge of Gwadar in 1988.
Arab Soldiers of Gwadar in the territory Gwadari fort and the AghaKhani
of Oman and Masqat Jamat Khana
8. Introduction to Chin-Pak Economic
Corridor ( CPEC )
A framework of regional connectivity
Positive impact on all the regional countries
The enhancement of geographical linkages having improved road, rail and air
transportation system
Free exchanges of growth and people to people contact
Integrated region of shared destiny, harmony and development
Journey towards economic regionalization in the globalized world
Hope of better region of the future with peace, development and growth of
economy
9. Introduction to Chin-Pak Economic
Corridor ( CPEC )
CPEC Vision & Missions
Integrated Transport & IT systems including Road, Rail, Port, Air and Data
Communication Channels
Energy cooperation
Spatial layout, functional zones, industries and industrial parks
Agricultural development & poverty alleviation
Tourism cooperation & people to people communication
Cooperation in livelihood areas
Financial cooperation
Human Resource Development
11. History of Pakistan and China
relations
Pakistan got independence in 1947.
The Communist rebels won the war against National
Government in 1949 led by Mao Zedong.
Pakistan was an alloy of US so it was not possible to
become an alloy of China because it was a Communalist
state.
12. History of Pakistan and China
relations
China won some of Indian`s land in 1963 after war .
China gave a $60 Millions interest free loan to
Pakistan in 1963.
China was a world`s largest purchaser of Pakistani
Cotton 1963.
Since August 1964 regular flights of PIA went to China.
In 1964 China supported Kashmir Issue in favor of
Pakistan in return Pakistan supported Chines entry
into the UN.
13. History of Pakistan and China
relations
In 1965 war China supported Pakistan & applied diplomatic pressure on India.
In 1971, China didn`t supported Pakistan because a stronger state USSR was
involved in the war.
In 1972, Bhutto visited China and it granted previous loan to Pakistan.
China supplied military aid to Pakistan.
14. History of Pakistan and China
relations
China gave Pakistan economic assistance
Karakoram Highway built between the two countries .
In 1986, General Zia-ul-Haq visited China.
A nuclear cooperation treaty signed between the two countries.
A 300-megawatt nuclear power plant built with Chinese help in Punjab province is
completed.
15. History of Pakistan and China
relations
Pak-China annual trade volume is US $12 billion.
Both signed free trade agreement
Pak-China Friendship center
Pak-China business form
16. History of Pakistan and China
relations
Defense cooperation
Strategic Partners
JF-17 Thunder fighter jet planes
Combined Military Exercises
19. Investment in Pakistan
China has become the largest investor in Pakistan.
The investment of China in Pakistan has reached to a level of about $400 millions in
2015-16 .
The table of investors in Pakistan is
23. MOU
Concessional Loan for Karachi- Lahore Motorway .
Concessional loan for Gwadar International Airport .
MOU between NUML Pakistan and Xinjiang Normal University China .
Establishment of NUML International Centre of Education (NICE) between NUML
Pakistan and Xinjiang Normal University .
24. MOU
Cooperation between WAPDA & CTG
Contract on Lahore Orange line Metro
train project
Financing for Lahore orange line metro
train project
Financing for KKH upgradation Phase-2
25. Major Projects of CPEC
CPEC
Energy
Infrastructure
Cotton
Biotech
research
Communication
26. Major Projects of CPEC
List Of Projects
Wind Energy
Jhimpir wind power project
Dawood Wind power project
Coal Power Plant
Hubco coal power plant
Nuclear Power Plant
Kanupp-II Kanupp-III
Solar Power Plant
Zonergy 9*100 MW solar project in Punjab
Hydro Power Plant
720 MW Karot Hydropower project
Development of private hydropower projects
27. Major Projects of CPEC
Gwadar Port upgradation
Lahore Karachi Motorway
Peshawar Karachi Motorway
Havelian Khujerab Railway
Hazara Motorway
Gwadar Ratodero Motorway
Gwadar International Airport
Lahore Orange Line Metro Train
29. Benefits to China & Pakistan
Benefits to China
Chinese industries are facing problems to compete in Global Market due to high
transportation cost and delivery time.
China is using a longest way due to which a transportation cost and time increases,
which gives a competitive edge to competitors e.g. Japan, USA
30. Benefits to China & Pakistan
Benefits to China
It would decrease the travel distance and cost greatly from China to Gulf.
Even if China use CPEC for 50% of its oil supplies then it will save $6 Millions
everyday, almost $2 Billions every year.
Independent path from USA & India`s interference.
New business markets in other countries.
31. Benefits to China & Pakistan
Benefits to Pakistan
Strategic and economic trade routes
Development of Infrastructure
Connect all the Provinces
Development of FATA, KPK & Baluchistan
Job opportunities
32. Benefits to China & Pakistan
Benefits to Pakistan
CPEC from all counts will prove a game changer
Investment by China will boost Pakistan`s
$274 Billions GDP by over 15% .
Given the solid foundation of friendship .
33. Disadvantages to Pakistan
FTA leads to threat for local markets and local
manufacturers
Disturbance of local Industries
Difficult to compete Chines products in market
Dependent to China
35. Conclusions
Natural gateway for China
Positive response by both countries through mutual cooperation
Both countries are keen to enhance trade activities .
36. Conclusions
Stability of economy by
investment in different sectors
Infrastructure development
and development of dams.