PAK CHINA ECONOMIC CORRIDOR

PRESENTED BY:
TANWEER
RASHID ALI
WAHEED MURAD
AMANULLAH
SHERISH HASSAN

PAK CHINA ECONOMIC CORRIDOR

HISTORY OF PAK CHINA

RELATIONS

PakistanChina relations began in 1950

Strategic alliance was formed in 1972 and economic
co-operation began in 1979
China has invested $20 billion in various projects
Mega infrastructural projects in Pakistan
Gwadar Port, the Coastal-Highway linking Karachi

with Gwadar,
Karakoram Highway, the Chashma nuclear power plants, and a
number of hydro-power projects.

PAK CHINA ECONOMIC

CORRIDOR

PAK-CHINA ECONOMIC CORRIDOR

The kkh was started in 1959 and was completed in 1979 (open to the public since

1986 )
Length 1,300 km (Pakistan 887 km ) China 413 km
It connects China's Xinjiang region with Pakistan's GilgitBaltistan and Khyber

Pakhtunkhwa regions
Major cities Hasanabdal, Abbottabad, Thakot, Chilas, Gilgit, Aliabad, Sust,

Khunjerab Pass, Kashgar

The importance Karakoram Highway

Chinese companies
Tourism in Pakistan
Transportations

PAK CHINA ECONOMIC CORRIDOR

The KKH highly contribute economic activities of both countries

export and import

PAK CHINA ECONOMIC CORRIDOR

*Economic Gateway Gwadar

On 8 September 1958 prince Aga khan karim purchased the Gwadar enclave from Oman for $3
million, and gave it to Pakistan and it officially became part of Pakistan

Gwadar Port is located at the mouth of the Persian Gulf

Gwadar is a planned free trade port
Gwadar Port is a strategic developed jointly by the both countries

National Highway Authority (NHA) began construction of the 653 km-long Makran Coastal
Highway linking Gwadar with Karachi,

In

2004, Pakistan's NHA began construction of the 820-km long M8 motorway linking Gwadar
with Ratodero in Sindh province Turbat, Hoshab, Awaran and Khuzdar

In 2007

Civil Aviation Authority of Pakistan acquired 6,000 acres (17-24 km2) to construct a
new greenfield airport, at an estimated cost of Rs 7.5 billion.

GWADAR ECONOMIC
ZONE
GDA was established to promote industrial

activities in mega port city of Gwadar

China focused on the fast-track construction

of roads,
buildings

other

infrastructure

In

and

2013, Gwadar Port operations

officially handed over to China,

public

were

To connect china with Gwadar through railway

track has already

begun
PAK CHINA ECONOMIC CORRIDOR

Outflow of goods from western China and Central Asia through Gwadar

PAK CHINA ECONOMIC CORRIDOR

CURRENT PAK-CHINA ECONOMIC

CORRIDOR DEVELOPMENT
Gwadar-KhunjerabKashgar rail network

Gwadar-Khunjerab-Kashgar
rail network

connecting the
maximum number of
population through a
network of highways
and railways
six-lane motorway to be
built from Karachi to
Lahore. MoUs signed
PAK CHINA ECONOMIC CORRIDOR
with China

OBJECTIVE OF PAK-CHINA
ECONOMIC CORRIDOR
Increase

the volume of trade between

Pakistan and china

Take

full advantage of preferential

trade agreement(PTA) and free trade
agreement (FTA)

Increase

export to china, recently

export to china is $3.14 billion

PAK CHINA ECONOMIC CORRIDOR

OBJECTIVE OF PAK-CHINA
ECONOMIC CORRIDOR
Pakistan

and china are second largest

partners in south Asia, this will help to
retain partnership

Widen

Karakorum high way and open

new economic corridor from china to
Gwadar

Approximately

reduce 10000 km
distance and it is the shortest route
PAK CHINA ECONOMIC CORRIDOR

PAK CHINA ECONOMIC CORRIDOR

OBJECTIVE OF PAK-CHINA
ECONOMIC CORRIDOR
Expand

trade with Afghanistan and it

help both countries to play their role in
post-2014 Afghanistan

Expand

trade with Russia by providing

trade route till Gwadar port

Development

of infrastructure along

Pakistan

PAK CHINA ECONOMIC CORRIDOR

OBJECTIVE OF PAK-CHINA
ECONOMIC CORRIDOR
China

access to the Indian Ocean with

the aim of widening its geopolitical
influence and military presence in the
region

Job

opportunities and economic

development in Baluchistan

Increase

Chinese investment, Pakistani

investment in china will also be
encouraged
PAK CHINA ECONOMIC CORRIDOR

OBJECTIVE OF PAK-CHINA
ECONOMIC CORRIDOR
Regional

peace, prosperity and

elevate the life of poor people of south
Asia

Enhance

trade among Pakistan, China,

Gulf States, Central Asia and Africa

China

is interested to extend the IranPakistan pipeline to its western

territory
PAK CHINA ECONOMIC CORRIDOR

ADVANTAGES OF PAK-CHINA
ECONOMIC CORRIDOR
Can benefit new emerging regional cooperation
Save time, cost and freight charges
Facilitate trade, have Economic Zone en-route

and will allow reaping of full benefits of

development, economic and social uplift

ADVANTAGES OF PAK-CHINA
ECONOMIC CORRIDOR

Increase the economic collaboration

between both countries by connecting
western china to Gwadar
Regional stability in Asia as well as
whole world
Pakistan economy will Boost
PAK CHINA ECONOMIC CORRIDOR

ADVANTAGES OF PAK-CHINA
ECONOMIC CORRIDOR
Pakistan

can avail great opportunities from

chines expert in various sectors like
energy ,Technology and Education sector

Create

new employment opportunities

Pakistan

and china both collectively target the

half of the population of the world ,it will
provide great opportunity for both countries to
expend their market
PAK CHINA ECONOMIC
CORRIDOR

DISADVANTAGES:

FTA leads to threat for local markets and local

manufacturers

Disturb of local industries

Difficult to compete chines product in market

Increase the ratio of unemployment

Dependent to China
PAK CHINA ECONOMIC CORRIDOR

Huge difference between Balance of

payment Trade deficit

Trade Deficit

3.14

9.2

PAK CHINA ECONOMIC CORRIDOR

DISADVANTAGES:

PAK CHINA ECONOMIC CORRIDOR

Recommendation:

Pakistan should create stability In its terrority to

implementation on that plan

To make positive balance of trade Pakistan should

increase exports

Agriculture products

Textile products

Leather

PAK CHINA ECONOMIC CORRIDOR

 Maintain favorable balance of trade

RECOMMENDATION:
Restriction on that commodities which is harmful for our
industries
To make a frame work to use Domestic currency for trade (barter system)

Develop auto industries rather than focusing on import parts.

PAK CHINA ECONOMIC CORRIDOR

Recommendations

PAK CHINA ECONOMIC CORRIDOR

RECOMMENDATION:

PAK CHINA ECONOMIC CORRIDOR

Recommendations

Make efforts to diversify market in China

Security issues, law and order system are main

obstacles in the way of Pak-china economic
corridor

Pakistan should develop the training centers

and Chinese language centers in order to make
effective communications

PAK CHINA ECONOMIC CORRIDOR

CONCLUSION
Natural Gateway for China
Positive response by both countries
through mutual cooperation
Both countries are keen to enhance
trade activities

PAK CHINA ECONOMIC CORRIDOR

CONCLUSION:
Infrastructural improvement and Development
of Dams
Stability of economy by investment in different
sectors

our friendship is higher than the mountains,

deeper than the oceans, stronger than steel,
dearer than eyesight, sweeter than honey.
PAK CHINA ECONOMIC CORRIDOR

PAK CHINA ECONOMIC CORRIDOR