CPEC! Key to regional stability

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Finally after several years foreign countries developed their trust in Pakistan and bought up foreign investment, which is clear evidence that operation ZarbeAzb has broken the back of terrorism in Pakistan and there is no hideouts left for the terrorists in Pakistan. Pakistan’s Army’s efforts to eliminate terrorism have resulted in a major contribution to Pakistan’s economy in the form on CPEC. Chinese President paid a visit to Pakistan which bought heavy investment in Pakistan which will not only benefit Pakistan, but it will also have a positive impact on the entire region. Xi Jinping have said that there money is safe in Pakistan and they are ready to make heavy investments in Pakistan. Investment include the Thar project from where a huge amount of electricity can be generated at half cost which will most likely to boost the economy of our country. Moreover setting up industry to generate power plant will solve the problem of unemployment as a lot of the workers will be paid amount for working in the industry. The China-Pakistan Economic Corridor is an under-construction development program to connect Gwadar Port in southern Pakistan to China’s northwestern autonomous region of Xinjiang via highways, railways and pipelines to transport oil and gas.

Chinese Premier Li Keqiang was among the first advocates of the project; since then Chinese President Xi Jinping. When the corridor is constructed it will serve as a primary gateway for trade between China and the Middle East and Africa. In particular oil from the Middle East could be offloaded at Gwadar, which is located just outside the mouth of the Persian Gulf, and transported to China through the Balochistan province in Pakistan. Such a link would vastly cut the 12,000-kilometre route that Mideast oil supplies must now take to reach Chinese ports. Documents show that China has promised to invest around $33.8 billion in various energy projects and $11.8 billion in infrastructure projects which will be completed by 2017 at most. The deal includes $622 million for Gwadar port. Under the CPEC agreement, $15.5 billion worth of coal, wind, solar and hydro energy projects will add 10,400 megawatts of energy to the national grid of Pakistan.

The project will solve the other problems as well such as unemployment, which is a major problem in the current era. Foreign engineers will work along the local engineers which will give our local engineers a chance to learn advanced methods and will directly benefit the whole region! India is trying his level best to become a hurdle in the way of CPEC but our entire leadership has ensured that no matter what happens the project will end to successful conclusion.

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