China Pakistan Economic Corridor

Chine Pakistan Economic Corridor (Gwadar)

CPEC PROJECT FOCUS SUMMARY

  • Gwadar: New and redeveloped sea port, airport, hospitals, schools and communities
  • Energy production projects including coal, wind, hydro power and solar power
  • Improved roads & highways, railways and aviation connectivity
  • Special Economic Zones (SEZs) and industrial parks

The China-Pakistan Economic Corridor project is the bridge of regional interconnection designed to benefit not just the host countries but also the neighboring ones of Iran, Afghanistan, India, and Central Asia, along with being a profitable journey towards economic regionalization.

The importance of CPEC lies in the improvement of bilateral ties as well as ambitious planning and investment in a number of sectors, from health, agriculture, and tourism, to finance, communications and human resource.

Under the pact, a number of infrastructural projects are being constructed and special economic zones established, not to mention the introduction of augmented power generation capacity and a vast network of railways and highways intended to connect Gwadar and Karachi with the Xinjiang region in China.


TIMELINE OF CPEC KEY MOMENTS
:

April 2015
Pakistan and China signed an agreement to commence work on the $46 billion of development projects. CPEC is announced as “an economic and development project for the benefit of the people of the region”.

September 2015
Completed projects include a bypass consisting of two large bridges and five kilometres worth of tunnels.

November 2016
On 13 November 2016, CPEC became partly operational when Chinese cargo was transported overland to Gwadar Port for onward maritime shipment to Africa and West Asia.

March 2017
An agreement is settled to build $1.5 bn oil refinery, irrigation projects, a $2 billion motorway spanning from Chitral to DI Khan.

July 2017
$1.8 billion Sahiwal Coal Power Project became fully operational.

September 2017
More than $14 billion worth of CPEC projects were under construction.

March 2018
Pakistan kick started many energy projects while focus switched more to hydropower CPEC projects.

October 2018
Saudi Arabia enters partnership within CPEC countries to help finance three road infrastructure and energy projects. Three agreements worth $16.1 million is divided to fund health and education projects.

By 2030
CPEC is fully completed, bringing peace and prosperity to two nations while promoting spectacular economic growth within Central Asia and South Asia.

Security

Our main priority is to create an environment where people are resilient

Location

Kings Park Gwadar is located at the heart of Gwadar at "Zero Point".

Facilities

Gwadar is a land of opportunities and the upcoming social hub of many businesses.

Ownership

Kings Park Gwadar gives you 100% ownership of your land.

Validation

Kings Park Gwadar is approved by GDA under category "A NOC"

Construction

Kings Park Gwadar wants to provide the best services and for that it works on the

Kings Park Gwadar

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