It has been recently reported that Islamabad and Beijing have decided that they will not welcome other countries to become part of the China-Pakistan Economic Corridor (CPEC) until and unless all energy and industrial projects are completed.
According to the reports, energy projects worth $35 billion are being developed in order to overcome the energy crisis in the country and only after their completion other countries will be allowed to join the economic corridor. Some of the energy projects including Sahiwal coal power plant have been completed while the rest are expected to be finished by the end of 2018.
Experts believe that China has been investing heavily on the CPEC and thus it should be the one to reap the benefits of the projects.
China is willing to include other countries in the economic corridor only after all the industrial units will become operational. The CPEC will give China access to the Russian and Central Asian markets and it can easily export its products to these markets.
China is also willing to setup duty-free zones in Pakistan and Pakistani government has allocated nine zones to China out of the 37 zones that will be built under the CPEC. On those 9 zones, China can either work independently or in partnership with the private sector.