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Research Article

EEO. 2021; 20(2): 875-885


CPEC: A promise or a peril

Nadia Nasir, Ch. Abdul Rehman, Humaira Qudsia Yousaf, Sobia Nasir.

Abstract
The China Pakistan Economic Corridor (CPEC), a mega project and an economic booster for the economy of Pakistan which will the large investment in the form of infrastructure development by China. The magnificent slogan regarding CPEC provokes high expectations for the scholars and researchers to highlight their concerns about the hitherto governance and control related issues. The CPEC is associated with the national and international geopolitics and is undergoing numerous hazards with regard to its transparency and control to a path of sustainable development. A case study on CPEC project that compares the insights through the theoretical lens by enabling the assessments of the explanations offered against the main perspectives. This paper is an attempt to highlight the potential impact of CPEC on the self-assurance to deal with the wider consequences of governance. As governance seems to be the most serious issue for the successful fulfillment of all the strategies, policies, and targets associated with CPEC The study indicates that CPEC may become a development assertive project with the sound governace.Through asserting the proper restructuring and right blend of policy implications and taking on board the business community and widening the trading opportunities for the Asian countries.

Key words: Governance, China Pakistan Economic Corridor, Sustainable Development, Investments



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