CPEC -A Game and Fate Changer Massive Project- Reviewing the Significance and Threats from the Perspective of Pakistan
Author(s)
Download Full PDF Pages: 20-25 | Views: 522 | Downloads: 170 | DOI: 10.5281/zenodo.5036426
Abstract
CPEC is engineered to master mega-regional Project, which will generate colossal economic activity and open vistas of opportunity, particularly for developing countries. CPEC is expected to electrify Pakistan's economy and generate industrial Infrastructure of manufacturing and construction industries. The security situation of Pakistan in the recent past, internal sabotage actors, and international/regional powers remain an indication of their variance towards CPEC. Disagreement on the selection of routes and economic zones inside Pakistan by the provinces was also a significant concern for developing the Project enforced by those variant factors. A careful analysis of the prevailing environment suggests three-pronged threats to CPEC, including security, political, and economical. The Pakistani media and Government called the CPEC's massive investments a "game and fate changer" for the region. China's liberal investment surpasses all foreign investments in Pakistan in the past based on trust, confidence, and convergence of interests. In this paper, we analyze the nature of existential threats and challenges to the development and operationalization of CPEC in Pakistan and measures to improve the security domain
Keywords
China-Pakistan Economic Corridor (CEPC), Massive Investments, Threats, Security Challenges, Regional development.
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