CHINA PAKISTAN ECONOMIC CORRIDOR

CPEC

SUBMITTED TO: MA’AM FASEEHA BATOOL

SUBMITTED BY:

M.EHSAN KHALIL

what is CPEC ?

The Abbreviation of ‘CPEC’ is

“CHINA PAKISTAN ECONOMIC CORRIDOR”As the Name implies that it is a Project between two PAKISTAN and CHINA

ECONOMIC means that concerned with condition of a region or group as regards material prosperity.

CORRIDOR means a belt of land linking two other areas or following a road or river

INTRODUCTION OF CPEC Pakistan is located at a region which is strategically important for

world trade. It provides the shortest link to China for Middle Eastern and

European countries. China relies heavily on Middle Eastern nations to fulfil its energy

requirements. It has planned to invest $46 billion for CPEC. This is one of the big investments China has ever done in a

foreign country. The current trade route from China to Europe and Middle Eastern

countries is expensive, long and unsafe.

INTRODUCTION OF CPEC Major projects under CPEC are:

Gawadar Port, Upgrading of Karachi to Peshawar main line Khunjerab Railway Karachi-Lahore Motorway (KLM) Hazara Motorway Iran-Pakistan gas pipeline Economic corridor support force Upgrading of Gawadar international Airport. Jhimpir wind Power Project. Havelian Dry Port.

QUESTIONS . . ???

Is there any positive or negative impact on imports and exports in term of shipping costs and delivery/transit time ?

Which route is efficient in terms of shipping costs and delivery/transit time ?

OVERVIEW OF CPEC This topic preliminary revolves around the importance of delivery

time and cost of transportation in logistics. It includes the activities of order processing, warehousing, and

transportation. The first part is transport, for example, vehicle either its truck,

van, rail, ships, airplane. The second most important part is infrastructure on which

transport runs smoothly, for example, roads, highways, sea ways, air ways.

OBJECTIVES OF CPECRegarding PAKISTAN Better Economy Power Employment Control over Indian ocean Development of Western and Southern parts of Pakistan Development of infrastructure along Pakistan Influencing International Market

OBJECTIVES OF CPEC Regarding CHINA Shortened the Route Route is Safe The investment of present time would be beneficial in Future a lot Development of western China China is interested to extend the Iran Pakistan pipeline to its

western territory

QUESTIONS . . ??

Is China is just thinking about his Benefits?

Is PAKISTAN is just thinking about his Benefits?

Which Country would get more benefits?

Would other Countries come on that Platform ?

Like India ,Russia And Others

PROBLEMS OF CPEC FTA leads to threat for local markets and local manufacturers Disturb of local industries Difficult to compete chine’s product in market Dependent to China Other Countries like India would put a great hurdles in CPEC

SUGGESTIONS OR RECOMMENDATIONS

Pakistan should create stability In its terrority to implementation on that plan

To make positive balance of trade Pakistan should increase exports

I. Agriculture products II. Textile products III. Leather Pakistan should develop the training centers and Chinese

language centers in order to make effective communications

SUGGESTIONS OR RECOMMENDATIONS

Maintain favourable balance of trade Precious stone Sports goods Textiles products

Restriction on that commodities which is harmful for our industries.

Companies should choose the new CPEC route because it is cost efficient in terms of shipping cost and transit time.

QUESTIONS . . ??

Would you in favor of CPEC ?

If You are in Favor of CPEC than explain why ?

Would it be more beneficial to CHINA or PAKISTAN?

If Your answer would be CHINA than brief Why?

If Your answer would be PAKISTAN than brief Why?

CONCLUSION

Natural Gateway for China Positive response by both countries through mutual cooperation Both countries are keen to enhance trade activities Infrastructural improvement and Development of Dams Stability of economy by investment in different sectors

It has directly benefits to CHINA but indirectly to PAKISTAN

Questions . . ??

Would all information that you have provided in the slides matches to your conclusion ?

Would all other people agree with your conclusion ? Had you clearly communicate your audience about your topic ? Had you provided sufficient background information to your

Audience ?

REFERENCES

Atlas media OEC, 2013 ”The observatiory of economic Complexicty” Macro connections.http://atlas.media.mit.edu/en/profile/country/chn/(Accessed15 March,2016)

AW Logistics, 2016 Ghufran Khan, Local transporter Karachi, Suite no 332, 3rd Floor, AL Rahman Trade Centre, New Challi, Shahrah-e-Liaquat, Karachi, Pakistan. http://awlpak.com.

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