As Pakistan navigates changing power equations in the world, and the crisis in Kashmir, the China Pakistan Economic Corridor (CPEC) stands out as the one possible silver lining for Pakistan. However, while CPEC is still one of the largest bilateral investment projects underway anywhere in the world, today its momentum in Pakistan is being regularly questioned. The scale of the promise is so large that it invites anxiety as well as awe in its sweep. With early harvest projects worth 18.9 billion dollars already underway in Pakistan in its first leg, the planning by Islamabad should bring much higher infows than timelined right now. Yet it simultaneously tests the Pakistan government’s capacity to use the opportunity to its advantage.
Source: https://www.dawn.com/news/1502790
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As Pakistan navigates changing power equations in the world, and the crisis in Kashmir, the China Pakistan Economic Corridor (CPEC) stands out as the one possible silver lining for Pakistan. However, while CPEC is still one of the largest bilateral investment projects underway anywhere in the world, today its momentum in Pakistan is being regularly questioned. The scale of the promise is so large that it invites anxiety as well as awe in its sweep. With early harvest projects worth 18.9 billion dollars already underway in Pakistan in its first leg, the planning by Islamabad should bring much higher infows than timelined right now. Yet it simultaneously tests the Pakistan government’s capacity to use the opportunity to its advantage. Source: https://www.dawn.com/news/1502790
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