Evaluating the Influence of China Pakistan Economic Corridor on Pakistan's Construction Industry: Opportunities and Challenges

Mannan Saif, Dong Meixia and Tayyaba Saleem

MPRA Paper from University Library of Munich, Germany

Abstract: The China-Pakistan Economic Corridor (CPEC) is a flagship project of the Belt and Road Initiative (BRI), aimed at connecting western China to the port of Gwadar in southwest Pakistan through an extensive network of infrastructure, trade, and investment linkages. The construction of CPEC in Pakistan has significant implications for the country's construction industry, which plays a vital role in economic growth, employment, and development. This research paper employs a mixed-methods approach, including a literature review, surveys of 100 construction firms in Pakistan, and in-depth interviews with government officials, industry experts, and environmental NGOs, to examine the impact of CPEC construction on Pakistan's construction industry. The main objective of the research is to identify potential opportunities and obstacles for transnational operation management of firms within the BRI environment. The findings of this study provide valuable insights for businesses and decision-makers aiming to maximize the benefits of CPEC development while mitigating potential negative repercussions.

Keywords: Belt and Road Initiative; CPEC (China-Pakistan Economic Corridor); Construction industry; Transnational operation management; Sustainability; Environmental impact; Economic impact; Investment; Technology transfer; Infrastructure development; Stakeholder engagement; Governance; Capacity building; Innovation (search for similar items in EconPapers)
JEL-codes: L7 L74 (search for similar items in EconPapers)
Date: 2023-06-08
New Economics Papers: this item is included in nep-env
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