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  1. The CPEC project envisages major upgrades and overhauls to Pakistan's transportation infrastructure. Under the CPEC project, China has announced financing for $10.63 billion worth of transportation infrastructure so far; $6.1 billion have been allocated for constructing "Early Harvest" roadway projects at an interest rate of 1.6 percent.

  2. en.wikipedia.org › wiki › Gwadar_PortGwadar Port - Wikipedia

    • Location
    • Background
    • Construction
    • Expansion Under CPEC
    • Gwadar Special Economic Zone
    • Operations
    • Geopolitical Impact
    • Future Environmental Impact
    • Numismatics
    • See Also

    Gwadar Port is situated on the shores of the Arabian Sea in the city of Gwadar, located in the Pakistani province of Balochistan. The port is located 533 km from Pakistan's largest city, Karachi, and is approximately 120 km from the Iranian border. It is located 380 km (240 mi) away from Oman, and near key oil shipping lanes from the Persian Gulf. ...

    Pakistan identified Gwadar as a port site as far back as 1954 when Gwadar was still under Omani rule. Pakistan's interest in Gwadar started when, in 1954, it engaged the United States Geological Survey (USGS) to conduct a survey of its coastline. The USGS deputed the surveyor, Worth Condrick, for the survey, who identified Gwadar as a suitable site...

    Gwadar Port is being developed in two phases: Phase I covered building of three multipurpose berths and related port infrastructure and port handling equipment, and was completed in December 2006, but inaugurated on 20 March 2007.

    Under the China-Pakistan Economic Corridor plan, the state-owned China Overseas Port Holding Company (COPHC) will expand Gwadar Port with construction of nine new multipurpose berths on 3.2 kilometres of seafront to the east of the existing multipurpose berths.COPHC will also build cargo terminals in the 12 kilometres of land to the north and north...

    The expanded port will be located near a 2,282-acre free trade area in Gwadar which is being modelled on the lines of the Special Economic Zones of China. The 2000 acre of land was leased to Chinese Company in November 2015 for the construction of Gwadar Economic Zone., while construction of the project began on 20 June 2016. The special economic z...

    Gwadar Port is owned by the government-owned Gwadar Port Authority and operated by China Overseas Port Holding Company (COPHC), a state-run Chinese firm. Prior to COPHC, the port was operated by the Port of Singapore Authority.

    Gwadar Port as a means to circumvent the Straits of Malacca

    The Straits of Malacca provide China with its shortest maritime access to Europe, Africa, and the Middle East. Approximately 80% of its Middle Eastern and African energy imports also pass through the Straits of Malacca. As the world's biggest oil importer, energy security is a key concern for China while current sea routes used to import Middle Eastern and African oil are frequently patrolled by the United States Navy. The sea-route via the Straits of Malacca is roughly 12,000 kilometres (7,5...

    Improved access to western China

    Planned investments in Gwadar Port as part of CPEC will improve connectivity to the restive Xinjiang Uyghur Autonomous Region, thereby increasing the region's potential to attract public and private investment. The CPEC is considered central to China–Pakistan relations; its central importance is reflected by China's inclusion of the project as part of its 13th five-year development plan. The Gwadar Port project will also complement China's Western Development plan, which includes not only Xin...

    A new transit hub for the Central Asian Republics

    Upon completion of CPEC-related infrastructure projects, transit times between Kashgar, China and Pakistan's Gwadar Port will be greatly reduced. This will in turn will also reduce transit times to the Kyrgyzstan and hydrocarbon-rich Kazakhstan through already existing overland routes. The Chinese government has already upgraded the road linking Kashgar to Osh, Kyrgyzstan via the Kyrgyz town of Erkeshtam while a railway between Ürümqi, China and Almaty, Kazakhstan has also been completed as p...

    Some have expressed concerns on the future of the environment of the region in light of the Gwadar port's expansion. A report of the LEAD Fellows' Study Group on the Oil Spill (SGOS) alleges that a port expansion would lead to future damage on the maritime environment such as oil spills and other human industrial waste pouring into the sea, also al...

    Gwadar Port was featured on the back of the five Pakistani Rupee currency note, which is no longer in circulation.[citation needed]

  3. China–Pakistan Economic Corridor is a collection of many infrastructure projects that are under construction throughout Pakistan since 2013. Originally valued of these economic corridor at $47...

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  4. CPEC 2017 | A Short Documentary About CPEC 2017 | China Pakistan Economic Corridor | Urdu

  5. پاک چین اقتصادی راہداری (CPEC): ایک بہت بڑا تجارتی منصوبہ ہے، جس کا مقصد جنوب مغربی پاکستان سے چین کے شمال مغربی خود مختار علاقے سنکیانگ تک گوادر بندرگاہ، ریلوے اور موٹروے کے ذریعے تیل اور گیس کی ...

  6. Framework Agreement on ML-1 signed on 15th May 2017 during PM Visit to China. Commercial Contract for Preliminary Design signed on 15th May 2017. Project will be completed in 3 packages. PC-1 approved by ECNEC on 5th August 2020. Both countries constituted Financing Committee to finalize the concessional financing agreement. view details: 13

  7. May 13, 2022 · Joint Statement between the People’s Republic of China and the Islamic Republic of Pakistan. H.E. Mr. Imran Khan, Prime Minister of the Islamic Republic of Pakistan visited Beijing at the invitation of the Chinese leadership from 3 to 6 February 2022 to attend the opening ceremony of the Winter Olympic Games 2022. During the visit, the Prime ...

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