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China and Pakistan already conduct trade via the Karakoram Highway. The CPEC projects involve reconstruction and upgrades to National Highway 35 (N-35), which forms the Pakistani section of the Karakoram Highway (KKH). The KKH spans the 887 kilometers between the China-Pakistan border and the town of Burhan, near Hasan Abdal.
The 1,320 megawatt Port Qasim Power Project comprises two 660 megawatt supercritical coal power plants, one of which was inaugurated in December 2016 as part of the China–Pakistan Economic Corridor. [1] The $2.09 billion project is located on 330.7 acres at Port Qasim, 37 kilometers east of Karachi in Sindh Province.
The Gwadar Port (Urdu: گوادر بندرگاہ [ˈɡwaːdəɾ ˈbəndəɾɡaː]) is situated on the Arabian Sea at Gwadar in Balochistan province of Pakistan and is under the administrative control of the Maritime Secretary of Pakistan and operational control of the China Overseas Port Holding Company. [2]
For both Pakistan and China, the Gwadar port as part of the much-wide China Pakistan Economic Corridor offers a number of key benefits. For the Pakistani government, the Gwadar port is seen as having the potential of hedging against a potential Indian blockade of the port of Karachi , which currently handles 90% of Pakistani seaborne trade.
The Port of Sonmiani, in Las Bela District, currently consists of a fish harbour at the town of Damb, about 4 km (2.5 mi) northwest of Sonmiani as well as a coast guard jetty for the Pakistan Maritime Security Agency, a kilometre to the north of the fish harbour. In March 2007 the federal government announced a proposal to build a major new ...
Trade between China and Pakistan hit a 12-month figure of $12 billion for the first time in 2012. [114] 2013 – On 5 July 2013, Pakistan and China approved the Pak-China Economic Corridor which will link Pakistan's Gwadar Port on the Arabian Sea and Kashgar in Xinjiang in northwest China.
The China–Pakistan Axis: Asia's New Geopolitics is a book written in 2015 by the British author Andrew Small that explores the cultural and political relationship between China and Pakistan, with China being described as Pakistan's greatest economic hope and trusted military partner.
China is constructing the China-Pakistan Economic Corridor (CPEC) in Azad Kashmir which is an area claimed by India. India also claims the nearby Trans-Karakoram Tract (Shaksgam Valley) ceded to China by Pakistan. Pakistan and China have also built the strategic Karakoram Highway, which connects Pakistan-held India-claimed Gilgit to Xinjiang. [15]