Phases
Objective
The primary objective of the China-Pakistan Economic Corridor (CPEC) is to enhance economic cooperation and connectivity between China and Pakistan, primarily through infrastructure development, energy projects, and industrial collaboration. It aims to modernize Pakistan's infrastructure, particularly its transportation systems, and facilitate trade and investment flow Description
The China-Pakistan Economic Corridor (CPEC) is a large-scale infrastructure project and a framework for regional connectivity between China and Pakistan. It's a key part of China's "One Belt, One Road" initiative, aimed at boosting trade and investment, and improving infrastructure within Pakistan. CPEC also benefits other countries in the region, including Central Asia, the Middle East, and even parts of Afric