How is CPEC a game changer?

“CPEC, a flagship project of BRI, is a transformational project. Envisaging an investment of US$62 billion financed by China, it entails greater connectivity and trade linkages between Pakistan and China through a network of road, rail, fiber optic cable, energy pipelines and power generation projects.

How CPEC is a game changer for South Asia?

The project will create nearly 700,000 new jobs and add up to 2.5 percent to Pakistan’s annual growth rate. CPEC has undeniable economic and strategic importance for Pakistan and China. It has been called a game-changer for Pakistan because it will link China with markets in Central Asia and South Asia.

Is CPEC a game changer or a fate changer?

The China Pakistan Economic Corridor (CPEC) is being called a ‘Game Changer’ and a ‘Fate Changer.’ It is a mega project, by national, regional and international standards when completed, the project will have a deep impact on Pakistan’s economy, regional economics and international connectivity. The CPEC, however, is not just an economic project.

What is China Pakistan Economic Corridor (CPEC)?

Preface The China Pakistan Economic Corridor (CPEC) is being called a ‘Game Changer’ and a ‘Fate Changer.’ It is a mega project, by national, regional and international standards when completed, the project will have a deep impact on Pakistan’s economy, regional economics and international connectivity.

What is the CPEC project?

CPEC, a flagship project of China’s “One Belt One Road” (OBOR) initiative, acts as a vital bridge that connects China with Central Asia, the Middle East and South Asia. By linking China with the Arabian Sea and the Persian Gulf, CPEC will expand trade potential and enhance energy security of the region.

What is CPEC and how will it benefit China?

By linking China with the Arabian Sea and the Persian Gulf, CPEC will expand trade potential and enhance energy security of the region. It will directly benefit the people inhabiting China, South Asia, Central Asia and the Middle East.