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CPEC’s Utility and Concerns under OBOR Initiative: A Pakistani Industrial Perspective

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School of Economics & Management, South China Normal University, Guangzhou 510631, China
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School of Computer Sciences, South China Normal University, Guangzhou 510631, China
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Department of English, Bahauddin Zakariya University, Multan 60800, Pakistan
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Department of Business Administration, Multan Campus, Air University, Islamabad 44000, Pakistan
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Authors to whom correspondence should be addressed.
Economies 2019, 7(3), 90; https://doi.org/10.3390/economies7030090
Received: 23 July 2019 / Revised: 23 August 2019 / Accepted: 28 August 2019 / Published: 4 September 2019
(This article belongs to the Special Issue Industrial policy for growth)
This study emphasizes the utility and concerns of China Pakistan Economic Corridor (CPEC) on various sectors of Pakistan’s economy through the lens of real stakeholders. Specifically, this study focuses on three aspects: the beneficiary of CPEC; CPEC’s effects on employment, GDP, foreign direct investment and personal income in Pakistan; and the concerns regarding Pakistan’s sovereignty. A qualitative research approach was adopted to explore the objectives of the study. To analyze these aspect, in-depth interviews from different Pakistan’s business community are conducted. Our study finds that CPEC will not only beneficial for both Pakistan and China, but also for other neighbouring countries in the region. To validate these findings, interviewee’s data is analyzed in the light of semantic analysis approach. Our study illustrates that, the development along the corridor will produce employment opportunities that will raise the income level of a common person of Pakistan, and the industrial growth in Pakistan through CPEC will have a positive effect on the country’s GDP. Our study also concludes that CPEC doesn’t pose any threat to Pakistan’s sovereignty. The stakeholders of CPEC are concerned over the intentions of Pakistan government; that need to be clarified. This research study also suggests the maximum benefits out of this mega venture. View Full-Text
Keywords: CPEC; OBOR; Pakistan economy; game-changer CPEC; OBOR; Pakistan economy; game-changer
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Abbas, G.; Liu, Z.; Wasti, S.H.; Munir, U.; Abbas, M. CPEC’s Utility and Concerns under OBOR Initiative: A Pakistani Industrial Perspective. Economies 2019, 7, 90.

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