Abstract

As a symbol of Pak-China Friendship and the flagship project of One Belt One Road (OBOR), China-Pakistan Economic Corridor (CPEC) is building the future of Pakistan. Thus, the purpose of this study is to evaluate the current and future performance of CPEC. To achieve the said purpose, we used published data from the official website of CPEC. By using Corridor Performance Indicators (CPI) techniques presented by Kunaka, C., & Carruthers, R. (2014), we found that the current performance of CPEC is pretty well. Based on the facts, we are also hoping that the future economic performance of CPEC will also viable and sustainable. Therefore, we can conclude the discussion by saying that CPEC is no doubt the lifeline for the economy of Pakistan.

Highlights

  • AND MOTIVATIONHuman race has been using geographic locations since olden periods for its greater benefit

  • It is an understood fact that new approaches are needed to discover for effective use of geographic location for economic wellbeing and competitive growth [3]

  • For this study we use corridor performance indicators (CPI) techniques presented by Kunaka, C., & Carruthers, R. (2014) [15]

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Summary

BACKGROUND

Human race has been using geographic locations since olden periods for its greater benefit. Economic corridors tie economy forces (agents) beside a welldefined geographical location. They create a sort of association between economic centers, typically adjusted on metropolitan landscapes, where larger economic resources and forces are concerted. The core purpose of Belt and Road (B&R) initiative is to attain economic benefits, regional collaboration, strengthen connections, mutual trust and promote peace [9]. It can be seen as a global project, which pursues to assimilate the developmental policies of the associated countries into a multi-modal network [10]. That’s why, China declare Pakistan as Iron Brother (巴铁)

BRIEF INTRODUCTION AND SIGNIFICANCE
PERFORMANCE EVALUATION TOOLS AND DATA SOURCES:
LIMITATIONS AND POLICY
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