• Predict the advantages Pakistan will enjoy on the accomplishment of this plan.
Of China Pakistan Economic Corridor
Answers
1. Economic help
2. Military help
3. A friend to fight against India
4. A powerful name in world
5. Trade
Benefits The CPEC will open doors to immense economic opportunities not only to Pakistan but will physically connect China to its markets in Asia, Europe and beyond. Almost 80% of the China’s oil is currently transported from Strait of Malacca to Shanghai, (distance is almost 16,000 km and takes 2-3 months), with Gwadar becoming operational, the distance would reduce to less than 5,000 km.
• If all goes well and on schedule, of the 21 agreements on energy– including gas, coal and solar energy– 14 will be able to provide up to 10,400 megawatts (MW) of energy by March 2018.
• According to China Daily, these projects would provide up to 16,400 MW of energy altogether. As part of infrastructure projects worth approximately $11 billion, and 1,100 kilometer long motorway will be constructed between the cities of Karachi and Lahore.
• 1: While the Karakoram Highway between Rawalpindi and the Chinese border will be completely reconstructed and overhauled.
• (2)The Karachi–Peshawar main railway line will also be upgraded to allow for train travel at up to 160 kilometers per hour by December 2019.
• (3) Pakistan's railway network will also be extended to eventually connect to China's Southern Xinjiang Railway in Kashgar.
• (4) A network of pipelines to transport liquefied natural gas and oil will also be laid as part of the project, including a $2.5 billion pipeline between Gwadar and Nawabshah to transport gas from Iran.
• (5) Oil from the Middle East could be offloaded at Gwadar and transported to China through the corridor, cutting the current 12,000 km journey to 2,395 km.
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