part one

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The China–Pakistan Economic Corridor (Chinese: 中国-巴基斯坦经济走廊; Urdu: پاكستان-چین اقتصادی راہداری‎; also known by the acronym CPEC) is a collection of projects currently under construction at a cost of $54 billion that are typically regarded as a part of the People's Republic of China's ambitious One Belt, One Road initiative, and is part of Pakistan's Vision 2025.[1][2] Projects under the aegis of CPEC are intended to strengthen the Pakistani economy by the rapid overhaul and construction of major infrastructure projects, establishment of special economic zones, and an improved supply of electricity.[3] On 13 November 2016, CPEC was partially operationalized as Chinese cargo was transported to Gwadar Port for onward maritime shipment to Africa and West Asia.[4]

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⏰ Last updated: Feb 09, 2017 ⏰

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