{"id":7432,"date":"2024-08-30T05:52:57","date_gmt":"2024-08-30T05:52:57","guid":{"rendered":"https:\/\/gsrra.com\/?p=7432"},"modified":"2025-09-23T19:23:42","modified_gmt":"2025-09-23T19:23:42","slug":"cpec-2-0-govt-to-start-work-on-five-new-economic-corridors","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=7432","title":{"rendered":"CPEC 2.0: Govt to start work on five new economic corridors"},"content":{"rendered":"\n<p>Pakistan finished 50 projects worth $25b and secured $65b more for future infrastructure development<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i.tribune.com.pk\/media\/images\/CPEC1724195155-4\/CPEC1724195155-4.jpg\" alt=\"tribune\" title=\"tribune\"\/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Pakistan and China will start work on five new economic corridors with the backing of the Special Investment Facilitation Council (SIFC), a joint civil-military body established by Pakistan last year to attract foreign investment, as reported by Radio Pakistan on Wednesday.<\/p>\n\n\n\n<p>This initiative marks the beginning of the second phase of the China-Pakistan Economic Corridor (CPEC), a central component of China&#8217;s Belt and Road Initiative. Pakistan has reported completing over 50 CPEC projects valued at $25 billion, with an additional $65 billion pledged for further infrastructure development in the country.<\/p>\n\n\n\n<p>The new economic corridors are set to include the Innovation Corridor, Livelihood Corridor, Green Energy Corridor, Regional Development Corridor, and Employment Creation Corridor, according to the report.<\/p>\n\n\n\n<p>However, these projects have faced challenges, particularly from militants in Balochistan, where China is developing the Gwadar deep-sea port and managing a gold and copper mine.<\/p>\n\n\n\n<p>On Tuesday, Prime Minister Shehbaz Sharif indicated that recent attacks by separatist militants in Balochistan, which resulted in over 50 deaths, were aimed at disrupting CPEC development efforts in the province.<\/p>\n\n\n\n<p>Beijing has previously expressed concerns about the safety of its nationals involved in projects in Pakistan, especially in Balochistan.<\/p>\n\n\n\n<p>In March, six Chinese engineers working on a dam project in northwest Pakistan were killed, and Balochistan\u2019s Gwadar port, operated by China, has also been targeted.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/tribune.com.pk\/story\/2491785\/cpec-20-govt-to-start-work-on-five-new-economic-corridors\" target=\"_blank\" rel=\"noopener\">https:\/\/tribune.com.pk\/story\/2491785\/cpec-20-govt-to-start-work-on-five-new-economic-corridors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan finished 50 projects worth $25b and secured $65b more for future infrastructure development Pakistan and China will start work on five new economic corridors with the backing of the Special Investment Facilitation Council (SIFC), a joint civil-military body established by Pakistan last year to attract foreign investment, as reported by Radio Pakistan on Wednesday. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[281,3093,282,29,2836,3096,3092,132,3095,3019,36,529,60],"class_list":["post-7432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-cpec","tag-2nd-phase-of-cpec","tag-bri","tag-china","tag-cooperation","tag-corridors","tag-cpec-2-0","tag-economy","tag-indusrialization","tag-infrastructure","tag-pakistan","tag-developments","tag-geopolitics"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7432"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7432\/revisions"}],"predecessor-version":[{"id":7434,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/7432\/revisions\/7434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/7433"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}