China Pakistan Economic Corridor; Gwadar Port

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CPEC;Centre of the World

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The China Pakistan Economic Corridor runs through one of the most important and central geo-strategic locations in South Asia. Gwadar is the largest and deepest sea port in this part of the world, also its natural layout and depth enables the largest tonnage ships to dock there, a characteristic which is absent in Dubai and Chahbahar ports. Projects encompassing the CPEC were worth $46 billion initially, this being the largest investment by China in a foreign country. The amount is equal to a fifth of Pakistan’s GDP and more than twice the total amount of direct foreign investment here since 2008. The plan is to use 35 to 38 billion US dollars on energy projects and the rest on development of infrastructure, according to a report placed on the website of China’s State Council Information Office. It specifies $11.6 billion allocated for the Khyber Pakhtunkhwa province, $11.5 billion in Sindh, $7.1 billion in Balochistan and $6.9 billion in Punjab. Gilgit Baltistan is the g...
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CPEC and the Regional Realignment

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CPEC and the Regional Re-alignment October 20, 2016   OPINION/NEWS By Sabena Siddiqi China and Pakistan started the China Pakistan Economic Corridor project in 2015, it is China’s largest investment in any foreign country to date and promises to be a game-changer for the entire region. The CPEC projects were initially worth $46 billion, now the worth has increased to more than $52.5 billion as China and the ADB agreed to lend $8bn to upgrade the main railway line from Karachi to Peshawar, more than half of the projects are an equity investment. These investments are more than twice the total amount of direct foreign investment here in Pakistan since 2008. The CPEC will generate an approximate 700,000 jobs in Pakistan and revenue worth billions of dollars for both countries, it would also provide Pakistan with a massive amount of essential infrastructure, energy investment and development. At completion, the Gwadar sea-port will handle 300 to 400 million tons of ca...
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Reconnecting Central Asia

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RECONNECTING CENTRAL ASIA Facebook   VK   Blogger   LiveJournal   Twitter   Google+   Email   Print   Share GEOPOLITICS 21.02.2017 Central Asia Sabena Siddiqi The Central Asian Republics have been historically connected to the world through the ancient Silk Road, situated at the crossroads of East Asia, West Asia, South Asia and Europe, their location is excellent for trade. The CARs states are literally a goldmine of energy reserves with Kazakhstan having 30 billion barrels of oil reserves while Turkmenistan’s natural gas is estimated at 265 trillion cubic feet, this wealth makes the region central in the battle for resources between world powers and portend to play an important role in determining global supremacy. The Central Asian Republics happen to be the nearest and most dependable source of energy supply via fastest trade routes for China’s burgeoning economic growth. Three of the Central Asia...
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