GWADAR (Dunya News) – The first Chinese trade convoy of 75 containers carrying export goods has arrived at Gwadar Port on Friday through the western route of China Pakistan Economic Corridor (CPEC).
CPEC: First trade activity on China Pakistan Economic Corridor route from China to Balochistan. pic.twitter.com/dH7wWVZUpb— TheInt lSpectatorPK® (@KhanAsid_Speaks) November 11, 2016
At the same time, a pilot activity ship has also docked at Gwadar Port to carry Chinese and Pakistani goods to Africa and Middle East.
The China-Pakistan Economic Corridor (CPEC) is a $46 billion network of roads, railways and energy pipelines linking western China to a deep-water port on Pakistan s Arabian Sea coast, which passes through Pakistan s troubled Balochistan province.
This project will not only benefit China and Pakistan but will have positive impact on Iran, Afghanistan, India, Central Asian Republic, and the region.
About $4.5 billion of the planned investment in the corridor will go towards road infrastructure, with two-thirds of the total $46 billion investment funnelled towards energy projects.