A Review of China- Pakistan Economic Corridor and Tourism Opportunities

DOI

10.2991/febm-18.2018.18How to use a DOI?

Keywords

China-Pakistan Economic Corridor; Infrastructure development; Tourism industry; Tourist attractions; Economic growth introduction

Abstract

One Belt One Road is China initiative, its aims to create the world’s largest platform for economic cooperation, including policy coordination, trade and financing collaboration, and social and cultural cooperation. OBOR is a modern equivalent, creating a network of railways, roads, pipelines, and utility grids that would link China and Central Asia, West Asia, and parts of South Asia. China–Pakistan Economic Corridor (CPEC) is a part of Belt and Road initiative, nearly 2,000-mile trade route that links China's Xinjiang province with Gwadar in Pakistan's Balochistan province, and is expected to boost trade through a network of highways, railways and improved infrastructure. CPEC is a beneficial opening for the tourism industry of Pakistan. CPEC is expected to be lucrative for tourism and travel in Pakistan. Improved roads, power infrastructure, and pipelines will make the pristine tourist spots accessible. CPEC will change Pakistan and the region for the development because it is a noteworthy transformative initiative in recent history and is an engine of shared dreams, common prosperity and win-win cooperation among countries. CPEC will change Pakistan's business and economic setting through infrastructure and transportation development, establishing special economic zones, promoting tourism, increasing trade and commerce. Being an ongoing project, with its soft and smooth accomplishment the people from both the countries are expected to gain substantial benefits through China Pakistan Economic Corridor.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Faiza Manzoor
AU  - Longbao Wei
PY  - 2018/12
DA  - 2018/12
TI  - A Review of China- Pakistan Economic Corridor and Tourism Opportunities
BT  - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
PB  - Atlantis Press
SP  - 79
EP  - 82
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-18.2018.18
DO  - 10.2991/febm-18.2018.18
ID  - Manzoor2018/12
ER  -