<P> China -- Pakistan Economic Corridor ( Chinese : 中国 - 巴基斯坦 经济 走廊 ; Urdu : پاكستان - چین اقتصادی راہداری ‬ ‎ ; also known by the acronym CPEC ) is a collection of infrastructure projects that are currently under construction throughout Pakistan . Originally valued at $46 billion , the value of CPEC projects is now inflated to $62 billion , although expected to rise to an unknown figure . CPEC is intended to open up a new trade route for China via Azad Kashmir , all the way to Gwadar in Arabian sea . CPEC , a new trade route is considered a game changer in the next 20 - 30 years . CPEC also promises rapidly modernize Pakistani infrastructure and would rapidly accelerate its economy , CPEC is supposed to modern transportation networks , and develop some special economic zones . On 13 November 2016 , CPEC became partly operational when Chinese cargo was transported overland to Gwadar Port for onward maritime shipment to Africa and West Asia . </P>
<P> China -- Pakistan Economic Corridor ( Chinese : 中国 - 巴基斯坦 经济 走廊 ; Urdu : پاكستان - چین اقتصادی راہداری ‬ ‎ ; also known by the acronym CPEC ) is a collection of infrastructure projects that are currently under construction throughout Pakistan . Originally valued at $46 billion , the value of CPEC projects is now inflated to $62 billion , although expected to rise to an unknown figure . CPEC is intended to open up a new trade route for China via Azad Kashmir , all the way to Gwadar in Arabian sea . CPEC , a new trade route is considered a game changer in the next 20 - 30 years . CPEC also promises rapidly modernize Pakistani infrastructure and would rapidly accelerate its economy , CPEC is supposed to modern transportation networks , and develop some special economic zones . On 13 November 2016 , CPEC became partly operational when Chinese cargo was transported overland to Gwadar Port for onward maritime shipment to Africa and West Asia . </P>
importance of pak - china economic corridor for pakistan
importance of pak - china economic corridor for pakistan
rapidly modernize Pakistani infrastructure and would rapidly accelerate its economy
rapidly modernize Pakistani infrastructure and would rapidly accelerate its economy