http://dx.doi.org/10.31703/ger.2021(VI-I).08
10.31703/ger.2021(VI-I).08
Published : Mar 2021
A Project of China-Pakistan Economic Corridor: A Case study of Significant and Drawbacks for Pakistan
The corridor is significant to Pakistan's economic progress as well as the growth of Gilgit-Baltistan and Azad Kashmir. The corridor is a major transportation connection between Beijing and Islamabad that links them through land and rail routes; this project benefits the Asian and Middle Eastern countries by promoting trade and tourism between Pakistan and China. On April 20, 2015, it started with a $46 billion budget and had since grown to a total budget of $62 billion in 2017. Pakistan includes a road and rail network, power plants, and a unique economic sector. This proposal makes it possible to resolve oil and gas shortages, as well as economic and geopolitical scope. This massive project encourages stability, economic development, energy fortification, sustainable progress, and job creation.
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OBOR, Pakistan, China, CPEC, South Asia, Economy
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(1) Muhammad Ismail
Research Scholar, Department of Political Science, Federal Urdu University, Karachi, Sindh, Pakistan.
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Cite this article
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APA : Ismail, M. (2021). A Project of China-Pakistan Economic Corridor: A Case study of Significant and Drawbacks for Pakistan. Global Economics Review, VI(I), 95-104. https://doi.org/10.31703/ger.2021(VI-I).08
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CHICAGO : Ismail, Muhammad. 2021. "A Project of China-Pakistan Economic Corridor: A Case study of Significant and Drawbacks for Pakistan." Global Economics Review, VI (I): 95-104 doi: 10.31703/ger.2021(VI-I).08
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HARVARD : ISMAIL, M. 2021. A Project of China-Pakistan Economic Corridor: A Case study of Significant and Drawbacks for Pakistan. Global Economics Review, VI, 95-104.
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MHRA : Ismail, Muhammad. 2021. "A Project of China-Pakistan Economic Corridor: A Case study of Significant and Drawbacks for Pakistan." Global Economics Review, VI: 95-104
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MLA : Ismail, Muhammad. "A Project of China-Pakistan Economic Corridor: A Case study of Significant and Drawbacks for Pakistan." Global Economics Review, VI.I (2021): 95-104 Print.
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OXFORD : Ismail, Muhammad (2021), "A Project of China-Pakistan Economic Corridor: A Case study of Significant and Drawbacks for Pakistan", Global Economics Review, VI (I), 95-104
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TURABIAN : Ismail, Muhammad. "A Project of China-Pakistan Economic Corridor: A Case study of Significant and Drawbacks for Pakistan." Global Economics Review VI, no. I (2021): 95-104. https://doi.org/10.31703/ger.2021(VI-I).08