China-Pakistan Economic Corridor

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China-Pakistan

Economic Corridor
Governance and Society
M. Ashar
Waqar Hanif
Tahir Masood
China-Pakistan Economic
Corridor (CPEC)

• Provide a brief overview of CPEC, explaining that


it is a collection of infrastructure projects that are
under construction throughout Pakistan, financed
and supported by China.
• Highlight the strategic significance of CPEC, as it
aims to connect Gwadar Port in southwestern
Pakistan to China's northwestern region of
Xinjiang, creating a direct trade route between the
two countries.
• Mention that CPEC is part of China's Belt and
Road Initiative (BRI), which is a global
infrastructure development strategy.

This Photo by Unknown Author is licensed under CC BY-NC


Background
• Provide some background information on the
historical and geopolitical context of CPEC,
including the longstanding friendship between
China and Pakistan, and their mutual interests
in economic and strategic cooperation.
• Mention that CPEC was officially launched in
2013 during the tenure of then-President of
Pakistan, Asif Ali Zardari, and Chinese
President Xi Jinping, and has since become a
flagship project of the BRI.
• Highlight the significance of CPEC for
Pakistan's economy, as it is expected to bring
massive investments, infrastructure
development, and job opportunities to the
country.
Key Projects

• List and briefly describe some of the


key projects under CPEC, such as the
development of Gwadar Port,
construction of highways, railways, and
energy projects, including power plants
and renewable energy projects.
• Include relevant statistics and facts
about the scale and impact of these
projects, such as the amount of
investment, expected economic benefits,
and the potential to address Pakistan's
energy and infrastructure deficits.
Benefits

Highlight Mention Discuss

Highlight the Mention the Discuss the social


economic benefits, potential for and cultural
such as increased regional benefits, such as
trade and connectivity and people-to-people
investment, job cooperation, as exchanges,
creation, and CPEC aims to technology transfer,
economic growth. connect South Asia, and capacity
Central Asia, and building.
the Middle East,
creating new
opportunities for
trade and
investment.
How CPEC has
impacted governance
in Pakistan.
• CPEC has the potential to
transform Pakistan's economic
and political governance by
providing a much-needed boost
to infrastructure, energy, and
trade.
How CPEC has
impacted governance
in Pakistan.

• It is expected to create new jobs,


attract foreign investment, and
improve the country's
competitiveness.
How CPEC has
impacted governance
in Pakistan.

• CPEC also presents potential


challenges and risks, including
corruption, lack of transparency,
and mounting debt.Pakistan will
need to carefully manage CPEC
projects and ensure that they are
implemented in a transparent and
accountable manner.
Economy

• Pakistani officials predict that CPEC will


result in the creation of upwards of 2.3
million jobs between 2015 and 2030, and
add 2 to 2.5 percentage points to the
country's annual economic growth. As of
2022, it has enhanced Pakistan's exports
and development capacity and is
providing 1/4th of total electricity.
Society
• CPEC is expected to have a
significant impact on Pakistani
society, both positive and negative.
Society
• On the positive side, CPEC is expected
to create new jobs, reduce poverty, and
improve education and healthcare.
• On the negative side, some communities
may be displaced by CPEC projects, and
there are concerns about environmental
degradation and social disruption.
• Pakistan will need to carefully balance
the benefits of CPEC with the potential
social costs and ensure that the benefits
are distributed fairly across society.
The Role of China in
CPEC
• China is a major investor in CPEC, and its
involvement in the project has significant
implications for Pakistan's governance
and sovereignty.Chinese investment in
Pakistan is expected to boost economic
growth and development, but it also
raises concerns about increased Chinese
influence in Pakistani politics and
economy.Pakistan will need to carefully
manage its relationship with China to
ensure that it can benefit from Chinese
investment without compromising its
sovereignty and national interests.
CONCLUSION
• CPEC has the potential to transform
Pakistan's economy and society, but it
also presents significant challenges and
risks.Pakistan will need to carefully
manage CPEC projects to ensure that
they are implemented in a transparent
and accountable manner and that the
benefits are distributed fairly across
society.The success of CPEC will depend
on Pakistan's ability to balance the
benefits of Chinese investment with
protecting its sovereignty and national
interests.

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