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China Pakistan Economic Corridor (CPEC) projects in the less-developed Balochistan province are being completed at a competitive pace with other provinces.

Atika Ali by Atika Ali
October 23, 2020
in CPEC
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China Pakistan Economic Corridor (CPEC) projects in the less-developed Balochistan province are being completed at a competitive pace with other provinces.
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Balochistan is more important as far as CPEC is concerned. China has always supported quick completion of CPEC projects in Balochistan.

Iron Brother China had especially taken keen interest to improve life in the underdeveloped areas of Pakistan.

“CPEC has definitely changed the life of people in so many areas of Pakistan. Once completed, CPEC will bring a revolution. The underdeveloped areas will no more be the same. They will be prosperous due to CPEC.

Balochistan is already enjoying fruits of the CPEC. We believe CPEC would benefit Balochistan more than any other province. There are jobs and there is activity.”

The provinces are in the process of completing projects as Punjab and Sindh approach completion rates of 50 percent.

Behind Punjab and Sindh, Balochistan has fared satisfactorily with 24 percent of announced projects complete to date and announced funding levels above the national per capita average. Balochistan is also home to Gwadar Port, the CPEC’s anchor and the site of more than half of the province’s projects.

CPEC, a flagship of China’s Belt and Road Initiative (BRI) that was officially launched in April 2015, promised transformational gains. Of 122 announced projects, a quarter (32 projects) have already been completed, or roughly $ 20 billion of the estimated $ 87 billion in funding.

Since the CPEC’s official announcement in 2015, Chinese and Pakistani officials have declared it a success. “Good progress has been made in building the China-Pakistan Economic Corridor,” President Xi Jinping told Pakistan’s parliament during his visit in April 2015.

Tags: BalochistanChina Pakistan Economic CorridorCpec
Atika Ali

Atika Ali

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