The investment has helped Islamabad improve debilitating national transportation and power sectors and build trade routes connecting landlocked western China to the strategically located Pakistani deep-water Gwadar port on the Arabian Sea. Pakistanis hoped that this new development program will bring change and turn the country into a regional hub.
The China-Pakistan Economic Corridor (CPEC), a multi-billion dollar project was introduced in 2013 and quickly dubbed the flagship extension of the Belt and Road Initiative. Islamabad, July 7 (ANI): The growing terrorist risk to Chinese citizens residing in Pakistan and differences over debt repayments have hindered the progress in the Belt and Road Initiative's projects of Islamabad and Beijing, Voice of America (VOA) reported citing officials and critics.
