Examining the Impact of Pakistan-China Energy Collaborations on Poverty Reduction in Pakistan

Abstract

The China–Pakistan Economic Corridor (CPEC) is a pivotal bilateral initiative aimed at alleviating poverty in Pakistan by enhancing its energy infrastructure. This project focuses on developing crucial energy resources through the construction of power plants and the expansion of transmission networks, ensuring stable, affordable, and sustainable energy supply nationwide. This paper investigates CPEC's role in diversifying Pakistan's energy mix, integrating both conventional and renewable sources such as hydroelectric, coal, solar, wind, and nuclear power. This diversification aims to decrease Pakistan’s dependence on costly energy imports from the Gulf States, thereby improving energy security and promoting economic independence, essential for regional poverty alleviation. Utilizing qualitative research methodologies, this study examines the extensive social and economic impacts of these energy developments. By synthesizing various secondary data sources and applying thematic analysis, the research evaluates how enhanced energy security through CPEC can drive socio-economic progress and reduce poverty in Pakistan. The study offers valuable insights into energy geopolitics and economic development strategies, underscoring the significance of international energy partnerships like CPEC in transforming energy infrastructures and fostering economic growth in developing nations. Through detailed analysis, the paper highlights CPEC as a critical economic lifeline, essential for boosting Pakistan's energy self-sufficiency and accelerating economic growth. Consequently, CPEC emerges as a vital element in the broader strategy for poverty mitigation in Pakistan, emphasizing its importance in sustainable development and international economic cooperation.