Since its formal launch back in 2015, the China-Pakistan Economic Corridor (CPEC) has achieved many landmarks for the country.

The multibillion-dollar project has so far seen over two dozen projects completed at a cost of $19 billion, and envisages completing over 60 others by the close of the ongoing decade, with a mammoth investment of $35 billion, according to a report available with WealthPK.

A $7.7 billion investment is going to be made in 27 projects set to completed by 2025, while a larger investment of $27.5 billion will be made in another 36 projects to be completed when the ongoing decade ends.

The report revealed that 11 completed energy sector projects attracted an investment of $12 billion, while an investment of $6 billion is to be made in another four, which are in the implementation stage and expected to be completed by 2025. An investment of $7.4 billion is likely to be made in seven more projects, whose completion period is set for 2030.

In the infrastructure sector, CPEC has helped Pakistan complete seven projects at cost of $6.7 billion; six projects costing $900 million would be completed in 2025 and 12 projects worth $10.4 billion by 2030.

In Gwadar, three projects worth $200 million have been completed; two projects costing $230 million are to be completed in 2025 and others with $150 million investment will be completed by 2030.

The report said that a total of nine Special Economic Zones (SEZs) would be built under CPEC by 2030. It said four SEZs were likely to be completed by 2025, attracting $500 million investment.

In the social sector, six projects worth $10 million have been completed; 11 others costing $90 million will be completed by 2025 and 10 at $900 million by 2030.

The report also highlighted that agriculture, science and technology and Information Technology had also been added to the CPEC portfolio.

Credit : Independent News Pakistan-WealthPk