Impact of China Pakistan Economic Corridor on Economic Development of Balochistan: A Descriptive Study
Khuram Shahzad and
Ehsan Ahmed
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Khuram Shahzad: University of Balochistan
Ehsan Ahmed: University of Balochistan
Journal of Economic Sciences, 2024, vol. 3, issue 1, 57-68
Abstract:
The China-Pakistan Economic Corridor study aims to connect Gwadar's deep seaport in Balochistan province with Kashgar in northwest China. It serves as a gateway linking Europe to Africa when fully operational. The project seeks to provide a comprehensive financial overview of the corridor project and examine investment flows, especially on Gwadar¡¯s development potential. The research aims to assess the corridor¡¯s impact on the province¡¯s economic conditions using quantitative methods involving primary and secondary data analysis for descriptive purposes. The study concludes that while indicators such as HDI, FDI, and FPI have shown improvement over recent years, there is still limited awareness among the general public about CPEC's current impact on provincial economic development, leading to dissatisfaction amongst native people.
Keywords: CPEC; Balochistan; Quantitative; FDI; HDI (search for similar items in EconPapers)
JEL-codes: O11 O15 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:azm:journl:v:3:y:2024:i:1:p:57-68
DOI: 10.55603/jes.v3i1.a4
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