C PACK HIstory and it's. Advantages.

 

𝐂𝐏𝐄𝐂: 𝐇𝐈𝐒𝐓𝐎𝐑𝐘, 𝐁𝐀𝐂𝐊𝐆𝐑𝐎𝐔𝐍𝐃, 𝐂𝐇𝐀𝐋𝐋𝐄𝐍𝐆𝐄𝐒 𝐀𝐍𝐃 𝐖𝐀𝐘-𝐅𝐎𝐑𝐖𝐀𝐑𝐃

 

Pakistan is one of the most important countries, population-wise, in Asia. It is considered the sixth most populous country in the world, with an estimated population of almost 220 million people. Most of the people reside in the four provinces of Khyber Pakhtunkhwa (KP), Punjab, Sindh, and Baluchistan. It will be the fourth most populous country by the year 2050 in the world.

A famous Chinese saying is, “To understand today, one needs to know the history; and to know the future, one needs to review the past.”

𝐁𝐀𝐋𝐔𝐂𝐇𝐈𝐒𝐓𝐀𝐍 𝐈𝐒 𝐌𝐎𝐒𝐓 𝐈𝐌𝐏𝐎𝐑𝐓𝐀𝐍𝐓 𝐂𝐎𝐌𝐏𝐎𝐍𝐄𝐍𝐓 𝐎𝐅 𝐂𝐏𝐄𝐂

Balochistan is the most deprived province of Pakistan. It is located at the eastern edge of Iran. It is geographically the largest of the four provinces with 347,190 sq km and equates to 42 percent of the total land area of Pakistan. The population density is very low due to the hilly territory and insufficiency of water and other human resources. It has 26 districts and the approximate population of Balochistan is about 15 million.

Balochistan is rich in natural resources. The economy is largely based on the production of natural gas, coal and minerals. The province’s natural resources significantly help meet the energy needs of Pakistan as a whole. Limited farming in the east and fishing along the Arabian Sea coastline are other forms of income and sustenance for the local population. Balochistan is very poor in basic education.

It is expected that 2.0 million people are expected to move to Gwadar within a span of 30 years. The port is not yet functioning, but noticeable signs of progress have been seen. Similarly, new residential areas, hotels, buildings, schools, hospitals and roads are indicative of modern trends. It is also expected to have a positive impact on the rest of the province, which has been neglected for a long time. Gwadar Port is a mega project of CPEC and a vast amount of investment is anticipated in both its infrastructure and extensions.

𝐇𝐈𝐒𝐓𝐎𝐑𝐘 𝐎𝐅 𝐂𝐏𝐄𝐂:

CPEC is an important project in improving regional connectivity as “strategic partners.” The idea became a reality in 2013 through the visit of Chinese Premier Li Keqiang to Pakistan. The historic memorandum of understanding between the two countries on CPEC was signed on July 5, 2013. In the same year, Prime Minister Nawaz Sharif visited China and signed eight agreements. Prime Minister Nawaz Sharif visited China again and 19 more agreements were signed in 2016.

The CPEC is an important part of One Belt One Road known as BRI. It is a package of infrastructure and energy projects, Its specific purpose is to upgrade and expand Pakistani infrastructure, linking China’s western province of Kashgar with Pakistan’s Gwadar Port on the Indian Ocean. Pakistan is a developing country; the CPEC is a great opportunity to enhance its economy. Through this mega project, Pakistan’s population can reduce its poverty and achieve a higher standard of living.

In April 2015, Chinese President Xi Jinping visited Pakistan. During his visit, approximately 51 agreements were signed between China and Pakistan with a total worth of $46 billion, which also included the development of the CPEC. The original $46 billion that China invested in Pakistan under the CPEC has now expanded to approximately $54 billion. This amount exceeds all foreign direct investment. The result is that, over the last several years, Pakistan has received considerably more aid than it has received from the United States.

𝐁𝐄𝐍𝐄𝐅𝐈𝐓𝐒 𝐎𝐅 𝐂𝐏𝐄𝐂:

1. 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐁𝐨𝐨𝐬𝐭: 

The CPEC, on completion, will show a major increase in Pakistan’s economy by increasing trade with China, Central Asia, Russia, Middle East and Europe. Even within the construction phase and completion of the CPEC there will be a visible economic growth in Pakistan by about three percent because of increase in industrial development due to the availability of resources.

2. 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞:

Between the construction phase of the CPEC and after the completion of CPEC route the value of the land surrounding is improving significantly and is providing many commercial opportunities to owners and developers of the land.

3. 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐆𝐫𝐨𝐰𝐭𝐡:

Due to increase in agricultural production Pakistan will observe a significant agricultural growth with cooperation of China and sharing modern technology and strategies along with our feasible weather conditions.

4. 𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭:

CPEC will promote foreign investment in Pakistan which will ultimately show an increase in our economic growth rate.

5. 𝐆𝐫𝐞𝐚𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐨𝐟 𝐈𝐦𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐄𝐱𝐩𝐨𝐫𝐭:

Another major advantage would be the increase in trade from which revenue will be generated, which will be earned from transiting goods to and from other countries.

6. 𝐄𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

CPEC would create employment opportunities for the local people to an extent of about two to three million which will contribute towards economic conditions of Pakistan.

7. 𝐓𝐨𝐮𝐫𝐢𝐬𝐦 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐏𝐫𝐨𝐦𝐨𝐭𝐢𝐨𝐧:

The CPEC would provide for ideal tourism conditions in Pakistan, facilitating the flourishing of the tourism and hotel industry of Pakistan by providing a safe route and attractive commercial activity around Gwadar city.

8. 𝐏𝐚𝐤𝐢𝐬𝐭𝐚𝐧’𝐬 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐫𝐨𝐥𝐞 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐦𝐨𝐫𝐞 𝐩𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭:

Many regional and extra-regional countries will be joining CPEC; this will improve Pakistan’s international stature, our contacts and will create an aura of peace and stability in the region.

9. South Asian countries will also prefer CPEC lead geo-economics over geopolitics and resolving major disputes like Jammu & Kashmir will get easier and peace will be achieved successfully. This would also facilitate South Asia’s interconnectivity and its connectivity with China, Central Asia, West Asia and Russia.

10. 𝐃𝐞𝐟𝐞𝐧𝐜𝐞 𝐒𝐮𝐩𝐩𝐨𝐫𝐭:

CPEC will definitely bring vast strategic and economic advantages to Pakistan and regions surrounding it. Not only will CPEC be beneficial for the country but the citizens of Pakistan will also be able to bear fruits of its development on an individual level.

𝐖𝐀𝐘 𝐅𝐎𝐑𝐖𝐀𝐑𝐃

The PML-N Government in alliance with PPP is putting the CPEC on track with a high speed. Prime Minister Shehbaz Sharif and Minister of Planning and development Ahsan Iqbal are expected to take CPEC to new heights in the coming months.

Defence forces of Pakistan are taking extraordinary measures to provide security to CPEC projects and Chinese nationals working in Pakistan. People of Pakistan are emotionally connected to CPEC and China. Public support in Pakistan will always be the long-term security of CPEC. In future, OBOR will be a global connection and CPEC will be the foundation stone of OBOR.