The CPEC is divided into the following five functional zones from north to south: Xinjiang foreign economic zone, northern border trade logistics and business corridor & ecological reserve, eastern and central plain economic zone, western logistics corridor business zone, and southern coastal logistics business zone.

CPEC Officials

CPEC Vision & Mission. To improve the lives of people of Pakistan and China by building an economic corridor promoting bilateral connectivity, construction, explore potential bilateral investment, economic and trade, logistics and people to people contact for regional connectivity.

37 zones

CPEC investment in transport infrastructure will boost the trade within Pakistan and increase trade and economic cooperation with China. Hence, efficient transport infrastructure in CPEC will reduce the internal transportation cost and time consequently achieving comparative advantage in international market [16].

CPEC is of great significance to the development of China-Pakistan all-weather strategic cooperative partnership and the building of the community of shared destiny between China and Pakistan. CPEC will provide new opportunities, new vision as well as new impetus to China-Pakistan relations.

PAKISTAN : VISION 2030. Pakistan in 2030 will be a middle income country with per capita income in 2005 constant US dollars of over 3000. The incidence of poverty will be around 10% and income gender and regional disparities will be lowered by at least one half of the current levels.

Improved access to western China In addition to its significance to reduce Chinese dependence on the Sea of Malacca and South China Sea routes, the port of Gwadar will provide China an alternative and shorter route for energy imports from the Middle East, thereby reducing shipping costs and transit times.

CPEC will significantly enhance China’s capacity to expand her economic and strategic relations with energy-rich Middle Eastern countries. CPEC will also allow China to connect the Arab countries to the Belt and Road network in Central Asia and Eurasia.

Even investors are indeed showing great interest in real estate opportunities in Gwadar due to the already high property prices in Gwadar and the belief that it will become a fully developed coastal city like Dubai in the coming decades.

The Sultan of Oman agreed to hand Gwadar over to Pakistan for Rs 5.5 Billion, which was mostly paid by Aga Khan IV.

Port of Karachi

Gwadar will help Pakistan to monitor the Sea Lines of Communications (SLOCs) originating from the Persian Gulf and the Strait of Hormuz. Gwadar will able to control the oil sea routes and trade links among regions such as South Asia, Africa, Central Asia, Gulf and Middle East.

When the Sultan subsequently regained Muscat, he was to continue his rule in Gwadar by appointing a Governor. On 8th September, 1958, Pakistan purchased the Gwadar enclave from Oman; Gwadar officially became part of Pakistan on the 8th of December, 1958.

Iran was the first country to recognize Pakistan after independence. After the 1979 Islamic Revolution of Iran, Pakistan was one of the first countries to recognize the new dispensation.

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