As per Ahsan Iqbal, former Interior Minister of
Nawaz government, the multibillions project China Pakistan Economic Corridor
(CPEC) will be completed by 2030. According to him all the construction and
development work under the project will be finished in three phases.
Challenges To CPEC
The three phases of CPEC includes the construction
of roads, economic zones, railway tracks and other physical infrastructure. To
better understand the project let us take a look at each phase individually.
Is CPEC Really A Game Changer?
Phase I: Phase one of the China Pakistan Economic Corridor
will be completed by 2020. During this period important work in energy sector
and physical infrastructure development will be done. Some prominent projects
completed during this stage include 1000 MW Quaid-e-Azam Solar Park
(Bahawalpur), Thar coal mining blocks and various other small energy
Critical Analysis Of CPEC
Main focus during CPEC First Phase would be on the
development of trade routes across the country and various energy generation
projects that would successfully quench the energy thirst of Pakistan.
Phase II: Expected date of the completion of CPEC Phase Two
is 2025. During CPEC Second Phase, Special Economic Zones (SEZs) and industrial
estates will be built over trade routes in Dhabeji, Faislabad, Rashakai,
Hattar, Keti Bander and Sheikhupura.
Analysis Of CPEC Second Phase
In CPEC Second Phase main focus would be on the
uplift of industrial development in the country as well as the boost of economy
of the country.
Phase III: Work on CPEC Phase Three will be started as soon as
Phase II comes to an end and will be completed by 2030. As by 2025 CPEC phase
of building basic infrastructure will come to an end, so it is believed that in
third phase of the project main focus will be concentrated on the development
of long term projects.
Some political analysts have divided the Fifteen
years long CPEC project into four stages. According to them the four phases of
CPEC project are;
Phase I – called Early Harvest completed by 2018
Phase II – called Short Term will be completed by
Phase III – called Medium Term will be completed by 2025
Phase IV – called Long Term will be completed by 2030