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The Project of OBOR: A Study of China-Pakistan Economic Corridor Significant for Pakistan

JOURNAL:MAZEDAN INTERNATIONAL JOURNAL OF SOCIAL SCIENCES AND HUMANITIES

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# Authors First Online DOI Downloads Citations
1. Muhammad Ismail 29 Sep 2020 MIJSSH0103005 25 0
Abstract

China's government has begun on a huge initiative recognized since One Belt, One Road in a twenty-first century. While a consequence of his utilization of routes, China sells its products all over the world. One of six economic corridors is the Economic Corridor. 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, these project benefits for 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 has since grown to a total budget of $62 billion in 2017. Pakistan includes road and rail network, power plants, and 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, economy development, energy fortification, sustainable progress, and job creation.

Keywords

OBOR, Pakistan, China, CPEC, South Asia, Economy

References

  1. [1]           Ali, Dr. G. (2018). China-Pakistan relations: A Historical Analysis. Karachi: Oxford university Press.

    [2]           Ali, Dr. Ghulam. (2018). China-Pakistan relations: A historical Analysis. Karachi: Oxford University Press.

    [3]           Aqeel, M. (2016). impact of China Pakistan Economic Corridor. ARCADA,

    [4]           Atif Shan Makhdoom, Dr. Aisha Bashir Shah and Dr. Kiran Sami. (2017). Pakistan on the Rodway to socio-economic development: A Comprehensive study of China Pakistan economic corridor. the government: Research journal of political science, Vol. vi.

    [5]           Ayza Shaukat, dr. Kahlil Ahmad and Dr. Muhammad Abdullah. (2019). Does infrastructure development promote regional economic integration and CPEC implication for Pakistan.