As an important pilot project of the Belt and Road Initiative and one of the main platforms for deepening bilateral cooperation, the China-Pakistan Economic Corridor has been bearing fruit. Located in Khyber Pakhtunkhwa, the 884-megawatt hydropower station is a major CPEC energy project, with construction in full swing. Launched in 2013, the CPEC is a corridor linking Gwadar port with Kashgar in northwest China’s Xinjiang region, which highlights energy, transport, and industrial cooperation. Islamabad plans to develop nine special economic zones across the country under the CPEC to promote its industrialization. Pakistan also pins high hope on the CPEC and Gwadar port, in particular, to transform itself into a regional trade hub.

Source: Pakistan Today May 20, 2021 09:56 UTC