Karachi The China-Pakistan Economic Corridor (CPEC), while a highly worthwhile and vital project, faces big challenges, some of these being paucity of funds and arduous connectivity. These views were expressed by Dr Azhar Ahmad, senior research fellow/adviser, Centre for International Strategic Studies, Islamabad. He was addressing the members of the
to Gwadar under the Karachi-Gwadar Trade Corridor (KGTC), the senior research fellow said Gwadar being at the tip of the north Arabian Sea was critical as regards connectivity to land and maritime routes as far as Central Asia.
Many countries of Central Asia, he said, were landlocked with a population of 65 million and poor infrastructure to bring about development, and Gwadar’s location was a feasible route for these countries to enhance their trade.
Commodore (Retd) Syed Obaidullah, member, Board of Directors, Bahria
Foundation, through a talk based on figure work and statistics, spoke of the Indo-Pacific Ocean region and dubbed it the super Maritime Region of the 21st Century.
The major layers in the region, he said, were the US, China and India. By 2030, he said, most energy would be coming from the region. China, he said, was heavily investing in Africa which also enhanced the vital nature of the region.
Vice-Admiral Iqbal F Quadir said the “sole superpower”, the US, now found itself challenged by China, Russia and India in the region. Gwadar, he said, assumed all the more importance in light of the proposed oil and gas pipelines planned to be interconnecting countries of the region.